Nice copy that I first sold over 20 years ago, It has now come back on the Market (I am NOT selling this book myself)
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The dust jacket is key for this one, no?
Well that is the normal rule for modern first editions but Tolkien is so so sort after that prices for early edition of The Hobbit are very high even without the dust wrapper
I see, it’s true that I saw that the 1st ed with dust jacked is valued around 70k so I suppose indeed that even without it it will be expensive.