What is the deal with first edition books, why are they valuable?

I get asked this often by my friends when I’m extactic about finding a new first edition of a book, what makes it so important, why are first editions of a book so sought after by blokes like me? Well, there’s a couple of reasons why first editions of a book are interesting, let’s see what those might be.

What is the deal with first edition books, why are they valuable?

First edition of a book is unique because it has the first available version of a book text. When a second edition of a book is released, it usually means that there were some tweaks to the work by the author. Maybe some expressions are changed, some misplaced words fixed, and things like that. Having a first edition is valuable because of these differences, it makes it unique.

Furthermore, a first edition and second edition of a book can also be the different in the sense that the first edition is hardcover and the second is paperback. Of course if the book is really old, like for example, “Love in the Time of Cholera”, then the first edition is valuable because of the status of the work itself, it’s a classic. It’s sort of like limited production models of Ferraris’, Lamborghinis’ and other fancy cars. Hope this clears it up.