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Even books written recently by contemporary novelists, that can be picked up for the cover price in a book store, can appreciate in value a lot. Hard cover first printings of the first editions of novels by acclaimed authors, particularly those that are signed and in pristine condition, are the most sought after.
A first edition of “Harry Potter and the Philosopher’s Stone,” of which just 500 were printed in 1997, was sold by Christie’s in 2007 for over $40,000.
Figuring out which book was actually the ‘true first’ printing and edition can be tricky, but those editions tend to be
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