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Well, StW, there may well be those who would like to have the Naismith pictures for rather less dough than shelling out for yet another copy of The Silmarillion. In making them available at a lower price, the publishers aren't doing anything different, in principle, than releasing a book in paperback.
Myself I don't get very hopped up about 'collectible value'- I'm a stocks-and-bonds kinda guy- and possessing a book (or bookplate) with a signature the author cranked out assembly-line fashion doesn't have much personal value for me- certainly not anything like Christopher's signatures at the bottom of his letters.
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The entire plot of The Lord of the Rings could be said to turn on what Sauron didn’t know, and when he didn’t know it.
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