First edition of “Harry Potter” sells for a record price of US $ 471,000 – Books
Jill Serjeant (Reuters)
Los Angeles, United States ●
Sat 11 December 2021
A first edition of “Harry Potter” sold for US $ 471,000 on Thursday in the United States, which the auctioneers said was a world record price for a work of 20th century fiction.
The 1997 UK hardcover edition of “Harry Potter and the Philosopher’s Stone”, with color illustration on the cover, has been described by Heritage Auctions as “magical, amazingly bright and almost pristine”.
The book was published in the United States under the title “Harry Potter and the Sorcerer’s Stone”.
The Dallas-based auction house said only 500 copies with the specific binding were printed. The final price was more than six times the presale estimate of US $ 70,000.
Previous auction prices for the first Harry Potter editions ranged from around US $ 110,000 to US $ 138,000.
“Not only is it the most expensive Harry Potter book ever to sell, it’s also the most expensive commercially published 20th century work of fiction ever to sell,” said Executive Vice President of Heritage Auctions, Joe Maddalena, in a statement.
The book was sold by an American collector and the name of the purchaser has not been disclosed.
British author JK Rowling went on to write six more books on the Adventures of the Orphan Wizard which have sold some 500 million copies worldwide in 80 languages, according to US publisher Scholastic. The books were turned into eight films which grossed $ 7.8 billion at the global box office. (Reporting by Jill Serjeant; Editing by Lisa Shumaker)