The Book of Lost Tales 1 (The History of Middle-Earth - Volume 1)

Rating:
Summary: Thankful Tolkien "found" it
Review: This is a wonderful book that looks not only at an awesome story, but also into how it was written. Some people have and will find this a dificult book to read, but it is a book you must go into with a little understanding.
To begin with I would highly recomend reading the "classics" of Tolkiens works. Read the Hobbit first, not so much for the depth of the work (it was written with children in mind), but for the questions that will arise when you read The Lord of the Rings. When you have finished this and have seen how the Third Age ends, with new things begining and old things ending, then it is time to move on to the Silmarillion, Tolkien's crown of his writing career.
Now you learn about the beginings of the world and the sad story of the Elves.
Finally you should read the beautiful yet [sadly] undone Unfinished Tales. Not only does it contain the stories that he was changing for the Silmarillion, but it is an excellent introduction to his son Christopher's thought provoking commentary.
Now we move on to the book you are wondering about. When I first read it (I was much younger at the time)I had the impression of it being a bunch of loose stories that were eventually rewritten to become the Silmarillion. WRONG!!
This is abeautiful work that evolves right before you eyes. The book of lost tales is actually a book that was written to be a mythology for England, which Tolkien saw to be sorely lacking. It is the story of an Englishman (Eriol) who finds the land of Faery and is told a series of stories which is an history of the world and the Elves, so these tales that were "lost" to humanity were given to Eriol who wrote them down and called it The Book of Lost Tales. (This is what Tolkien also did with the Hobbit by Bilbo Baggins, LOTR by Frodo and Sam, And the Silmarillion said to be compiled by Bilbo with the help of Frodo).
The commentary by his son is very hepful in keeping things straight, and and seeing a timeline of when things were written.
All in all this is an excellent book and series.