A rare copy of Shakespeare's First Folio turned up on a Scottish island, reports the BBC. Only 230 copies are known to exist, or thereabouts, and the last to be sold fetched £3.5m (about $5m) in 2003 and £2.8m in 2006. Countless fakes are knocking around, too.

This copy of the first collected edition of Shakespeare's plays, published in 1623, was found at Mount Stuart House on the Isle of Bute. Academics who authenticated the book called it a rare and significant find. ... Emma Smith, professor of Shakespeare studies at Oxford University, said her first reaction on being told the stately home was claiming to have an original First Folio was: "Like hell they have." But when she inspected the three-volume book she found it was authentic.

The folio represents the first legitimate compendium of Shakespeare's work; we wouldn't have much of Macbeth were it not for its publication, among many other works preserved in it. Read the rest