The 1930s piece was one of four mismatched chairs that the British author picked up for free in Edinburgh, Scotland, before she rose to fame, reported BBC News.
Rowling, 50, originally auctioned the chair to benefit her charity in 2002. She hand-painted the chair, which auctioneer James Gannon said made the piece so valuable.
It features the phrases: "O, you may not find me pretty but don't judge on what you see" and "I wrote Harry Potter while sitting on this chair".
The chair's new owner has chosen to remain anonymous. The seller, Gerald Gray, from Salford in Greater Manchester, said the winning bid far exceeded his expectations.
He bought the chair in 2009 after his daughter, a "Harry Potter" fan, saw it on eBay.
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