Cornish Hobbit has few financial rivals

A 1937 FIRST edition of The Hobbit was always likely to be the big story in the April 14 books and collectables sale held by David Lay of Penzance. In a jacket with some chips and losses, notably towards the spine ends, and showing an ink correction to the mis-spelt version of Charles Dodgson’s name on the back flap, it duly sold at £10,500.

In a modern binding of half morocco gilt, a copy of Thomas Johnson’s “much enlarged and amended” 163…

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