First Edition The Hobbit Sells For 122,000 dollars

by The Hobbit on March 18, 2008

 

Signed by JRR Tolkien and given to family friend Elaine Griffiths, the book was estimated to be worth $40 000

At auction today at Bonham’s of London, England, the first edition copy of The Hobbit went for 3 times its estimate.

There were 1500 first editions printed which all sold quickly. Over 100 million further editions have been sold worldwide since then.

I feel a quest coming on! Start digging in the attic through your parents or grand parents old book collections and keep your fingers crossed.