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Question:
Collectables in boxes have a higher value (more noticable at Land Auction houses than on-line auctions), and often the boxes have corner splits or tears.

The image is a lid to far gone for worthwhile repair (considering the increased value a 1st class lid adds to the item), but could be strengthened up to look presentable. My problem is not knowing the best way to tackle this- the Lid is about 50years old, selotape would give a botched up look and lose the collectable character of the set. Questi

Answer:
If you are near a metropolitan area, look for a trade bindery or a small bookbinder. Some 50 years ago I was a sales manager for a large trade bindery and we restored many boxes - most were actually slip cases for books, but the principal is the same. You cannot fully restore your particular item because parts of the printed area are missing, but you can restore the lid using hot hide glue and a piece of chipboard. Open the lid and lay it flat over a piece of chipboard and mark the outline of the lid. Then cut the 4 corners out. Next, using a straight edge and the back side of a table knife, score the edges where the folds are to be. Then take the chipboard and your lid to the bookbinder and ask that they run the lid through their glue machine. You don't want to run the chipboard through the glue machine because you do not want glue to show where part of the lid is missing. Carefully align the lid with the chipboard and fold the sides down. From the inside, you can secure the folds by using either clear bookbinder's tape or bookbinder's linen tape.

If you do not want the grey colored chipboard to show, you can glue a colored paper or material to both sides.

You can use wallpaper glue but in time that glue will crack. I have books that are almost 500 years old where the bookcloth was affixed to the board covers with hide glue and there has been no drying or cracking.

It is a simple process, but takes a little time and patience. The finished product will look restored, but that might actually add to its personality.

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