Books & Art

Rare Harry Potter Book Found in Dumpster Sells for P2 Million

An intense auction battle for the book ensued.
IMAGE Hansons Auctioneers

A rare first edition hardbound of Harry Potter and the Philosopher’s Stone was found in a dumpster and sold for 33,000 British pounds, which is a little more than P2,000,000 at an auction based in Derbyshire, England.

According to the BBC, a teacher found the books in a dumpster outside school while cleaning up its library.

The exceedingly rare book only had 500 printed copies when it was first released in 1997, but fewer copies now exist in the world. The book was discovered by a teacher 12 years ago, along with two paperback first editions. Jim Spencer, a book expert, described the first edition hardbound as “the Holy Grail” for collectors.

Generally, all first editions of the Philosopher’s Stone are highly prized collector’s items, with copies selling for very high prices. Even the paperbacks, which are not in mint condition when they were found by the teacher, fetched for 3,400 and 3,000 pounds each, which is P18,000 to P21,000.

Hansons Auctioneers, the company who handled the auction for the Harry Potter books, revealed there was “a tense auction battle” that ensued when the book went under the gavel.

“It was marvelous to see the Harry Potter books do so well and spark such intense bidding,” said the anonymous seller.

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Mario Alvaro Limos
Features Editor, Esquire Philippines
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