Five editions of the Book of Mormon were published during the lifetime of the Prophet Joseph Smith. The first of those was printed and bound at the press of Egbert B. Grandin in Palmyra, New York. Five thousand copies were printed in that first edition for a cost of $3000, financed by Martin Harris.
In the fall 1828, Grandin rented a three-story bay in Thayre and Grandin’s Brick Row in Palmyra. Grandin’s space was one of four bays in the 85-foot building complex. It is located on the north side of Main Street between William and Market streets.
The Prophet Joseph Smith purchased a King James Bible here for $3.75. That book was later used in producing the Joseph Smith Translation of the Bible.
The printing press used to print the pages of the Book of Mormon was located on the third floor of Grandin’s shop. Presently, a replica of the press is on display in that room. The actual Smith single lever press used is in Salt Lake City.
The value of a first edition of the Book of Mormon is currently valued at $100,000, and one person is known to have purchased a copy for $180,000.