Lincoln Speech Sets New Auction Record On Bicentennial
A handwritten manuscript of an 1864 ABRAHAM LINCOLN speech has set a new auction record for any American historical document after going under the hammer for $3.44 million (£2.37 million).
The note, for a speech given at the White House shortly after the former U.S. president was re-elected into office, went on sale at Christie's auction house in New York City on Thursday (12Feb09).
It was purchased by an anonymous phone bidder - on the bicentennial of Lincoln's birth - and the sale price narrowly beat the previous record of $3.4 million (£2.3 million) set by another Lincoln document from 1864.
The profits will be donated to Dryden, New York's Southworth Library Association, which was given the historic Lincoln document in 1926, to pay for a new wing of its building.