This Limited Numbered Edition was published in 1987 to celebrate the 50th Anniversary of the original publication of The Hobbit.

Bound in dark green leather, and housed in the original publishers slipcase, as issued. This copy is numbered #23 of 500, and is signed on the Limitation Notice by the Editor, Christopher Tolkien. Only the 1st 100 copies are signed. Very scarce and only rarely available for sale.
The book also contains the special forword by Christopher Tolkien. This copy has one fault. The spine is darkened due to sun exposure, otherwise Near Fine.

Still packed in the original shipping box, with #23 Limitation Notice on the outside.

No foxing, no marks other than the sunning of the spine, still crackles when opened. In unread condition, a must for the serious collector.

Digital photo's available, inquire if interested.  
Other Tolkien books available, include both the UK and US editions, original cloth bindings, custom fine bindings, and Signed/Numbered/Limited Editions.