@article{zakonnik2022return,
  title = {Return on Investment in Alternative Markets:  The Case of The Polish Rare Book Market},
  author = {Lukasz ZAKONNIK and Piotr CZERWONKA},
  year = 2022,
  url = {https://ibimapublishing.com/p-articles/40ECO/2022/4033122/},
  journal = {Communications of International Proceedings},
  volume = 2022 (5),
  abstract = {In the presented article, the authors pose the question - how profitable it is to invest in the rare book market? The study was conducted on the Polish market. Polish-language old biblical books published in the years 1561-1839 were established as the research group. The article used primary statistical methods and presented the so-called average annual rate of return on investment in rare books in Poland. The article indicated that the average annual rate of return (adjusted for inflation) was, in most cases, a few percent (about 3-5%). Thus, the return on investment is not very large but allows to effectively cope with inflation.},
  keywords = {art market, investing, rate of return, rare books, alternative markets, bible},
  note = Article ID: 4033122
}
