Sotheby's said the result exceeded expectations to become "the most valuable Harry Potter item ever sold at auction".
The artwork becomes "the most valuable Harry Potter item ever sold at auction," auction house Sotheby's said in a statement. After submitting his portfolio to Bloomsbury, publisher Barry Cunningham tapped him to paint the image for JK Rowling's book, which was to be released in London in June.As it was his first professional commission, Mr Taylor told The New York Times he was paid "500 British pounds" at the time, which would be about $950 today.
"As I write and illustrate my own stories today, I am proud to look back on such magical beginnings."
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