"In a hole in the ground, there lived a hobbit." So begins one of the most beloved and delightful tales in the English language. Set in the imaginary world of Middle-earth, at once a classic myth and a modern fairy tale, The Hobbit is one of literature's most enduring and well-loved novels. This gift edition, with new watercolor paintings by the artist Alan Lee, celebrates the sixtieth anniversary of the first publication in 1937.