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Amazon.com Buys Beedle the Bard for $3.98 Million

Charity
Posted by: Melissa
December 13, 2007, 11:17 PM

UPDATE: It has now been revealed that Amazon.com bought this book, and will be adding pictures and reviews of each of the fairy tales soon. The permanent link will eventually redirect to http://www.amazon.com/beedlebard. The note already contains several high-quality pictures and a video reading the note from JK Rowling inside the cover, and reveals that the book is 157 handwritten pages. Amazon.com editors are now taking questions about the tales on the site's discussion boards. Amazon has said it won't be publishing the book unless JK Rowling decides to do so, but it will be taking the book on tour to schools and libraries so children can see it themselves. (This was posted in their message boards.)

Our previous article of today's events is below:

The auction for The Tales of Beedle the Bard, JK Rowling's original, handwritten book of wizarding fairy tales, just happened at Sotheby's in London, and the lucky winner walked away with the item for the bargain price of 1,950,000 pounds, or nearly $4 million.

In a Sotheby's release, the auction house said that this is the highest price ever paid at auction for a work by JK Rowling and indeed for any children’s book - it is also the highest price ever paid at auction for any modern literary manuscript. It was a highly contested match between six bidders; the winner was a representative of London fine art dealer Hazlitt Gooden & Fox.

J.K. Rowling said of the sale, "I am stunned and ecstatic. This will mean so much to children in desperate need of help. It means Christmas has come early for me.”

The copy was one of seven handwritten editions and the only one to be made available for sale publicly. The other six have gone to six people instrumental to Harry since his inception. The leatherbound, handwritten tome was encrusted moonstones, as would be representative of "mothers, lovers and the power of dreams." All proceeds will benefit The Children's Voice Campaign charity, instituted by J.K. Rowling, which goes to help aid children who most need an advocate in the world.

In the release, Dr. Philip Errington, Deputy Director, Sotheby’s Books and Manuscripts department said: “Sotheby’s has been thrilled to work with JK Rowling and The Children’s Voice in selling this wonderful manuscript. This is one of the most exciting pieces of children’s literature to have passed through Sotheby’s. We have to reach back 80 years to find a comparison when we sold the manuscript of Alice’s Adventures in Wonderland on behalf of the original Alice.”

In addition a set of signed Comic Relief books went for 1,125 GBP, and an original drawing of the main Harry Potter characters was sold for 34,100 GBP (or three times what was expected).

Also, a Reuters video from the reception, with glimpses of Evanna Lynch and Bonnie Wright in the crowd, may be seen here.

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150 Comments

Mistral

I wholly agree with you Confederate Lady :) this is so terrific! Apart from being happy for “Children’s Voice” I am so thrilled for Jo – for having such a brilliant idea with the writing of “Beedle the Bard” and giving it up to auction! Cheers for Jo! Also thanks a lot Melissa – for your quick update – you knew we wanted to know as soon as possible ;)

Posted by Mistral on December 13, 2007, 02:51 PM report to moderator
MM

The news says the buyer was Hazlitt, Gooden & Fox, who are art dealers and also represent private buyers, so whoever won the book obviously wants to remain private.

Posted by MM on December 13, 2007, 03:08 PM report to moderator
roonwit

1950000 is the price. The pre-publicity said that no buyers premium would be charged. 3,400,000 is what was raised in the whole auction (including a drawing by JKR and a few other Potter-related lots.

Posted by roonwit on December 13, 2007, 03:14 PM report to moderator
aislingyngaio

There is no buyer’s premium on the sale of this lot, so the price is actually just £1.95mil. I’ve blogged about my experience of the auction: http://aislingyngaio.blogspot.com/2007/12/tales-of-beedle-bard-auction.html

Posted by aislingyngaio on December 13, 2007, 03:14 PM report to moderator
Accio_HP7

There is one lucky man/woman whoever was able to buy that book. And great news for the Children´s Voice charity.

Posted by Accio_HP7 on December 13, 2007, 03:26 PM report to moderator
roonwit

Sotheby’s have a press release (pdf) at http://investor.shareholder.com/common/download/download.cfm?CompanyID=BID&FileID=151354&FileKey=4e317a93-b0ee-4e42-81fb-146953f0d006&filename=151354.pdf (or go to their front page and click on press releases).

Posted by roonwit on December 13, 2007, 03:26 PM report to moderator
Helyx Helyx

I think this is such fantastic news for the Childrens Voice Charity! Sotheby’s did a great PR job and presentation of The Tales of Beedle the Bard. It goes to show that J.K.Rowlings heart is in the right place.

Posted by Helyx Helyx on December 13, 2007, 03:33 PM report to moderator
Cantado

Whoever is the lucky duck who acquired it, you are the envy of us all!

Posted by Cantado on December 13, 2007, 03:34 PM report to moderator
Keshia

Has Jo ever said who were the six people that received copies of the Tales?

Posted by Keshia on December 13, 2007, 03:43 PM report to moderator
mollywobble

Wow this is really cool. Talk about a HUGE dontation for such an awesome charity. If you think about it, this is a pretty good investment to whomever bought it. Just think about all of the millions of people who enjoy the series who may one day become collectors themselves. The value of the book should only go up I would think.

Posted by mollywobble on December 13, 2007, 03:45 PM report to moderator
crom

Thats amazing. I wonder how tempted the other people with the book are. Though if jo was smart and she is they would have signed a contract probebly. That way its protecting the buyer.

Posted by crom on December 13, 2007, 03:52 PM report to moderator
ImHermione1027

So I wonder what the private buyer will do with “The Tales.” This leads me to ask my fellow commentors a question once phrased so eloquently by the Barenaked Ladies, “if you had a million dollars..” ok in this case a few million, and won the auction as a private bidder through Hazlitt, Gooden & Fox, what would you do with “The Tales of Beedle the Bard”?

I think that I would display it for everyone to come and see, probably charge a minimal fee of some kind ($5 for example) and then donate all the proceeds to The Children’s Voice..why not keep the generosity of Potter fans everywhere going to those who need it most?

Posted by ImHermione1027 on December 13, 2007, 03:55 PM report to moderator
Lizzzzzzz

Gosh..

i wish i was rich..

:(

Posted by Lizzzzzzz on December 13, 2007, 04:01 PM report to moderator
Beth

Wow…. that’s awesome!

Dawn…. I’d be very interested in where you got your figures about the the Quidditch/Fantastical Beasts books. I tried to find sales figures for those books, but couldnt. I would be very (pleasantly) surprised if they raised that much.

As a side note, part of the point of this book is that there are only 7 copies, and that they are hand written. The six books went to friends as a thank you for all their support over the Harry years. To mass-produce the book would have taken away from the gift she gave those friends. She didnt have to do this at all. She could have just written the 6 copies for those friends (or thought up a 7th friend, to keep that magical number, LOL), but instead, she made that extra copy for charity. I think it’s fantastic.

Posted by Beth on December 13, 2007, 04:17 PM report to moderator
eva Hedwig

I am happy for her to get so much money for the charity found.

But I am sure that if she had made a nice little book for general sale for all of us, she would have made more benefit money and would have made happy millions of readers instead of a few ones who had the money to buy it.

I am very angry and frustrated, if Jo says all the time she loves her fans, mustn`t be so much after all

Posted by eva Hedwig on December 13, 2007, 04:24 PM report to moderator
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