2 HARRY POTTER BOOK AUCTION STORIES

2 HARRY POTTER BOOK AUCTION STORIES

jeanniejeanniejeannie.co.uk BLOG Wednesday 21st October 2020

UK LIBRARY COULD RECLAIM £42,500 HARRY POTTER BOOK SOLD AT AUCTION IN US

A library in the UK could try to reclaim a Harry Potter book it once owned after it was resold at auction for £42,500.

The Harry Potter book was sold for or $55,000 (£42,500)

Portsmouth City Library was home to a first edition Harry Potter and the Philosopher’s Stone book before it ended up in the hands of a seller in California, the BBC reported.

The library service confirmed the book went missing 23 years ago – a month after it was published for the first time – and the book also contained a stamp from August 1997.

It said: “Our records show that this book was originally owned by Portsmouth’s school library service and was one of three first editions we purchased in 1997 when the first Harry Potter story was published.

“In 2004 we sold two copies to raise funds for the library service but the third copy was missing.”

It added: “Now we know the whereabouts of the book… we’re looking into our options and whether we might be able to reclaim the book.”

The book contains a stamp from Portsmouth City Library.

The book, from author JK Rowling, was sold to a buyer in Tennessee for $55,000 (£42,500) which was considerably more than the $20,000 guide price.

It was one of 500 Harry Potter and the Philosopher’s Stone hardback editions that were released in 1997 and they were mostly distributed to libraries and schools.

Heritage Auctions’ public relations director and Harry Potter expert Eric Bradley said: “If the Portsmouth library was interested in getting it back… I think it would set a precedent, because I think it would be the first time a library took a serious case to reclaim a Harry Potter book.

He added if the library service is successful in retrieving the book it could open the floodgates for other library books to be reclaimed.

On 13 October 2020 I did a Blog post about  another first edition of Harry Potter and the Philosopher’s Stone being auctioned on that day and expected to go for £30,000.    READ ALL ABOUT IT HERE!

It was actually sold for £75,000 by an English ex-pat who originally bought it to help his children learn English growing up in Luxembourg.

It had been sat on a bookshelf for 21 years when the owner decided to check and see if it was a rare copy.

      The book was subject to a bidding war during the online sale at Hansons Auctioneers.

   £75,000 was more than double the asking price.

The book, Harry Potter and the Philosopher’s Stone, was being sold by an English ex-pat who originally bought it to help his children learn English growing up in Luxembourg.

It had been sat on a bookshelf for 21 years when the owner decided to check and see if it was a rare copy.

The book was subject to a furious bidding war at Hansons Auctioneers on Tuesday and was finally sold to a private international buyer for a hammer price of £60,000, plus a buyer’s premium, coming to a total price of £75,000.

Auctioneer Charles Hanson declared during the sale: “This is the magic of Harry Potter.”

He described the book as a “Potter golden ticket” and one of the most desirable first editions.

“Wow, amazing result,” he exclaimed at the final price.

Original estimates set the price at £20,000 to £30,000, but it was in such good condition it was expected to sell for more.

Some 500 first edition copies of the book were printed, 300 of which were sent to schools and libraries.

This book is one of the remaining 200, and the fourth to be found by Hansons Auctioneers’ book expert Jim Spencer in a year.

There are various ways to identify a Philosopher’s Stone first issue, published by Bloomsbury in 1997, including duplication of “1 wand” on page 53.

Most importantly, the issue number must read “10 9 8 7 6 5 4 3 2 1”.

The book, which would pave the way for JK Rowling’s Harry Potter to become a global success, arrived at the auction house wrapped in a tea towel.

The vendor, who asked to remain anonymous, said: “I was a big fan of the Potter books when I first read them. There are a lot of ethical and human behaviour discussion points in the books and I had a lot of respect for JKR for producing such a polished and nuanced body of work.

“I sent it to Hansons in a tea towel as a little nod to the Hogwarts house-elves, especially Winky and Dobby.”

The money from the sale will be used by the vendor to pay off his daughter’s student loan and help her apply for a mortgage.

Hansons’ Mr Spencer said: “I’m absolutely thrilled the book achieved such an outstanding price for our vendor.

“I hoped it would make £50,000 but to see it sail past that to reach £60,000 was astonishing.”

He added: “It’s the highest price ever paid at Hansons for a hardback first edition copy of Harry Potter And The Philosopher’s Stone.

“It’s the fourth one I have found. The first one, a former Staffordshire library book bought for £1, made £28,500. The hammer price just keeps on rising.”

 

DON’T FORGET TO LAUGH EVERYDAY

 

INSPIRATIONAL QUOTE FOR THE DAY

“If you don’t get out of the box you’ve been raised in, you won’t understand how much bigger the world is.”

— Angelina Jolie

HAPPINESS IS…

Happiness is… Harry Potter and the Philosopher’s Stone book

GRANDAD’S ONE LINER JOKE OF THE DAY

Yesterday, I changed a light bulb, crossed the street, and walked into a bar. My life is a joke.

LOVE IS…

Love is…taking off for the weekend.

WHAT IS THERE A SEASON FOR TODAY TURN, TURN, TURN …

A time for the red leaves of Autumn…A time for the yellow leaves of Autumn

…And a time for those falling leaves of Autumn.

SOMETHING TO BE POSITIVE ABOUT & GRATEFUL FOR IN THE WORLD

I am so grateful for the creativity of authors such as J K Rowling

SOMETHING TO LAUGH ABOUT

President Trump

Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality.

Assumed office January 20, 2017

VIZ MAGAZINE TOP TIPS

Don’t buy expensive coasters – just varnish some digestive biscuits.

TOTAL STAIRWAY TO EVEREST CLIMB CHALLENGE

Tuesday 20/10/2020 DAY 199 – 12 Times – 120 Feet  Cum Total – 23,880 Feet – (Goal 29,035 Ft)

 

 

 

 

 

 

 

 

 

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