Rare Harry Potter book sells for over £10,000

The rediscovery of this valuable edition by the family who bought the book brought both excitement and a sense of nostalgia.

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A battered copy of Harry Potter and the Philosopher's Stone, purchased for a mere 30p, has been sold at auction for an astonishing £10,500. This seemingly ordinary book, withdrawn from a library due to its tattered condition, turned out to be an exceptionally rare first edition. Among the limited 500 copies published by Bloomsbury in 1997, only 300 were distributed to libraries across the UK, making it a highly sought-after collector's item.

Photo: The rare first edition 1996 Bloomsbury publication of ‘Harry Potter and the Philosopher’s Stone', which was purchased from a library for pennies
Source: Th Independent 

The shrewd buyer recognized the book's value when Wolverhampton Library deemed it unsuitable for lending and decided to sell it for a nominal amount. Initially estimated to be worth between £3,000 and £5,000, the book garnered intense bidding at Richard Winterton Auctioneers' Antiques, ultimately fetching an impressive £10,500.

Retaining its library identification, spine sticker with the letter J, withdrawal stamp, and original 30p selling price, this well-read copy captures the essence of the early Harry Potter phenomenon. The previous owner, an avid collector who sadly passed away earlier this year, had kept the book stored away, believing it was lost amidst his extensive collection. The rediscovery of this valuable edition by the man's family brought both excitement and a sense of nostalgia.

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