Bargain Hunt expert unveils huge valuation of Harry Potter book bought for £1

Bargain Hunt: Harry Potter book valued at over £20,000

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Before JK Rowling’s Harry Potter books became what they are now, some of the very early editions sold for cheap but are now worth thousands. BBC’s Bargain Hunt showed one of these original copies selling for almost £29,000. Charles Hanson explained the signs people should look out for if they have an old copy of the book, to see they themselves could be sitting on thousands.

Presenter Natasha Raskin Sharp explained: “I have to confess, I’m a bit of a bookworm.

“Hardbacks, paperbacks, magazines, my house is simply full of things to read.

“But sadly, as an investment, most books aren’t worth the paper they’re written on. But if you’re lucky, you might spot one that is worth a small fortune.

“For example this spellbinding discovery – a first edition Harry Potter book – is about to go under the hammer with a staggering estimate of £20-30,000.

“And the auctioneer who will be holding that sale just so happens to be our very own Charles Hanson.”

She asked Charles: “Surely a victim of its own success, almost every house up and down the country has one of these. so why on earth are you expecting it to sell for a five-figure sum?”

“This sort of book can be easily missed in a house because it’s new,” he explained.

“It’s 1997. But it’s the first novel written by JK Rowling, but more than that, when we found this book, which our client had bought from a table-top sale, and if you open it up you’ll see it’s a hardback, one of only 500, printed by Bloomsbury in 1997 and 300 went to libraries.”

He described what potential owners of this edition of the book should look out for.

“There’s obviously tell-tale signs that confirm to us it’s a first edition. You’ve got for example the Staffordshire Library’s archive label here, you’ve also got this all important issue number here.

“And also, it says in the text there ‘written by Joanne Rowling’, who was she? She’s JK to us now.

“The other tell-tale signs are on the back. The word ‘philosopher’ is spelt incorrectly.

“Finally, on page 53, you’ve got the equipment for a certain spell, and the word ‘wand’ is mentioned twice.

“It was just obviously duplicated in error. So even now, the soft-back publications of the first editions are fetching thousands.

“But this is hardback, one of only 500, and it’s so important in that great history of Harry Potter.”

Natasha asked the question on all viewers’ minds: “Tell me, if you can, does she remember what she paid for it?”

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