Sunday, February 23, 2025

Magic Sale! Harry Potter’s First Edition Cover Art Sells for a Spellbinding $1.9 Million

Yonhap News

The original illustration for the cover of Harry Potter and the Philosopher’s Stone, the first book in author J.K. Rowling’s famous series, is making headlines as it has sold for a record-breaking $1.9 million in the latest auction.

According to the BBC on the 27th (local time), the watercolor cover art that was drawn by British author and illustrator Thomas Taylor in 1997, was auctioned off for $1.9 million at Sotheby’s in New York on Wednesday. It sold for more than three times the estimated price, becoming the most expensive Potter-related item ever sold at an auction.

According to Sotheby’s, the then 23-year-old Taylor created the artwork at the request of a publishing company. It only took the author, who was working at a bookstore, two days to complete it.

The image, measuring 15.8×11.1 inches, features young Harry Potter with his unmistakably dark brown hair, round glasses, and lightning bolt scar on his forehead, awaiting a ride at Platform 9¾ for his first trip to the Hogwarts School of Witchcraft and Wizardry.

The cover illustration first appeared for auction at Sotheby’s London in 2001, when only four of the seven books in the series had been published. At the time, it sold for £85,750 ($108,671). Its price has skyrocketed more than 17 times in 23 years, since.

In the latest auction that lasted seven minutes in New York, bids for Taylor’s cover art reportedly jumped in increments of $50,000. The identity of the final bidder has not been disclosed.

“This illustration marks the first visual representation of Harry Potter and the magical world,” said Dr. Kalika Sands of Sotheby’s.

The record auction price for an item related to the book series was previously held by an unsigned first edition of Harry Potter and the Philosopher’s Stone, which sold for $421,000 at Heritage Auctions in Dallas, Texas in 2021.

Hot this week

Japan Marks 30 Years Since Tokyo Subway Sarin Attack with New Website to Educate Youth

Japan plans a website to mark the 30th anniversary of the Aum Shinrikyo sarin attack, educating youth about its impact and legacy.

Meta Shares Plunge, Ending Record-Setting 17-Day Run

Meta Platforms' stock fell sharply, ending a 20-day winning streak and erasing recent gains amid profit-taking and market decline.

S&P 500 Hits New High, But Tech Giants Face Struggles in the Market

The NYSE saw a broad rally with the S&P 500 reaching a new high, while M7 tech stocks struggled, notably Meta's decline.

Why Using Cotton Swabs in Your Ears is Dangerous, According to Health Experts

Experts warn against using cotton swabs to clean ears, as it can worsen earwax buildup and potentially lead to tinnitus.

Trump Media Group Posts Losses as Truth Social Faces Declining Revenue

TMTG, Trump's media company, reported losses despite stock rise; Truth Social's revenue fell, citing legal costs and ad agreement changes.

Topics

Japan Marks 30 Years Since Tokyo Subway Sarin Attack with New Website to Educate Youth

Japan plans a website to mark the 30th anniversary of the Aum Shinrikyo sarin attack, educating youth about its impact and legacy.

Meta Shares Plunge, Ending Record-Setting 17-Day Run

Meta Platforms' stock fell sharply, ending a 20-day winning streak and erasing recent gains amid profit-taking and market decline.

S&P 500 Hits New High, But Tech Giants Face Struggles in the Market

The NYSE saw a broad rally with the S&P 500 reaching a new high, while M7 tech stocks struggled, notably Meta's decline.

Why Using Cotton Swabs in Your Ears is Dangerous, According to Health Experts

Experts warn against using cotton swabs to clean ears, as it can worsen earwax buildup and potentially lead to tinnitus.

Trump Media Group Posts Losses as Truth Social Faces Declining Revenue

TMTG, Trump's media company, reported losses despite stock rise; Truth Social's revenue fell, citing legal costs and ad agreement changes.

Fed’s Waller Downplays Inflation Risks from Trump Tariffs, Dismisses Rate Cut Concerns

Waller downplays tariff inflation risks, suggesting limited impact on Fed policy as rates remain stable amid economic growth.

Sleeping in Dirty Socks? Study Reveals It’s Worse Than You Think

Wearing dirty socks to bed can harm health; clean socks improve sleep quality and hygiene practices are recommended.

Egg Prices Skyrocket as U.S. Faces Backlash Over Avian Flu Response Cuts

Avian influenza causes egg prices to soar in the U.S., while the Trump administration faces backlash for layoffs in response personnel.

Related Articles