‘Harry Potter’ first edition sells for smashing $471,000

A first edition of “Harry Potter” sold for $ 471,000 in the United States on Thursday, which the auctioneers said was a world record price for a fictional 20th century work. The 1997 British hardcover edition of Harry Potter and the Philosopher’s Stone, with a color illustration on the cover, has been described by Heritage Auctions as “magical, incredibly bright and almost flawless”.

The book was published in the US as Harry Potter and the Philosopher’s Stone.

The Dallas-based auction house said only 500 copies were printed with the specific binding. The final price was more than six times the pre-sale estimate of $ 70,000. Previous auction prices for Harry Potter first editions ranged from $ 110,000 to $ 138,000.

“Not only is it the most expensive Harry Potter book ever sold, it’s also the most expensive commercially published fiction work ever sold,” said Joe Maddalena, executive vice president of Heritage Auctions, in a statement.

The book was sold by an American collector and the buyer’s name was not published. The British author JK Rowling wrote six other books about the adventures of the orphaned boy wizard, which are reported to have sold around 500 million copies worldwide in 80 languages
US publisher Scholastic. The books grew to be eight films that grossed $ 7.8 billion at box offices around the world.

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