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Friday, September 28, 2007

 

Magna Carta being auctioned for first time

‘Sotheby’s will auction off one of the earliest versions of the Magna Carta later this year, the auction house announced Tuesday.

This will be the first time any version of the Magna Carta has ever gone up for auction, according to David Redden, vice chairman of Sotheby’s.

The Magna Carta is expected to fetch at least $20 million to $30 million, Redden said.

Redden, who has also sold dinosaur bones, space race artifacts and a first printing of the Declaration of Independence, called the Magna Carta “the most important document on earth.”

The charter mandated the English king to cede certain basic rights to his citizens, ensuring that no man is above the law.’




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