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In Part Two, we’re going to address a few special circumstances that can be problematic to the process of first edition identification. If the book is published in one country earlier than others, that earliest release is the “true first.” However, some books are released on the same day in different countries, but they’ll have different covers. When comparing a book club edition to the actual first edition, the BCE’s copyright page may be missing the words “First Edition” or the impression line of numbers. The most reliable way to identify a Book of the Month Club edition is the blind stamp on the back cover (if it is a hardback).
When you’re researching first editions or looking to buy one, you might come across the term “first thus.” This means the book is not a true first edition, but is a first edition of a completely new reprinting. If you have a collection of short stories or a volume of poetry, it’s likely that you’ll find more than one copyright date on the copyright page. An ARC is an advance review copy (as many of you bloggers out there know), and it is not a first edition. Have you ever wondered about Harry getting all up in Louis’ space and pushing him against a wall?
The 1997 first edition of 'Harry Potter and the Philosopher's Stone' raises $228,000, posting record of the highest auction price to date.
A rare first edition of "Harry Potter and the Philosopher's Stone" took a massive price at charity auction in aid of the English Pen writers' association in London on May 21. The "Harry Potter" book appeared along with books from other notable names at the auction hosted by Sotheby's. Premiered on November 4, the wizard film grabbed $32,3 million on its opening day and was considered a great success following positive responses from fans as well as critics.

The biggest obstacle to easily identifying first editions is the fact that every publishing house does it differently, so if you have specific questions, consult this guide.
In this case, the general rule of thumb is that the copies published in the author’s own country are the “true” first edition.
In the United States, however, they often look exactly like a first edition at first glance. For example, the first edition of the paperback version of the book, or the first edition of a reprinting of a classic– these are “first thus” editions. It actually pre-dates the first edition — it’s a paperback copy of the book (often uncorrected, so it may contain typos) that the publishers send out to reviewers before the pub date. Among them were a copy of "Life of Pi", which got $3,900 and has author Yann Martel's notes on why the chapters were switched from the original Canadian edition, and a first edition of Margaret Atwood's "The Blind Assassin", which fetched $5,460. Cos we've got enough Podcast material to keep you occupied for roughly 2 years and 147 days.
Book club editions are often made using the exact production plates the publishers use, so they may be virtually identical. If there’s no “first edition” or impression line for you to reference, check the title page. They’re easy to identify–they’ll say “advance review copy” or something similar, have no barcode or price, say “not for resale,” and often have the publisher’s marketing plans and the book’s release date on the back or spine.
Rowling's handwritten notes as well as original illustrations, the 1997 book was sold to an anonymous bidder, who bid for it over the telephone, for $228,000. Penned by Steve Kloves and produced by David Heyman, the 2001 film introduced then-newcomers Daniel Radcliffe, Emma Watson and Rupert Grint as best friends Harry Potter, Hermione Granger and Ron Weasley respectively.

For example, my copy of Harry Potter and the Goblet of Fire is a first American edition, which is not a true first. Book of the Month Club (and a few other book clubs) started using blind stamps after 1947, so if your book predates that, you will have to use a different method for differentiating it from a true first. If the date on the title page matches the latest date in the line of dates on the copyright page, you likely have a first edition.
For the most part, you will have to research it on a book-by-book basis (a good idea for any book published before 1947, whether you suspect it is a BCE or not).
If there’s no date on the title page and no further indication on the copyright page, you’ll have to research the volume individually. Whether or not an ARC is valuable to a collector really depends on the collector–a completist will probably want them. If the book in question is paperback, BCEs are often larger than regular paperbacks and sometimes have different quality paper.
However, most publishers are very strict about the “not for resale” thing, so buying them is an iffy proposition that is best avoided.

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