Harry Potter First Edition auctioned for $40,000

Although J.K. Rowling’s 7th and final book is out, the 1st copy of her first Harry Potter novel was sold at auction for almost $41,000 last week. The copy of the hardback first edition of “Harry Potter and the Philosopher’s Stone,” published in 1997 and signed “Joanne Rowling” on the back of the title page, was sold to an anonymous private bidder for $40,326 at Christie’s auction house. The concluding episode in Harry’s adventures, “Harry Potter and the Deathly Hallows,” was published in July. All in all, the seven books have sold nearly 400 million copies and have been translated into 64 languages.

At a London auction in May, a copy of “Philosopher’s Stone” inscribed with a personal dedication to the owner sold for more than $55,000, including buyer’s premium. The book was published by Bloomsbury PLC with an initial print run of about 500 copies. Many were purchased by libraries, making copies in good condition extremely rare. It was published in the United States in 1998 as “Harry Potter and the Sorcerer’s Stone,” and the boy wizard soon became a publishing phenomenon.