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Magna Carta, often called the most important document in the world, is sold for $21.3 million.
“The manuscript attracted only one bidder, Carlyle Group co- founder and Managing Director David Rubenstein, who offered $19 million before fees. Rubenstein said he would loan the manuscript to the National Archives in Washington.”
The document was sold by Ross Perrot, who bought it for $1.5millon in 1983.
“The Magna Carta sprang from negotiations between King John and rebel barons in 1215. John agreed to a charter of liberties certifying that the king was not above the law. The Magna Carta was later reissued with modifications. The 1297 version included provisions against taxation without representation and was the first Magna Carta confirmed as English law. ”
The price of history is invaluable and, as many things in life, the exact value is unpredictable…
“Perot said he had no idea that the value of Magna Carta would escalate so drastically.
“That’s a lot of money and a lot of opportunity,” he said. “It’s time to take that money and use it for good causes.”
The source: www.bloomberg.com
Another article here: afp.google.com
More facts on this subject at: Wikipedia.org. Magna Carta
