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Buyer of Harry Potter Prequel Seeks to Use Item for More Charity Fundraising

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Posted by: Sue
June 11, 2008, 11:47 AM

The buyer of the new Harry Potter prequel, which you can read online via this link to Waterstone’s or this new link, says he purchased the special note card donated by J.K. Rowling in hopes that he will be able to do more for charity. Bloomberg.com reports the new owner of the Harry Potter prequel note card sold last night at a charity auction in London, England, is Hira Digpal, president of a Tokyo-based investment-banking consulting company, Red-33. The article notes that the new owner “who originally had a closed bid of 50,000 pounds before halving his offer, said he faxed a letter to Rowling’s publisher asking for the author’s cooperation to use the story in a way that would raise more money for charity. He declined to give details of the proposal. “Here I am, owning a piece of literary history,’’ said Digpal in a phone interview from Tokyo. “I think I got a bargain. Hopefully, we can raise much more than the sale.’‘

As we’ve reported several times previously, this note card featuring a short story involving Sirius Black and James Potter 3 years before Harry was born, along with the 12 other cards from various authors such as Tom Stoppard, Neil Gaiman, Margaret Atwood among others will be published on August 7 by Waterstones, with proceeds to benefit English Pen and Dyslexia Action in the UK. At this time we do not know what other efforts may be made with the card for charity, however pre-orders for the book containing the Harry Potter prequel card are available via this link.

Last night proved to be an exciting time for the auction. Bloomberg continues to describe how Mr. Digpal ended up winning the card, saying “Digpal’s bid topped the offer of one of the crowd of 100 guests who attended the event, conducted by Sotheby’s auctioneer Edward Rising at Waterstone’s branch in Piccadilly. The Rowling lot attracted interest from only one bidder in the room. “I told them, if it gets past my limit, call me—wake me up,’’ said Digpal, 36, a Briton who received the news that he’d won at 5:27 a.m. “I was thinking of buying stocks, but the market’s been very volatile. It’s a good investment for when I kick the bucket in 30, 40, 50 years’ time.’’ ...

Asked why the auction had been an invitation-only event, without participation from the general public, Johnson said: ``We felt this was the best way to do it. This was a charity auction. It wasn’t exclusively about making money.’‘

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59 Comments

Jess

it’s great he donated that much to charity. Good for us to because now we have a prequel.

Posted by Jess on June 11, 2008, 11:52 AM report to moderator
Confederate Lady

The charity JKR elicits, with Harry, knows no bounds! Her creation has been a boon, to those less fortunate, once again! How wonderful that her charitable spirit has taken hold, around the world. JKR’s ‘Harry Potter’ series is a “marvelous work and a wonder”....and so is she!

Posted by Confederate Lady on June 11, 2008, 12:06 PM report to moderator
Jessica

So how much did digpal pay for it? $50, 000 Pounds?

Posted by Jessica on June 11, 2008, 12:14 PM report to moderator
emmy

I think it’s a bit of a pity that it’s not bought by a Harry Potter fan, but an investment guy who just sees it as a safer bet than stocks…

Posted by emmy on June 11, 2008, 12:18 PM report to moderator
ERIC SHREET

25,000 POUNDS PAID

Posted by ERIC SHREET on June 11, 2008, 12:22 PM report to moderator
Professor Potter

Just as most of us thought that this would have fetched a higher bid, even the bidder admits this was a bargain. I hope the bidder holds to his word in making more for charity. Its easy to become rather wary of an investment banker’s motives though! But lets be fair, Its his right to do anything he likes with it (I assume it is still a copyright belonging to JKR so he cant publish it) . Absolutely nothing wrong with that and good for him. But I wish Waterstones did narrow the bid to those attending personally to the auction as that would the bidders have more passionate for the item. Then again, that would probably mean it fetching an even lower price so in the end may be “all is well” ;)

Posted by Professor Potter on June 11, 2008, 12:36 PM report to moderator
secunda

here we see again: only one in a hundred interested in HP and only for money making. That´s the summing up of the HP-phenomena.

Posted by secunda on June 11, 2008, 01:10 PM report to moderator
secunda

well, read it dears it´s horribly boring!

Posted by secunda on June 11, 2008, 01:22 PM report to moderator
Pumpkin Juice

Just read the notcard and though it was pretty good. Hopefully JKR will in a year or two sit down and write a real prequel.

Posted by Pumpkin Juice on June 11, 2008, 01:39 PM report to moderator
Phoenix1946

I just read the typed version on another fansite.(Couldn’t make out Jo Rowling’s writing) Very enjoyable reading. The only thing is . . . it’s about 500 pages short of a book. Still a good read.

Posted by Phoenix1946 on June 11, 2008, 02:09 PM report to moderator
emmy

And there I am, making all that effort to type it out in the comments of the previous article… :’-(

Posted by emmy on June 11, 2008, 02:10 PM report to moderator
Debbie

That was fun! And good. I hope she thinks about a prequel with them in the future as well. That’s got me itching for more on Sirius and James. Thanks anyway Jo! More Harry story. :)

Posted by Debbie on June 11, 2008, 02:18 PM report to moderator
Thio

I read your version, emmy!! Don’t be sad!! Your effort wasn’t wasted!! \o/

Posted by Thio on June 11, 2008, 02:25 PM report to moderator
emmy

Aww, Thio, I like you SO much more than Phoenix1946 now..!! Shucks…

(Ph46, jokey ;-) )

Posted by emmy on June 11, 2008, 02:30 PM report to moderator
Tim

JK clearly has no intentions of writing a prequel, I’m devastated, but that’s her prerogative. On the other hand, there is a plethora of fanfiction out there. I’d like to see JK pick her favourites, have them vetted for continuity and published as official.

Posted by Tim on June 11, 2008, 02:34 PM report to moderator
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