For Sale: Ross Perot's Copy of the Magna Carta
Submitted by Eugmc on
September 25, 2007 - 8:48pm.
One of the most important pieces in Western Civilization history is being auctioned off in New York City in Mid December. Sotheby's Auction House will auction off the Magna Carta, a 2500 word document that was the forerunner to the United States Constitution. Experts expect the document, which Ross Perot bought for $1.5 Million in 1984, to be sold for over $30 Million dollars. The Perot foundation will use the money raised for, "medical research, improving public education and assisting wounded soldiers and their families."Numerous copies of the Magna Carta were issued at the time and others still exists. The Australian government has a 1297 copy, the same year the one that will be sold was created. The Master Copy of the document, sealed by King John in 1215, is unable to be located but other copies exist. Only 2, the Australian copy and Perot's, are held outside of Britain. Perot's is the only one that is held by a private citizen in the world.
The Magna Carta translates from the original Latin to the "Great Paper". The Magna Carta required the English King to renoucne rights after a political disagreement between Pope Innocent III, King John and the English barons. The document most notably brought life to the right of Habeas Corpus.
and now..... imagine who bought it.....what does this possibly mean???? thanks to Rachel Maddow for dropping this one today.....
The only copy of Magna Carta in private hands sold for $21.32 million
(£10.6 million) this morning in the first auction of the “birth certificate of
freedom”. The 1297 example, described as the most important document to come
up for sale, was acquired by David Rubenstein, the founder of the Carlyle Group,
at Sotheby’s in New York. He has paid $8,528 a word.
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1 comment:
I hear they are going to have a party and burn it for the entertainment.
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