The Harry Potter economy is alive and well. A softcover copy of the first Harry Potter book sold for a record $19,120 in a rare books auction through Heritage Auction Galleries in Dallas Texas
on Friday. The 1997 first edition of Harry Potter and The Philosopher's Stone with the original publisher's illustrated softcover wrappers also featured an illustrated card signed by the author, J. K. Rowling. There were only 200 copies in the first printing and the winning bid this time was nearly double the previous record for this book set last October ($10,750). The winning bidder is from Dubai and is said to be a comic book collector whose wife is a Harry Potter fan.