Taking a break from looking around for self publishing opportunities, history was just made when handwritten and illustrated by J.K. Rowling sold for £1.95 million at auction on Thursday. According to The Wall Street Journal, the buyer, London art agent Hazlitt, Gooden and Fox, now has one of only seven copies of "The Tales of Beedle the Bard," which is leather bound with silver mounts. The book (which previously featured as a fictional plot device in the last of Ms. Rowling's Harry Potter novels) had originally been expected to sell for about £50,000.
The standing-room-only crowd at Sotheby's auction house applauded as bidding topped the £1 million mark. The money will benefit The Children's Voice, a charity co-founded in 2005 by Ms. Rowling and Baroness Nicholson, a member of Britain's House of Lords.
For pictures and more detail on the purchase, here's link to a blog entry that describes it in full detail Tales of Beedle the Bard By JK Rowling Purchased by Amazon At $4M