
In the medieval kingdom of Delain, an aging king is poisoned, and his elder son Peter — the rightful heir — is framed for the murder and locked away in a high tower prison. Behind the scheme stands Flagg, a malevolent court magician who has whispered ruin into the kingdom for centuries and now maneuvers Peter's weaker younger brother onto the throne as his puppet. Told in the cadence of a storyteller spinning a tale for his children, it follows Peter's patient, impossible plan to escape and reclaim what was stolen.
Significance A rare straight-fantasy fairy tale in King's canon, written for his daughter; its villain Flagg is the same Randall Flagg who haunts The Stand and the Dark Tower series, threading it directly into King's larger multiverse.
VIKING 1987: green 'dragon-scale' dust jacket — embossed/patterned overlapping green scales with raised (embossed) title lettering; front-flap price $18.95; author's name appears in RED on one first-state jacket and GOLD on the other simultaneous state (both first-issue, no priority). A "02182587" crease/printing code appears on the rear of first-state scale jackets (supporting point, independently corroborated). Interior David Palladini pencil-and-ink illustrations (on Bienfang velour paper). Jacket designed by Neil Stuart. PHILTRUM 1984: separate slipcased limited with Kenneth R. Linkhauser illustrations, title page in red and black, gilt decoration; designed by Michael Alpert, printed at The Stinehour Press.
Art / design: VIKING 1987: dust jacket designed by Neil Stuart; interior illustrations by David Palladini. PHILTRUM 1984: illustrations by Kenneth R. Linkhauser; designed/produced by Michael Alpert, printed at The Stinehour Press.
By 1987 King was a #1 bestselling author and "The Eyes of the Dragon" reached the New York Times bestseller list, so the Viking trade first printing was a large commercial run — almost certainly in the high tens of thousands to several hundred thousand copies, consistent with other King novels of the mid-1980s. This abundance, not scarcity, is why genuine trade firsts sell for double digits rather than four figures. The scarce/valuable issue is the separate 1984 Philtrum Press limited: 1,000 numbered copies plus 250 red-numbered presentation copies signed by King. The Viking copyright-page point ("First Published in 1987 by Viking Penguin, Inc." with no later-printing line) confirms first printing; there is no number-line to read.
PRIMARY (re-confirmed 2nd pass from official guide + dealers): TWO SIMULTANEOUS DUST JACKET STATES — author name in RED vs author name in GOLD. The stephenking.com guide lists "Two simultaneous dust jacket states: 1) author name in red 2) author name in gold"; both are first-issue, a documented collectable jacket-state distinction with no priority between them. No textual errata / sequential book-state break separates Viking first printings (unlike The Stand or 'Salem's Lot). A secondary axis collectors discuss is the THREE-PRINTER imprint on the CP (Haddon Craftsmen + two Arcata Graphics) — all first-printing, not a state break. The other "state" axis is editorial: 1984 Philtrum text/Linkhauser art vs. slightly REVISED 1987 Viking text/Palladini art. First-state Viking identification rests on the CP statement + intact $18.95 unclipped front-flap price + green 'dragon-scale' embossed jacket. The "02182587" jacket crease code on first-state scale jackets is CORROBORATED by independent listings — supporting evidence, not a primary point.
TRUE FIRST is itself the limited: Philtrum Press 1984 — 1,000 copies numbered 1-1000 in BLACK ink (for sale), 250 numbered 1001-1250 in RED ink (originally private/presentation distribution, often INSCRIBED by King), plus 26 lettered A-Z in black ink. Quarter black cloth + red hand-painted paste-paper boards, matching slipcase; Linkhauser illustrations; Michael Alpert design / Stinehour Press. 2nd-pass auction anchor (Bonhams): a red-numbered copy #241/250, inscribed by King to "Jim French" 12/6/84, realized US$1,402.50. NOTE: the edition is NUMBERED, not author-signed as-issued — pay a signature premium only for an actual King signature/inscription. No separate traycased/lettered TRADE deluxe for the Viking; no Donald M. Grant or Cemetery Dance edition for this title.
$50–175 (genuine Viking 1987 trade first, fine/fine, unclipped, unsigned)
Assumes a genuine first edition / first printing in near-fine to fine condition (clean copy, unclipped jacket). Lesser condition is worth less.
Confirmed sales: Note: the 1987 Viking TRADE first is a common, high-print-run book — it rarely reaches formal auction (Heritage/PBA), so confirmed comps are eBay SOLD / dealer-trade data, not auction-house lots. (1) eBay SOLD, unsigned VG+/Fine-in-Fine unclipped trade firsts cluster ~$25–55, ~2024–2025. (2) eBay SOLD, true 1st/1st w/ scaled DJ, Fine/Fine, ~$60–90 for the cleanest copies, ~2025. (3) Dealer/AbeBooks-Biblio trade records for Fine/Fine unclipped unsigned: ~$75–150 realized (e.g., Laureate/Blue Sky/John Atkinson-grade copies). The four-figure 'Eyes of the Dragon' auction results (Bonhams ~$1,402 incl. premium; PBA est. $8,000–10,000) are the 1984 PHILTRUM PRESS limited — a DIFFERENT book, not this trade first.
Book-club edition (the trap): $10–25. The BOMC/book-club copy is the trap: it is nearly identical to the trade first but has a smaller trim size, a blind-stamp dot/depression on the rear board, no price and a printed barcode on the rear DJ panel. Constantly mislisted as a "first edition." — a fraction of a true first; never pay first-edition money for one.
Condition-driven: a price-clipped jacket or faded/chipped spine knocks a Fine copy down to the $20–40 range; the scaled, green-textured raised-title DJ is fragile and rubs/sunfades easily, so true Fine/Fine jackets carry most of the value. Signed/inscribed is the real premium: a clean King signature on a trade first typically realizes ~$300–700+, inscribed/association higher. THE SINGLE BIGGEST DISCRIMINATOR for THIS title: the prompt's "Doubleday gutter code" point does NOT apply — this is a VIKING book. A genuine trade first reads "First Published in 1987 by Viking Penguin, Inc." on the copyright page (no later-printing statement / no number line) AND retains the $18.95 price on the front jacket flap with full trim size and NO book-club blind-stamp on the rear board. The far more valuable "Eyes of the Dragon first edition" is the 1984 Philtrum Press limited (1,000 numbered + 250 red-numbered) — do not conflate it with this $50–175 Viking trade copy.
Verification notes: 2nd adversarial pass. Cross-checked 12+ sources incl. NEW independent ones not in the draft: Bookshop Apocalypse (BCE tell verbatim), stephenkingcollector.com forum (3-printer CP + ~400,000 print run), veryfinebooks BLOG (signed Viking first sold $675). Several premium-dealer pages (Peter Harrington, Laureate, nocloo, biblio) returned 403/406/SSL blocks to automated fetch; relied on official guide + reachable dealers + auction record instead. RESULTS vs draft: (A) CONFIRMED with no change — CP statement, no-number-line (and that Misery-same-year DOES carry a number line, so the number-line discriminant does NOT transfer to this title), $18.95 front-flap price, red-vs-gold author-name DJ states, green boards + beige/cream quarter-cloth spine + gilt dragon, ~6¼ x 9½ / 326 pp, Palladini art, Philtrum quarter-black-cloth + red hand-painted paste-paper boards. (B) NEW/STRENGTHENED — added the 3-printer first-printing copyright imprint (Haddon Craftsmen + 2× Arcata Graphics) and ~400,000 first run as a documented first-printing/state axis; added that Palladini's interior art is pencil-and-ink on Bienfang velour paper. (C) DISCREPANCY CORRECTED — draft cited a Cummins Philtrum copy "#61/250, inscribed to Dave Hartwell, 12/5/84"; I could not reach/verify that Cummins page this pass. The auction record I DID verify (Bonhams) is a DIFFERENT red-numbered copy: #241/250, inscribed by King to "Jim French," dated 12/6/84, realized US$1,402.50 incl. premium. Both support the pattern that red-numbered Philtrum copies are frequently inscribed; I have re-anchored the value/inscription example to the verified Bonhams figure and flagged the Cummins example as unverified-this-pass. (D) CONFIRMED draft's caution — "signed limited" in some AbeBooks/Amazon titles = NUMBERED as-issued, not author-signed; pay a signature premium only for an actual King signature/inscription. (E) topstain: re-confirmed NO as-issued topstain; the "coffee/brown" top-edge some dealers note is foxing/condition, not an issued color. (F) BCE rule re-confirmed verbatim by 2 independent dealers (no front-flap price + rear-panel barcode); blind-stamp/glued-binding tells remain generic lore, not in the King guide. (G) Slipcase: Viking trade first issued WITHOUT a slipcase — slipcases on Viking copies are aftermarket/dealer-added (the veryfinebooks "Slipcased" copy uses a dealer case).