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Do You Have a First Edition Harry Potter? You Could Be in for $80,000!

And if you do, do you want to sell it?

If you've been a Harry Potter fan since the beginning, you might have a potential cash cow on your hands. Lucky you! Here's how you can find out if you're about to be flush with cash:

 

Jean Ralphio Flush With Cash

Gif via Imgur

 

1. Does your book look like this?

 

Hardcover First Edition of HP&TPS

Image via The Independant

 

2. The publisher must be listed as Bloomsbury at the bottom of the title page.

 

3. The latest date listed in the copyright information must be 1997.

 

4. The print line on the copyright page must read "10 9 8 7 6 5 4 3 2 1".

 

5. There is a mistake on page page 53, ‘1 wand’ appears twice in the list of school supplies Harry receives from Hogwarts. This error was corrected in later print runs.

 

Heritage Auctions in Dallas, Texas recently broke records when they auctioned off an unsigned first edition of Harry Potter and the Philosopher's Stone for $81,250 (£60,186), more than five thousand times the book's original £10.99 price tag.

 

Heritage Auctions sold a signed edition of the same book for $19,000 (£14,000) in 2009, and with only 500 first editions published, the demand for these books is only growing, signed or otherwise.

 

James Gannon, Director of Rare Books at Heritage Auctions, spoke to The Scotsman about the sale.

 

Only 500 or so copies of the first book were printed and of those, 300 are believed to have gone into lending libraries. Usually an exhibited book is less collectible, so there were far fewer of those available to stay in pristine condition. There is a huge group of people searching for one for their collection and it is really a phenomenon rather just a book. It has all the weight of J.K. Rowling's celebrity behind it.

 

Featured image via Harry Potter Wiki.