POTTER, BEATRIX. The Tale of Peter Rabbit. London: Frederick Warne and Co., [1902]. Title vignette and 31 color plates including frontispiece. 12mo, original straw-yellow cloth, upper cover with color pictorial label, t.e.g., grey holly-leaf endpapers, spine dulled, some soiling and wear; some finger soiling, minor marginal soiling to frontispiece. FIRST PUBLISHED EDITION (trade edition), first state of page 51 ("wept big tears"), IN RARE VARIANT YELLOW DE-LUXE CLOTH BINDING (not noted in Quinby, Linder, or V & A). Linder notes that 2000 copies of the first edition were bound in either light green or olive-green cloth. Very rare variant binding.