Last Updated on 8/23/2005 by bidz

Read the signs to cash in Business

“IT COMES as no surprise that first edition copies of Dickens or Jane Austen novels can be worth tens of thousands, but the growing craze for collecting modern first editions has seen some lucky investors make a financial killing. Spot a bestseller at a book fair before everyone else and you can multiply your investment by hundreds, or even thousands, of pounds.

…Ron Wilson, of the Old Town Book Shop in Edinburgh, described the modern first editions cult as a strange phenomenon. He said: “You can understand people collecting first editions of Graham Green or Ian Fleming, which are very popular. A copy of Dr No would go for about 3,000 pounds. But to pay so much for books which have just been published seems odd to me.””

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