Rare 1937 ‘Hobbit’ Discovered In House Clearance Sells For $57,000

Published

10 months ago

August 7, 2025

A rare first-edition copy of J.R.R. Tolkien’s “The Hobbit” sold for 43,000 pounds ($57,000) at auction on Wednesday, after it was found during a house clearance in South-West England.

Purchased by a private collector in the United Kingdom, the book is one of 1,500 original copies of the British author’s seminal fantasy novel that were published in 1937.

Of those, only “a few hundred are believed to still remain”, according to the auction house Auctioneum, which discovered the book on a bookcase at a home in Bristol.

Bidders from around the world drove the price up by more than four times what the auction house expected for the manuscript.

“It’s a wonderful result for a very special book,” said Auctioneum rare books specialist Caitlin Riley.

“The surviving books from the initial print run are now considered some of the most sought-after books in modern literature,” Auctioneum said in a statement.

Auctioneum unearthed the book during a routine house clearance after its owner passed away.

“Nobody knew it was there,” Riley said. “It was just a run-of-the-mill bookcase.”

“It was clearly an early Hobbit at first glance, so I just pulled it out and began to flick through it, never expecting it to be a true first edition,” she said.

“I couldn’t believe my eyes,” she added, calling it an “unimaginably rare find”.

The copy is bound in light green cloth and features rare black-and-white illustrations by Tolkien, who created his beloved Middle-earth universe while he was a professor at the University of Oxford.

The book was passed down in the family library of Hubert Priestley, a botanist connected to the university.

“It is likely that both men knew each other,” according to Auctioneum, which said Priestley and Tolkien shared mutual correspondence with author C.S. Lewis, who was also at Oxford.

“The Hobbit”, which was followed by the epic series “The Lord of the Rings”, has sold more than 100 million copies worldwide.

The sagas were turned into a hit movie franchise in the 2000s.

A first edition of “The Hobbit” with a handwritten note in Elvish by the author sold for £137,000 at Sotheby’s in June 2015.

AFP

Indian Court Denies Bail To Nigerian Man Over Drug Charges

Published

5 hours ago

May 28, 2026

Editor

A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.

Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.

Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.

He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.

According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.

The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.

“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.

Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.

The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.

Headline

Strait Of Hormuz: US Announces Sanctions Against Iran

Published

6 hours ago

May 28, 2026

Editor

The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

Headline

US Launches New Airstrikes On Iran

Published

6 hours ago

May 28, 2026

Editor

The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.