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Originally posted by: billryan
In 1977(?) a new Tolkien book was published. I was outside of a book store before it opened and bought three copies of it. Kept one and put the other two in plastic and in a box. Years went by and ebay came along. First editions were selling for hundreds of dollars. I was positive I had two as I bought them the first day. Went to a bookseller and was told mine, while first editions, were not first printings. Later I found out they weren't even true First Editions, they were First American Editions, worth far less than their UK counterpoints for some reason.
I've been a comic book collector and part time dealer since 1973 and thought I knew about collecting things, but books are a mine field. I know enough to know that 99.5% of books are worthless. You can find mid-1960s copies of that book in many used bookstores for a buck or two. Five, tops.
Interesting (and a drag for you, sorry), my Mom has all first edition J Grisham books,signed, along with many other first editions by several different authors, most signed. I'll have to point that out to her, does it say inside 'first printing' or any other things to look at? Appreciate it.