On Thursday (13Oct16) Dylan became the first person ever to win the prestigious award for songwriting. It is given to an individual each year by judges at the Swedish Academy to honour their literary achievement.

The accolade has also delivered a major increase in sales of the celebrated musician’s other works, with the first volume of his planned three part memoir Chronicles: Volume One rising from number 15,690 to 278 on online retailer Amazon's bestseller list.

According to the Associated Press, the demand for the tome meant Amazon sold out of copies by the end of Thursday.

A compilation of the Mr. Tambourine Man's lyrics, The Lyrics: 1961-2012, experienced an even more dramatic rise up the retailer's chart, climbing from number 73,543 to 209.

When announcing Dylan as the recipient of the Nobel Prize, Professor Sara Danius, Permanent Secretary of the Swedish Academy, compared the rocker's lyrics to those of Ancient Greek poets.

"If you look far back, 5000 years, you discover (Ancient Greek poets) Homer and Sappho. They wrote poetic texts which were meant to be performed, and it's the same way for Bob Dylan," she said.

The musician had little time to take in the honour though, as on Thursday night he appeared on stage at The Chelsea theatre at The Cosmopolitan, Las Vegas.

Despite his win making headline news around the world, Dylan made no mention of his Nobel triumph during his set, which he closed with a cover of Frank Sinatra’s Why Try To Change Me Now.

Previous winners of the Nobel Prize for Literature include Doris Lessing, Gabriel Garcia Marquez and Ernest Hemingway.