The strange fetish for first editions

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A look at the International League of Antiquarian Booksellers congress in Melbourne.

How can any old book be worth nearly half-a-million dollars when the same thing brand spanking new is sitting on the paperback classics shelf for less than $30? Why were first editions of John Fowles, author of The Magus, worth a bomb a few years ago whereas now, says rare book dealer Rick Gekoski, "you can barely give them away".

A rare world

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Thanks,
Richard

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