To make matters more confusing, each time a new publisher releases an instance of the same title or a book is released in another format they may also describe their book as a first edition (for instance, the Penguin Classics first edition or the first paperback edition).
In the simplest terms, a first edition is the first commercially distributed version of a book. For the purposes of modern collectible books, first edition is shorthand for the first printing of the first edition of a work. There isn’t any one profile of the collector.
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what is a first edition book