The original edition of Harry Potter and the Philosopher’s Stone is expected to fetch tens of thousands of dollars.

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The original edition of Harry Potter and the Philosopher’s Stone is expected to fetch tens of thousands of dollars.

A first edition copy of HARRY POTTER and the Philosopher’s Stone is expected to fetch tens of thousands of pounds at auction.

JK Rowling was a poor single mother when she first published Harry Potter and the Philosopher’s Stone in 1997. The 55-year-old is now the world’s second-highest-paid novelist, with a fortune of over $700 million derived from her wildly successful books and subsequent licensing and franchises. Given all of this, it’s no surprise that a first edition of Harry Potter’s first book is up for auction at Hansons Auctioneers for roughly £30,000.

Only 500 copies of Harry Potter and the Philosopher’s Stone were printed in the first edition hardcover.

According to Edinburgh Live, the book was given to a 68-year-old retired civil official in 1997.

The owner had no idea how expensive the book would become, and confesses they’re lucky it’s still in decent shape because he nearly dropped it in the bath when his kids were reading it.

“The book was a gift,” he explained. It turns out to be the most precious gift we’ve ever received.”

“In 1997, we were living abroad on a Foreign Office posting,” the salesman added.

“It wasn’t the other side of the planet, but in a country with an obscure language and tenuous historical ties to the United Kingdom, youngsters had few opportunity to find English language books.

“So, when this book arrived from Yorkshire, it was a rare find – a novel-length children’s book with a compelling plot.”

He recalled how Harry Potter and the Philosopher’s Stone had captivated them, as it had millions of others around the world.

“At the time, our son was seven and our daughter was four,” the owner recalled. On vacation, we read it as a family, a chapter at a time, each evening before bed.

“It was the beginnings of a mini-tradition,” says the narrator. Because the Harry Potter books were usually released right before summer vacation, we took one with us for several years and read it together.

“Of course, the kids were eager to read for themselves, and our copy of Harry Potter and the Philosopher’s Stone is well-worn and well-read.”

He went on to describe how the book may be successful. “Brinkwire News in Condensed Form.”

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