Harry Potter first edition sells for $ 471,000

A copy of the first edition of Harry Potter and the Philosopher’s Stone, the first book by JK Rowling Harry potter series, sold at auction for $ 471,000. Last Thursday, Heritage Auctions in Dallas, TX sold the book which was one of the first 500 hardcover copies of the novel published by Bloomsbury in 1997. Auction for the copy opened at $ 75,000. According to Heritage Auctions director Joe Maddalena, the print is the most expensive first edition of Harry Potter ever sold, but the most expensive published 20th century work of fiction.

“This is the most expensive commercially published 20th-century work of fiction to ever sell,” Joe Maddalena, executive vice president of Heritage Auctions, said in a statement (via CNET). “This result shows the power of this combination of literature and film.”

More copies of the same set of books sold earlier this year for around $ 138,000. The final price of this particular book would have been the result of a “passionate bidding round”. The sale of the book was part of the Heritage Auction rare book auction, which included nearly 70 early editions sold in a single collectors library. The books in the auction represented literary works that were all adapted into films, including JRR Tolkien The Lord of the Rings trilogy, a copy of which sold for $ 103,125 at auction, a set of CS Lewis ‘seven books’ Chronicles of Narnia which sold for $ 100,000, Jane Austen Sense and sensitivity which sold for $ 37,500 and Pride and Prejudice which sold for $ 60,000, as well as a signed first edition of Harper Lee’s To Kill a mockingbird which sold for $ 35,000, to name a few.

First published in the UK in June 1997 – it would not be published in the US until over a year later, in September 1998, where it was published under the title Harry potter and the sorcerer’s stone – the book quickly gained popularity, with the series eventually growing to seven novels and spawning a huge media franchise, including a series of films, video games, theme park attractions, a Broadway show, and more. The series remains popular with readers and fans around the world, especially with the 20th anniversary of the release of the first Harry potter film celebrated this year.

What do you think of the amount of this first edition Harry potter novel up for auction? Let us know in the comments.

Photo: Peter Macdiarmid / Getty Images

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