{"id":99930,"date":"2021-11-20T08:10:12","date_gmt":"2021-11-20T13:10:12","guid":{"rendered":"https:\/\/PERSIAN-HERITAGE.COM\/?p=99930"},"modified":"2021-11-20T08:10:12","modified_gmt":"2021-11-20T13:10:12","slug":"rare-first-printing-of-us-constitution-sells-for-record-43m","status":"publish","type":"post","link":"https:\/\/PERSIAN-HERITAGE.COM\/en\/2021\/11\/20\/rare-first-printing-of-us-constitution-sells-for-record-43m\/","title":{"rendered":"Rare First Printing of US Constitution Sells for Record $43M"},"content":{"rendered":"

\"\"VOA \u2014 NEW YORK \u2014 <\/span>A rare first printing of the U.S. Constitution sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction.<\/p>\n

The buyer, hedge fund manager Kenneth Griffin, will lend the document to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, for public exhibition, Sotheby’s announced Friday.<\/p>\n

Griffin, the founder and CEO of multinational hedge fund Citadel, outbid a group of 17,000 cryptocurrency enthusiasts from around the world who crowdfunded to try to buy it over the last week.<\/p>\n

“The U.S. Constitution is a sacred document that enshrines the rights of every American and all those who aspire to be,” Griffin said in a statement. “That is why I intend to ensure that this copy of our Constitution will be available for all Americans and visitors to view and appreciate in our museums and other public spaces.”<\/p>\n

Crystal Bridges board chairperson Olivia Walton said, “We are honored to exhibit one of the most important documents in our nation’s history from our location in the heartland of America.”<\/p>\n

The museum opened in 2011 and was founded by Alice Walton, the daughter of Walmart founder Sam Walton.<\/p>\n

The document that Griffin purchased at Thursday night’s auction was one of 13 known copies of the first printing of the Constitution and one of only two in private hands.<\/p>\n

This printing of the Constitution was last sold in 1988, when real estate developer and collector S. Howard Goldman bought it at auction for $165,000.<\/p>\n

Proceeds from Thursday’s sale will benefit a foundation established by Goldman’s widow, Dorothy Tapper Goldman, to further the understanding of constitutional principles.<\/p>\n

“Tonight’s sale of this exceptionally rare and important printing of the Constitution was a monumental and historic occasion,” Selby Kiffer, Sotheby’s senior international specialist for books and manuscripts, said in a statement.<\/p>\n

Kiffer said the auction result reflects how relevant the Constitution remains, “not only in America but for global democracy.”<\/p>\n

The underbidder was ConstitutionDAO, which announced its plan to raise millions of dollars to buy the Constitution on Twitter on November 12. DAO stands for decentralized autonomous organization, a type of community-run business.<\/p>\n

The group added, “We were the first DAO Sothebys has ever worked with, but we’re sure we won’t be the last one.”<\/p>\n

The previous auction record for a book or manuscript was set in 1994 when Bill Gates purchased the Codex Leicester by Leonardo da Vinci at Christie’s for $30.8 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

VOA \u2014 NEW YORK \u2014 A rare first printing of the U.S. Constitution sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction. The buyer, hedge fund manager Kenneth Griffin, will lend the document to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, […]<\/p>\n","protected":false},"author":1,"featured_media":99931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[16],"tags":[],"class_list":["post-99930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recposts"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["fa","en"],"languages":{"fa":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/99930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/comments?post=99930"}],"version-history":[{"count":2,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/99930\/revisions"}],"predecessor-version":[{"id":99933,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/99930\/revisions\/99933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/media\/99931"}],"wp:attachment":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/media?parent=99930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/categories?post=99930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/tags?post=99930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}