[Last Tuesday, 5 August, I read a really wonderful little story in the front section of the New York Times: “A ‘Hobbit’ Gem Rediscovered in England” (published on the paper’s website as “A Rare Copy of ‘The Hobbit’ Is Found on an Unassuming Shelf” on 4 August.) As you’ll see shortly, it’s a report on the serendipitous discovery of a first edition of J. R. R. Tolkien’s initial book in the Middle Earth saga, The Hobbit. In my 20’s, I was a Tolkien fan. I wasn’t obsessive—I never tried to learn any of the languages Tolkien invented, for instance (which is perhaps odd, since I was a linguist)—but I loved the stories (and, 30 years later, the movies).
[I became engaged by the books sort of by happenstance. I was in the army—this was the summer of 1971, by the way—and posted to West Berlin. I arrived with just a suitcase of clothes and uniforms and very little else. I was forewarned that I’d be wearing civilian clothes on duty, so I needed to bring enough suits, slacks and jackets, shirts, ties, shoes, and socks for five days so I wouldn’t have to repeat within a week of work. (Up till then, in the 2½ years I’d been in the service, I wore a uniform, so who’d notice if I wore the same one two days in a row?)
[All my other personal effects were being shipped from home courtesy of the army, but it wasn’t an express delivery. So, I had a radio, but no television or stereo. If I went out, Berlin had plenty of diversions, but I’d eventually have to come back to the BOQ, even if only to turn in for the night. (Army office hours started at 8 a.m.) So, I stopped by the PX newsstand, which was also the bookstore, and browsed the reading material on offer. I spotted a boxed set of the Ring Trilogy and its predecessor, The Hobbit.
[I’d heard of the saga, of course. It was popular on the campus of my college, my last stop before the army. But I hadn’t read any of the books yet. So, I grabbed the four paperbacks to see what all the fuss was about—and hopefully to have something to pass the time and occupy my mind and imagination when I was off duty at home.
[Well, long story short (if it’s not already too late): I not only couldn’t put the books down, but I was sort of transported to Middle Earth in such a way that everything around me in my apartment became part of the fantasy world. Even when I wasn’t reading the stories—even when I’d finished them (and, boy, was that a let down!)—if I heard a song that was on the radio when I was reading in bed, or if I ate a snack I’d often had while I was reading, I was flashed back to the saga. Not literally, but emotionally or psychically: I’d feel again however I’d felt when I was immersed in the book.
[That flashback sensation lasted for a few years; it’s gone now, perhaps unfortunately, but it stayed with me for a long time. The only other book that did that to me was T. H. White’s The Once and Future King (1958), which I’d read—also in bed at night—when I was about 12. (I loved the Narnia books [1950-56] and the Oz books [1900-20]—those latter [only the first three or four, I think] were actually read to us by our elementary school librarian when I was really young—but they didn’t transport me the way the Hobbit saga and little Wart’s story did.)]
“‘UNIMAGINABLY RARE’ FIRST EDITION OF
JRR TOLKIEN’S ‘THE HOBBIT’ DISCOVERED IN U.K. HOME”
Jo Lawson-Tancred
[This account of the find was reported on artnet magazine’s website on 7 August 2025.]
In near pristine condition, the book easily surpassed estimates to fetch $57,000.
An exceptionally rare first edition of JRR Tolkein’s [1892-1973] fantasy bestseller The Hobbit [1937] was sold for £43,000 ($58,000 [or €50,000]) by a local auction house in Bristol, England, yesterday. The literary gem soared past its conservative high estimate of £12,000 ($16,000 [or €14,000]) in an online sale by Auctioneum, meeting expectations but failing to pull in one of the eye-watering sums that Tolkein’s first editions have previously commanded.
The book’s discovery would be a once-in-a-lifetime moment for any rare books specialist. While out on a routine appraisal of the contents of a home in Bristol, England, Caitlin Riley [b. ca. 1997] spotted an unusually quaint, faded green cover. As a seasoned connoisseur, she knew what she might be looking at, but surely it was too good to be true? On closer inspection, there could be little doubt that she was holding a first edition of JRR Tolkien’s masterpiece The Hobbit, in near pristine condition, no less.
“It was just a run-of-the-mill bookcase, containing the usual reading and reference books you’d expect to find,” Riley said. As she flicked through the pages, surveying a title page with no previous publication dates, the magnitude of the discovery dawned on her. “When I realized what it was, my heart began pounding. It’s an unimaginably rare find.”
Indeed, though the fantasy novel would go on to sell an estimated 100 million copies, becoming one of the best-selling books of all time, The Hobbit‘s original 1937 print run consisted of just 1,500 copies. Of these, only a few hundred are believed to remain, and since many likely once belonged to children, unsurprisingly, bear signs of wear and tear.
The book was an immediate success and its first print run was swiftly followed by a second, just a few weeks later. A key difference between these runs can be found in the illustrations, which are based on Tolkien’s originals. In the first run, the illustrations were done in black-and-white to save on costs. When it became clear the book would be a hit, they were recommissioned in color.
Coveted literary treasures like these, especially those touting the name of Tolkein [pronounced, by the way, TOLE•keen], have been known to fetch over $100,000. First editions of The Hobbit are so rare that they almost never come up for auction but, in 2015, one similar copy sold for £137,000 at Sotheby’s London. However, this sum, which converts to around $182,000 today, was partly owed to the book retaining its original dust jacket and containing Tolkien’s inscription to the recipient, one of his students, as well as four lines of handwritten Elvish.
A London book specialist, Oliver Bayliss [b. 1992], has estimated that the copy found in Bristol might sell for over £50,000 ($67,000 [or €58,000]), according to the New York Times. He only slightly overestimated the eventual sum.
Riley’s find was all the more unexpected because the house’s late owner has remained anonymous, with their estate being overseen by an executor. While specialists are not sure how The Hobbit ended up on their bookshelves, the copy can be traced to the library of celebrated botanist Hubert Priestley [Joseph Hubert Priestley (1883-1944)], who studied and lectured at University College, Bristol.
It has been speculated that Priestly may have met Tolkien via another acclaimed English author, C.S. Lewis [1898-1963; British writer, literary scholar, and lay Anglican theologian; held academic positions in English literature at both Magdalen College, Oxford (1925–1954), and Magdalene College, Cambridge (1954-63); best known as the author of The Chronicles of Narnia (1950-56)], with whom both men corresponded. Whatever the case, the various owners of this copy of The Hobbit appear not to have been avid readers. Its noticeably un-thumbed pages suggest that it may never have been read at all, or possibly by someone taking great care not to leave many traces.
[Jo Lawson-Tancred, European News Reporter, writes about news happening across the art world, including at museums, in archaeology, on the gallery scene, and emerging uses of tech in art. In longer form, she reports on new trends in the art and museum worlds, interviewing important artists working today, or bringing to light the forgotten stories of historically marginalized artists or portrait subjects. Her book A.I. and the Art Market was published by Lund Humphries in 2024 in the U.K. and 2025 in the U.S.]
* * * *
“HOW TO IDENTIFY FIRST EDITION COPIES OF
THE LORD OF THE RINGS AND THE HOBBIT”
[WeBuyBooks, the website of a recommerce company in the United Kingdom specializing in recycling books, CD’s, and DVD’s, published a guide to Tolkien first editions. I’m reposting it for the edification of any ROTters who are not only Tolkien fans, but collectors. This post was last updated on 26 March 2025.
[(Since “Rare First Edition” is about The Hobbit, not the writer’s whole Middle Earth oeuvre, I’ve truncated the WeBuyBooks posting after it covers that one book; interested readers should click on the link above to access the website and the collectors’ guide for The Lord of the Rings trilogy and The Silmarillion. I’ve also taken the liberty of italicizing the book titles below, which the website didn’t do. Because the post is all about books, spotlighting the titles from the other writing seems significant and useful.)]
Do you own a copy of The Lord of the Rings (first published, 1954-55)? If you do, you could be in for a surprise. In this article, we will uncover the secrets behind first-edition J.R.R. Tolkien novels to find out just how valuable they are.
Since the release of The Lord of the Rings following the successful launch of Tolkien’s first book, The Hobbit, it has seen success after success, leading to over 150,000,000 copies printed to date. We aren’t just going to be looking at your average copy of The Lord of the Rings however, we are going to be examining the true first editions and explaining how you can identify them.
We are going to be exploring some tips and tricks to help you identify what a first-edition Lord of the Rings book looks like and how to spot a fake. We will also be taking a look at first-edition copies of The Hobbit and The Silmarillion, as well as some of Tolkien’s other lesser-known titles.
So, if you have an old copy of The Lord of the Rings, The Hobbit, or The Silmarillion (1977), now’s the time to dig it out and see if you are unknowingly in possession of a first-edition Tolkien classic.
So, grab yourself a cuppa [for those not up on Britspeak, in the U.K., where WeBuyBooks lives, this colloquial contraction of cup of means “tea”], get comfortable, and let’s get started.
What is the difference between ‘first edition’ and ‘first printing’?
Reader’s Note: Throughout this article, we will be referring to ‘first edition’ and ‘first printing’, these are phrases that come up a lot when considering rare literature, but they both have different meanings, here’s what they mean:
First Edition: A ‘first edition’ book is a copy of the first version of the book. A second edition is a version of a book after adjustments are made to the original. These can be in the form of new artwork, corrected errors, or simply changes in the wording.
First Printing: ’First printings’ (or ‘first impressions’) are the copies of a book that are part of the first print run of an edition. For example, if a new edition of a book is released with new cover art, the first printings will be the ones that are printed first.
The size of print runs varies from book to book, it’s common to find that books written by relatively less well-known authors or books that are the first of their series have a much smaller number of first edition, first printing copies. This is due mainly to the fact that the publisher can’t guarantee the book’s success and is less willing to invest in large-scale printing straight away.
For true collectors, a first printing of a first edition is the ultimate goal as these tend to be the rarest, but later printings and editions can still hold significant value.
Before we begin, just a warning, the following content may contain some spoilers so if you haven’t already read any of the Tolkien books, continue with care.
Who was J.R.R. Tolkien?
Born in Bloemfontein, South Africa, in 1892, John Ronald Reuel Tolkien, more commonly known today as J.R.R. Tolkien is best known as the author of The Lord of the Rings and The Hobbit. Tolkien’s contributions to the high fantasy genre aren’t his only achievements however, during his professional career he was the Rawlinson and Bosworth Professor of Anglo-Saxon history at the University of Oxford. He later took the position of Professor of English Language and Literature at the same university.
[Tolkien died in Bournemouth, Hampshire, on 2 September 1973 at the age of 81; his wife, Edith (née Bratt), had predeceased him by 21 months. He had had the name “Luthien” [sic] engraved on her tombstone at Wolvercote Cemetery, Oxford. When he was buried in the same grave, he had “Beren” added to his name.]
[The story of Lúthien and Beren recounts the love between Beren, a mortal man, and Lúthien, an immortal elf-maiden. Their forbidden love leads to Beren undertaking an impossible quest and Beren and Lúthien face numerous perils together, ultimately succeeding in their quest and proving the power of love and sacrifice. Though Beren dies after the quest, Lúthien chooses mortality to be with him (as Edith Bratt converted to Catholicism for Tolkien), and they are later restored to life. Their tale is one of enduring love and the triumph of good over evil. It’s mentioned briefly in The Fellowship of the Ring, the first part of the trilogy, and related in full in The Silmarillion.]
The Hobbit First Edition
For the sake of chronology, we are going to start with the first of Tolkien’s published novels, The Hobbit. Being the first of Tolkien’s novels and the book that has inspired multiple modern adaptations including Peter Jackson’s [b. 1961; New Zealand filmmaker] film trilogy [Lord of the Rings trilogy (2001-03); later, the Hobbit trilogy (2012-14)] that took the same name, a first edition of The Hobbit has been valued at up to £40,000 [$54,000 or €46,000] depending on condition.
The Hobbit follows an unsuspecting hobbit (otherwise known as a halfling) of the shire on an epic adventure that takes him and his new dwarven companions on an adventure to reclaim the Lonely Mountain, the ancestral home of the dwarves.
Published on the 21st of November 1937, the first print run only consisted of 1,500 books, which sold out in just under three months. Since then, The Hobbit has sold around 100,000,000 copies worldwide, which means that the 1,500 first printings of the first editions make up around 0.0015% of all the copies in existence. The passage of time has only made them even rarer due to the inevitable disappearance and damage of some books.
When you come to identify a true first printing of a first edition The Hobbit you need to look for the following details:• The publisher should be “George Allen & Unwin Ltd”.
• The Publication date should be 1937. [The copyright page should have no mention of subsequent impressions.]
• All of the illustrations in the book should be in black and white. After the success of the first print run, a second print run was released with coloured illustrations.
• On the inside of the back cover of the first edition dust jackets there is a mistake. Halfway down the page, the word Dodgson is spelled “Dodgeson”, including an ‘e’ where there shouldn’t be one. In most first edition copies, this ‘e’ has been crossed out by hand using black ink.
[This is in a brief comparison of Alice’s Adventures in Wonderland (1865) and Through the Looking Glass (1871), written by Charles Lutwidge Dodgson (1832-98), better known by his pen name, Lewis Carroll, with The Hobbit, and of Carroll/Dodgson and Tolkien as writers of fantasy stories.
[Carroll/Dodgson and Tolkien were both Oxford dons and authors. This shared Oxford connection and literary legacy led to Dodgson’s name being included in the information about Tolkien's work on the back flap of the dust jacket. In addition, there’s speculation that Dodgson, though deceased at the time of The Hobbit's publication, may have critiqued, proofed, or influenced Tolkien's early work; however, this theory lacks strong evidence, not to mention that Dodgson died when Tolkien was six, and should be considered with caution.]
. . . .
Signed Copies of The Lord of the Rings and The Hobbit
Copies of The Lord of the Rings or The Hobbit signed by J.R.R. Tolkien himself are scarce, so if you find yourself looking to add a signed copy to your collection you are going to need to write a big check.
Putting a value on a genuine signed copy of The Lord of the Rings or The Hobbit is difficult as the price range varies so much, but if you do manage to find one you can expect to pay anything from a few thousand for a signed copy of a later edition, to £500,000 [$672,000 or €576,000] for a complete, signed first-edition Lord of the Rings trilogy.
[The tale of the remarkable discovery reminds me a little of my search for the source of one particular quotation. I tell the story in "Literary Detection" (3 January 2011).
[Over the years, I have gone in search of many quotations using my dubious skills as a literary detective to track them down in a kind of documentary skip-trace. If I came across a statement attributed to someone, and I thought I’d like to use it in something I was writing, I needed to find the actual source—or, at least, a citable one—before I could comfortably (and, really, legitimately) quote the statement myself. That’s not a problem if the statement is documented in the book or article in which I found it.
[Sometimes, however—more often than I’d like—authors misattribute their quotations, giving the wrong originator or the wrong publication or the wrong date, or they don’t identify them at all. Then, if I want to use the statement, I have to track down a viable source.
[In a pamphlet from a 1999 exhibit of Mexican muralist Diego Rivera’s work at the Cleveland Museum of Art was a very intriguing statement. I knew I’d want to use it somewhere in a paper I was writing, but the pamphlet didn’t name the source of the quotation. The Internet, my usual first step, revealed nothing. The statement appeared numerous times on many websites, but not one gave any kind of origin for it. The statement wasn’t listed in any dictionary of quotations I could find.
[So, off I went to search biographies of Rivera and articles by and about him that included statements he made. Rivera, of course, is an artist much written about so his footprint is huge. I made the rounds of the art collections in New York City libraries and searched every book and article about or by Rivera I could locate and never found the statement or anything remotely resembling it. I even tried contacting the Rivera museum in Mexico City, but no one ever responded to my inquiry.
[I even wrote the Cleveland museum to see if anyone there knew the source of the quotation they’d used—no one did—and a reviewer of another exhibit who’d quoted the lines in her article, but she didn’t know where the statement came from, either.
[I started looking for the Rivera quotation probably around 2000 or 2001. I kept looking from time to time, doing a ‘Net search every six or eight months in the hope that something new had been posted since my last try. Sometime in 2007, I hit on an essay in a journal that quoted the Rivera statement. I hoped it would be documented, but I couldn’t access it from my home computer; I could only download the essay at a research library. Finally, I got the article on a terminal at a research branch and, lo and behold, it was footnoted. I copied down the citation for the quotation, a book about Rivera, and put in a request for it.
[Well, the only circulating copy of the book in the system turned out to have been “on trace” for months and my request was soon cancelled when the book was officially declared missing. My only recourse now was to search the book at the non-circulating main research branch of the library, so I took myself off one subsequent afternoon.
[En route, I passed by the lending branch that covered art and artists, where the book would have been housed if it weren’t missing. On a whim, I decided to go up and just have a look on the shelf. The book was sitting there, in all its glory—not out of order, not on a shelving cart, not mistakenly on the reference shelf—just where it was supposed to be shelved.
[I had a quick look at the book right there, and there was the quotation, very clearly indented near the beginning of the text. It was even footnoted: the source was a collection of random comments, oral and written, Rivera made to the book’s author, a friend of his and his wife, Frida Kahlo’s.
[So I found the book and my source and could state that Rivera did actually say what's attributed to him (or as surely as a sourced publication of the words can make it). After years of on-and-off searching. After having looked through every book and article on or by Rivera I could locate; why I missed this one, which dated from 1971 so it wasn’t newly released or a recent acquisition by the New York Public Library, I don't know. Nonetheless, mission (finally) accomplished.
[It was the same kind of serendipity that landed the Hobbit first edition in the hands of Auctioneum’s Caitlin Riley. Yes, she wasn’t looking and I was, but at this point, all I was doing was periodically searching a few databases. Then, for both of us, something valuable and important to each of us simply fell into our hands. For both of us, I suspect, it was a lagniappe—an unexpected gift.]