Morinehtar wrote:
So expensive, even without dust jacket!
This is actually not bad in today’s market…If it had the jacket and was in better shape the asking price would be four times this.
Mr. Underhill wrote:
Morinehtar wrote:
So expensive, even without dust jacket!
This is actually not bad in today’s market…If it had the jacket and was in better shape the asking price would be four times this.
I wonder how copies like this fit in with the market, though. It isn't remotely good enough for an "investment grade" collector and it is probably too expensive (for what it is) for a lower/mid-range collector like myself. There clearly seems to be movement in this area as quite a few unremarkable 1938 Hobbits have been selling, but it seems like it must be quite a small market (albeit all it needs is one buyer).
Stu wrote:
Mr. Underhill wrote:
Morinehtar wrote:
So expensive, even without dust jacket!
This is actually not bad in today’s market…If it had the jacket and was in better shape the asking price would be four times this.
I wonder how copies like this fit in with the market, though. It isn't remotely good enough for an "investment grade" collector and it is probably too expensive (for what it is) for a lower/mid-range collector like myself. There clearly seems to be movement in this area as quite a few unremarkable 1938 Hobbits have been selling, but it seems like it must be quite a small market (albeit all it needs is one buyer).
You are right that this one isn’t in investment shape for a non Tolkien collector looking to store their money. But I think that fact that it’s a 1st print is the driving factor here.
Mr. Underhill wrote:
Stu wrote:
Mr. Underhill wrote:
Morinehtar wrote:
So expensive, even without dust jacket!
This is actually not bad in today’s market…If it had the jacket and was in better shape the asking price would be four times this.
I wonder how copies like this fit in with the market, though. It isn't remotely good enough for an "investment grade" collector and it is probably too expensive (for what it is) for a lower/mid-range collector like myself. There clearly seems to be movement in this area as quite a few unremarkable 1938 Hobbits have been selling, but it seems like it must be quite a small market (albeit all it needs is one buyer).
You are right that this one isn’t in investment shape for a non Tolkien collector looking to store their money. But I think that fact that it’s a 1st print is the driving factor here.
Hobbit prices are still out there, look at what someone paid for these.
Mr. Underhill wrote:
Mr. Underhill wrote:
Stu wrote:
Mr. Underhill wrote:
Morinehtar wrote:
So expensive, even without dust jacket!
This is actually not bad in today’s market…If it had the jacket and was in better shape the asking price would be four times this.
I wonder how copies like this fit in with the market, though. It isn't remotely good enough for an "investment grade" collector and it is probably too expensive (for what it is) for a lower/mid-range collector like myself. There clearly seems to be movement in this area as quite a few unremarkable 1938 Hobbits have been selling, but it seems like it must be quite a small market (albeit all it needs is one buyer).
You are right that this one isn’t in investment shape for a non Tolkien collector looking to store their money. But I think that fact that it’s a 1st print is the driving factor here.
Hobbit prices are still out there, look at what someone paid for these.
I feel like those two are extreme outliers. But like I said, it only takes one buyer (that has no idea and too much money).
I think we will see price increases in UK second editions taking place because if you want to get a copy of the Hobbit with an original dust-jacket, most collectors can completely rule out US & UK 1st edition Hobbits.
The dust-jacket is such an iconic part of this book that I think people will end up paying more for editions with dust-jackets.
The dust-jacket is such an iconic part of this book that I think people will end up paying more for editions with dust-jackets.
Trotter wrote:
I think we will see price increases in UK second editions taking place because if you want to get a copy of the Hobbit with an original dust-jacket, most collectors can completely rule out US & UK 1st edition Hobbits.
The dust-jacket is such an iconic part of this book that I think people will end up paying more for editions with dust-jackets.
I don't disagree - I just think those specific sales were outliers as those years are regularly selling for a lot less, particularly the 1959 11th (which is actually one of the more common years). And the price for the 56 was very high, given the water damage. But I do think the driver for these is undoubtedly the similarity of the jacket to earlier copies.
10
1983