Q: My friend was in an antique store and found this 1895 edition of Alice’s Adventures in Wonderland, published by Henry Altemus. It is priced at $150. The internet has conflicting prices and information. The book is in good condition. Would you mind letting me know if this price is reasonable or what your thoughts are. Thanks

A: $150 is high.
First you have to figure out which edition it is. Take a look here to determine when it was published between 1895-1898.

http://henryaltemus.com/series/series202F1.htm

The true Altemus first is worth more than later copies.

The prices for this book as well as the later Young People’s Library reprints are hard to figure.

What I mean is that the later Alice’s in the Young People’s Library. ( See http://henryaltemus.com/series/series202F2.htm and
http://henryaltemus.com/series/series202F3.htm frequently are promoted as earlier and rarer than they are and unknowing buyers will pay $50-100 for a copy.

This is despite the fact that not only are they buying a misdescribed book but they are buying a very, very common book.

Getting back to your book. The condition is not great so even if it is the 1895 edition, it is not worth the money. Maybe $50-75 if you just have to have it.

If not, you can be patient and pick up a better copy for $25-50.