Masters of the Weird Tale H.P. Lovecraft

36.a.i Numbered variant. Main volume in full cloth binding with inset pictorial of Lovecraft's portrait, white ribbon marker, black headband, silver foil stamping on spine; Companion volume quarter bound faux leather with boards in bonded brown leather (very fragile material) with yellow ribbon marker; yellow cloth on top and bottom of slipcase; unsigned : 25(?) of 300 limitation - $395

36.a.ii Unnumbered variant. Quarter leather binding, brown bonded leather for front and rear boards,  silver foil stamping, yellow ribbon marker, yellow headband; Companion portrait in same style as main volume and companion volume of variant 36.a.i; red cloth on top and bottom of slipcase; only variant without a portrait on any of the boards; unsigned: 150(?) of 300 limitation - $395

36.a.iii Unnumbered variant. Quarter cloth binding with a Lovecraft portrait printed over the full height of the front board, rear board in rippling mauve cloth,  silver foil stamping on spine, yellow ribbon markey, yellow headband; Companion volume in full cloth binding with portrait printed over full height of front board; red cloth on top and bottom of slipcase; unsigned: 50(?) of 300 limitation - $395

36.a.iv Unnumbered variant. Same as 36.a.iii, except with quarter faux leather binding of the main volume; unsigned: 25(?) of 300 limitation - $395

36.a.v Unnumbered variant. Quarter cloth binding with a variant Lovecraft portrait printed over the full height of the front board, rear board in rippling beige cloth,  silver foil stamping on spine; Companion volume if full cloth binding with variant portrait printed over full height of front board; red cloth on top and bottom of slipcase unsigned: 50(?) of 300 limitation - $395

We have been able to confirm #1, #2, #12 and #15 are all variant 36.a.i. So this is the first run. Interestingly, we haven't found numbered limitation pages on any of the subsequent variants. Our guess is 25, maybe 50 of these exist and Jerad just stopped numbering the limitation pages of the other variants. So it appears the only Lovecraft MotWT with a numbered limitation page are these 36.a.i books with yellow cloth slipcases and inset pictorial in front boards. All other variants have red cloth slipcases. 

The second variant is fully produced  in matching brown bonded leather for the front and rear boards of the main and companion volumes. This is the same material as was used for the companion volume of 36.a.i. This material is known to flake easily due to friction in the slipcase. It is rare to find this in mint condition.

For variants iii to v it appears Jerad used different portaits for the main volume and companion volumes. So in total there are 5 variants for the main volume and 4 variants for the companion volume because the latter is the same in variants i and ii

CP website synopsis

Over 1,200 pages of Lovecraft’s best fiction and selected collaborations, with select illustrations. Also includes Supernatural Fiction in Literature, the de facto reference essay on the genre. This volume includes a separate book of H.P. Lovecraft portrait photographs, the largest such collection of pictures ever assembled in one volume. Two volumes in a handsome slipcase.