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Your Money: TREASURE HUNTERS; FOCUS ON ROWLING RECORD BREAKER.

Byline: JAMES BREESE

Instant Expert

ONE of just seven copies of a new book by JK Rowling - The Tales of Beedle The Bard - was sold at Sotheby's for a truly magical figure. It was handwritten and illustrated by Rowling and attracted interest from all over the world.

Basics

THE book containing five tales was bound in morocco leather and embellished on the upper cover by Edinburgh silversmiths Hamilton and Inches. Sotheby's said they had to go back 80 years to find as exciting a piece of children's literature, when it sold the manuscript of Alice's Adventures In Wonderland on behalf of the original Alice.

How much?

THE pre-sale estimate was pounds 30,000 to pounds 50,000. On December 13 six bidders battled to secure it. It was finally sold to a representative of a London fine art dealer for pounds 1,950,000. The price is the highest-ever achieved at auction for a modern literary manuscript, an auction record for a book by JK Rowling, and also a record for a children's book sold anywhere in the world.

A Special Cause

PROCEEDS from the sale will go to The Children's Voice, a campaign run by the Children's High Level Group, the charity JK helped set up to make life better for vulnerable children across Europe.
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Title Annotation:Business
Publication:Sunday Mirror (London, England)
Date:Dec 23, 2007
Words:216
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