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Friday, December 09, 2022

Native American Constitution up for auction with estimated sales of US$20-30 million

Native American Constitution up for auction with estimated sales of US$20-30 million


Original copy of the United States Constitution of 1787, which will be auctioned on December 13 at Sotheby’s auction house in New York on October 31, 2022. afp_tickers

This material 02 November 2022 – 16:17 . was published on

(AFP)

An original copy of the 1787 United States Constitution would be auctioned in December with an estimated price of $20 to 30 million, a year after the sale of another copy of the Magna Carta awarded for $43 million, the auction house said. declare. auction

The documents, signed in Philadelphia on September 17, 1787, by the “Founding Fathers” of the United States, including George Washington, Benjamin Franklin and James Madison, are in private hands, as are the other copies sold by Sotheby’s in New York the previous November. ,

Richard Austin, an expert in ancient manuscripts and books at the New York auction house, told AFP that “he wants another person or group to be responsible for preserving this important document.”

He expects the document to fetch at least $20-30 million in its December 13 sale. It will be exposed at the auction house till November 4.

According to Sotheby’s, owned by French-Israeli millionaire Patrick Drahy, only 13 copies of the first edition of the US Constitution are known, despite the fact that 500 are believed to have been printed at the time.

Of the 13, 11 are in institutions or museums and two are in private hands.

The copy sold a year earlier, which belonged to American collector Dorothy Tapper Goldman, was purchased by millionaire Kenneth Griffin for $43.2 million to lend to an Arkansas museum for free.

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