You might want to check your bookshelves for old Harry Potter books. Heritage Auctions has an auction of a a softcover copy of the first Harry Potter book that has already hit $15,000 and the auction isn't over until March 6.
The 1997 first edition of Harry Potter and The Philosopher's Stone with the original publisher's illustrated softcover wrapper and an illustrated card signed by the author, J. K. Rowling is one of 200 such copies issued by the London publisher, Bloomsbury. The previous auction record for one of these books was $10,750 according to James Gannon, Director of Rare Books at Heritage Auction Galleries in Dallas. The seller, a book collector in England is quoted in a press release as saying: "It takes a lot to shock me, but this is probably as shocked as I have ever been regarding auction bidding. Has the world gone mad? We are in the deepest recession for 80 years and a Harry Potter children's paperback book is setting a record price."