Early issue Hobbits have a £10,300 day out in Hagley

Apparently consigned for sale by a local lady who had no idea of its commercial potential – it had been acquired as holiday reading when she was a young girl – a 1937 first edition of The Hobbit was sold at £10,300 in a general antiques sale held by Fieldings in Hagley, Worcester-shire, on April 26.