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Dad Stunned To Discover Harry Potter Book Could Be Worth £50,000

Dad Stunned To Discover Harry Potter Book Could Be Worth £50,000

A dad was stunned to discover the Harry Potter book he bought 21 years ago could fetch him up to £50,000 ($64,252).

The retired British expat originally purchased Harry Potter and the Philosopher's Stone to help teach his children English after moving to Luxembourg. What he didn't know at the time was that he'd got his hands on a 'seriously scarce' first edition, of which only 500 were ever printed.

Surely even the philosopher's stone itself couldn't fetch 50k? Credit: SWNS
Surely even the philosopher's stone itself couldn't fetch 50k? Credit: SWNS

The book is going up for auction with Hansons Auctioneers on 13 October and is expected to bring in between £20,000 ($25,694) and £30,000 ($38,542) - though that number could climb as high as £50,000 due to its good condition.

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The lucky dad, who wishes to remain anonymous (that's not him holding the book above, that's Jim Spencer, a book expert at Hansons Auctioneers), said: "It's just been sitting on a shelf ever since with the rest of the Harry Potter books, with no special care.

"It's actually been read only once with the date recorded in the back of the book. One of the children stuck Harry Potter pictures in the book when the first film came out.

"I did not think mine would be valuable as it was certainly not purchased when first published. I was very surprised and shocked to see that it did in fact tick all the boxes, but still could not quite believe it until I checked with Hansons.

"I have decided to sell now as I would like to pay off my daughter's student loan for her, which will give her a good credit history and help her to apply for a mortgage."

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Good credit history, eh? The most magical of gifts from the wizarding world of Harry Potter.

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But before you go running to your bookshelf to find your old Hazza Pozza books in the hope that one will bring you the blessing of a good credit score, I should point out that it almost definitely won't.

Of the 500 that exist, 300 were given to schools and libraries, so you can half your already slim odds.

The book is the 'holy grail' for collectors. Credit: SWNS
The book is the 'holy grail' for collectors. Credit: SWNS
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There are a few ways to tell though if it is the genuine article. One clue is the duplication of the phrase '1 wand' on page 53. Other tell-tale signs include the word 'philosopher' being misspelt on the back cover and the author's name appearing as Joanne Rowling on the inside page... It's basically just full of mistakes, and yet you can get a copy without these errors on Amazon for less than a fiver.

The issue number must also read, '10 9 8 7 6 5 4 3 2 1' - so look out for that too.

Our friend Jim from Hansons (who actually looks a bit like Harry Potter, doesn't he?) said: "True first issues are seriously scarce. It's a cliched phrase, but they really are the holy grail for collectors.

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"I still receive countless calls and emails every day from people who think they may have the first edition, mostly nothing of note, but I stay hungry and keep searching.

"This new copy deserves to do really well because it's in astonishingly good condition. I would love to see it make £50,000."

Featured Image Credit: SWNS

Topics: Harry Potter, Interesting

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Jake Massey

Jake Massey is a journalist at LADbible. He graduated from Newcastle University, where he learnt a bit about media and a lot about living without heating. After spending a few years in Australia and New Zealand, Jake secured a role at an obscure radio station in Norwich, inadvertently becoming a real-life Alan Partridge in the process. From there, Jake became a reporter at the Eastern Daily Press. Jake enjoys playing football, listening to music and writing about himself in the third person.