Tolkien (J.R.R.) The Hobbit; or There and Back Again, first edition, cut signature with presentation inscription "for Mrs Gould, J.R.R. Tolkien" from the author in calligraphic hand loosely inserted with Typed Letter signed from Tolkien's secretary thanking her for her assistance and presenting the signature for insertion in the book, light toning on endpapers, rear pastedown peeling away at corner with slight resultant creasing, original cloth, loss to spine ends affecting publisher's imprint at foot, spine a little faded, the odd surface mark, joints split and rubbed, some chipping and fraying to extremities, facsimile dust-jacket, preserved in slip-case, 8vo, 1937.