Harry Potter first edition could top $25,000 at Bonhams
A highly rare first edition copy of Harry Potter and the Philosopher's Stone could bring more than $25,000 in a Bonhams auction later this year.
Just 500 copies of the book were published in its initial run, with an estimated 300 of those sent out to libraries across the U.K.
These genuine first edition copies feature a well-known misprint, in which a list of equipment needed by all Hogwarts students features the entry "1 wand" twice.
They also feature a depiction of a young unnamed wizard on the back cover, which was later replaced with an illustration of the much older Dumbledore instead.
Today most known copies are worn and well-thumbed, having spent years in the hands of children, and feature library stamps within their covers. However, such is iconic nature of Rowling's debut that even these less-than-perfect copies have been known to fetch more than $30,000 at auction.
According to Bonhams, the copy set to sell in London is in superb condition, and will be offered with an estimate of £15,000 - £20,000 ($19,430 - $25,900).
However, judging on previous prices for copies in good condition, the book could possibly double that estimate before the hammer goes down.
"As the first book in the series, Harry Potter and the Philosopher's Stone has a special place in the affections of the millions of readers across the world and the proof reading error about the wand in the first edition has, of course, become a treasured piece of Harry Potter arcana," said Matthew Haley, Bonhams Head of Books and Manuscripts.
"Like most enduring books aimed at younger readers, the Harry Potter books also have wide appeal to adults and there is a strong market among collectors for first editions. This copy is in excellent condition one of the very best I've seen and we're expecting a lot of interest."
The Bonhams Fine Books and Manuscripts sale takes place in London on November 9.
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