In June 1997, Bloomsbury published Philosopher's Stone with an initial print run of 1,000 copies, 500 of which were distributed to libraries. Today, such copies are valued between £16,000 and £25,000. Five months later, the book won its first award, a Nestlé Smarties Book Prize. In February, the novel won the British Book Award for Children's Book of the Year, and later, the Children's Book Award. In early 1998, an auction was held in the United States for the rights to publish the novel, and was won by Scholastic Inc., for US$105,000. Rowling said that she "nearly died" when she heard the news. In October 1998, Scholastic published Philosopher's Stone in the US under the title of Harry Potter and the Sorcerer's Stone, a change Rowling says she now regrets and would have fought if she had been in a better position at the time. Rowling moved from her flat with the money from the Scholastic sale, into 19 Hazelbank Terrace in Edinburgh.