Wednesday, April 4, 2012

Buying Those Historical Items: George and Edgar

From Dec. 4, 2009, Yahoo! News.

A George Washington letter was sold at Christie's Auction for $3,218,000, a record for a letter by him. It was written in 1787 to his nephew Bushrod Washington where he argued for a ratification of the country's new Constitution. It was owned by Bushrod's descendants for more than 100 years.

This is a very rare document and at presale the estimate was that it would go for between $1.5 million and $2.5 million. The previous record for a Washington document was $834,500 in 2002.

A volume of poetry by Edgar Allan Poe, including "For Annie" which has 8 handwritten verses of sixteen went for $830,000.

A rare First Edition of his first book, "Tamerlane and Other Poems" went for $662,500. Only 12 copies of the 40 page volume published in 1827 are known to exist.

Someone Had Lots of Money. Must Be Big Oil Or An Investment Banker. --Cooter

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