Harry Potter first edition sells for $471,000

A series of fantasy novels Harry Potter’s first edition was sold for $471,000 in the United States.  The auctioneers declared that it was a world record price for a 2Oth century work of fiction.

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The hardback 1997 British edition of “Harry Potter and the Philosopher’s Stone,” with a colour illustration on the cover, was described by Heritage Auctions as “magical, incredibly bright and so very near pristine.”

According to a news agency’s report, the Dallas-based auction house said only 500 copies with the specific binding were printed. The final price was more than six times the pre-sale estimate of $70,000.

It was further stated that previous auction prices for Harry Potter first editions have ranged from about $110,000 to $138,000.

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“The volume is not only the most expensive book ever sold, but it’s also the most expensive commercially published 20th-century work of fiction ever sold,” Heritage Auctions Executive Vice President Joe Maddalena said in a statement.