Harry Potter Chair Up For Auction: Opening Bid? $45,000

Update: It sold to an anonymous bidder for $394,000. The owner, who bought it for $29,000 in 2009 (from the buyer who paid $21,000 when Rowling sold it for charity in 2002), says he will give ten percent of his $365,000 profit to Rowling’s Lumos fund.

“According to the AP, an anonymous buyer made the bid, which far surpassed the seller, Gerald Gray’s, expectations.” In ten years, when the chair sells for more than a Rembrandt or Picasso, maybe the world of art collectors will get what ‘Shared Text’ and Potter Mania mean to Generation Hex.

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