"AND THAT WAS THE BEGINNING OF FAIRIES"
BARRIE, J.M. (RACKHAM, Arthur, illustrator). Peter Pan in Kensington Gardens. London, 1906.
First trade edition of the Arthur Rackham-illustrated Peter Pan, with 50 mounted color illustrations. A superb presentation copy, inscribed on the half title by J.M. Barrie with a quote from the book: "When the first baby laughed for the first time, the laugh broke into a thousand pieces, and they all went skipping about, and that was the beginning of fairies. J.M. Barrie." Splendidly bound in full exhibition morocco-gilt in the Arts & Crafts style by Sangorski & Sutcliffe with the original cloth bound in at the rear. $15,000.