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The Intelligent Investor first edition, first printing (Harper & Brothers, 1949) dust jacket

The Intelligent Investor First Edition

Benjamin Graham · Harper & Brothers, 1949 · First edition, first printing

A first edition, first printing of The Intelligent Investor by Benjamin Graham (Harper & Brothers, 1949) is worth about $11,291 unsigned in near fine condition, based on recorded sales. The first point to check: Copyright page: “FIRST EDITION” stated, with the code letters D-Y.

Market value · Unsigned, near fine
$11,291

Valued from 3 recorded sales in the last 12 months.

What a copy is worth

ConditionUnsigned
Fine$12,984
Near fine$11,291
Very good$9,598

How to identify this edition

These points tell this edition apart from other printings and editions of The Intelligent Investor.

✓ Copyright page: “FIRST EDITION” stated, with the code letters D-Y

✓ Dust jacket: red, “Harper & Brothers Established 1817”

✓ Front flap: Graham described as “Editor of Barron’s”

✓ Price: $3.50 at the top of the front flap (unclipped); early later printings kept it, so the price alone doesn’t prove a first

Common questions

How do I know if my copy of The Intelligent Investor is a first edition, first printing?
✓ Copyright page: “FIRST EDITION” stated, with the code letters D-Y ✓ Dust jacket: red, “Harper & Brothers Established 1817” ✓ Front flap: Graham described as “Editor of Barron’s” ✓ Price: $3.50 at the top of the front flap (unclipped); early later printings kept it, so the price alone doesn’t prove a first The identification points above show each one.
How much is a first edition, first printing of The Intelligent Investor worth?
$9,598–$12,984 unsigned, depending on condition and whether it is signed (values as of November 2026). Values come from recorded sales of this exact printing, not asking prices.
Can I sell my copy of The Intelligent Investor?
Yes. We value the exact copy from recorded sales and make a firm cash offer, free and with no obligation to sell.

Selling a copy?

We value the exact copy from recorded sales and make a firm cash offer, free and with no obligation. Get an offer.