‘Harry Potter’ First Edition Sells For Over $70,000

J.K. Rowling’s Harry Potter series is a worldwide phenomenon. So many fans all over the world love the books. The story takes them on a journey to a magical world that they never want to leave.

So perhaps that’s why, at an auction in the U. K., a first edition of the first book in the series sold for a large amount of money. Some wealthy Harry Potter fan out there is about to be very happy. Every fan of the books has their copies, but most didn’t spend that kind of money.

Why was the book sold?

Harry Potter cast at the Deathly Hallows part 2 premiere
Tom Felton, Emma Watson, Daniel Radcliffe, Rupert Grint and Matthew Lewis at the Harry Potter and the Deathly Hallows Part 2 premiere | Dimitrios Kambouris/WireImage

According to the BBC, it was initially being kept by a family in Lancashire, who were going to use it as a family heirloom. However, they decided to sell the book after hearing of one going for £28,500. Most likely they made some fan out there really excited.

The book was initially expected to sell for around £25,000 to £30,000 (about $24,000 to $37,000). However, this is a first edition of Harry Potter we’re talking about. So, of course, things escalated a lot.

How much did the first edition of ‘Harry Potter’ end up selling for in the end?

The book was kept, according to Newsweek, in “pristine condition” and that may explain partially why it ended up selling for £46,000, which is about $57,303. Though the sale prince was £46,000, the buyer will end up paying  £57,040, which is about $71,000, to cover taxes and fees. Some of you may be wondering why anyone would spend so much money on an old book.

Well, it is a lot of money. But Harry Potter is something special. And the book is rare. Apparently, only 500 copies of them were sold as J.K. Rowling was still unknown at the time.

Exactly how well did the book do?

According to Jim Spencer, books expert at Hansons Auctioneers where the book was sold, he and the rest of the auctioneers were “absolutely thrilled the book did so well – it deserved to.” And fans would likely agree with that assessment. Harry Potter is a wonderful story that deserves nothing but good things.

Spencer went on to say that he “couldn’t believe the condition of it – almost like the day it was made. [He] can’t imagine a better copy can be found.” Now Harry Potter fans everywhere are probably jealous of this one lucky person who has such a rare copy of the first book in the series.

According to Spencer, “[the sellers] brought it to [him] in a briefcase, which they unlocked with a secret code. It felt like we were dealing in smuggled diamonds.” Except in this case, they were dealing with something more precious than diamonds: words. And not just any words, magical ones written by J.K. Rowling.

We’re sure the author herself never could have imagined something like this happening all those years ago when she was struggling to make ends meet while writing the first book. It just shows that you never know where life will take you. And for J.K. Rowling, life took her to success beyond her wildest dreams.

Now many Harry Potter fans are probably dreaming of owning a first edition of the beloved series. You never know, there might be some more of them hiding out there in briefcases or on bookshelves. It never hurts to dream, anyway.