Historic Sale of the U.S. Constitution

The Moment That Changed Collecting Forever

The U.S. Constitution's Sale

On November 18, 2021, an extraordinary event unfolded as the original copy of the U.S. Constitution was sold at auction for a staggering $43.2 million. This historic moment marked the highest price ever paid for a book, historical document, or manuscript. The auction was conducted by Sotheby’s, where the document's significance transcended its monetary value, symbolizing the very foundation of American democracy.

Ken Griffin: The Buyer Behind the Record

Ken Griffin, the founder and CEO of Citadel, a leading hedge fund, made headlines by winning the bid. Griffin's purchase was not only a personal investment but a commitment to preserving an important piece of history for future generations. He has expressed a profound appreciation for the Constitution and its role in shaping the United States.

The Historical Impact of the Constitution

The Document's Rich History

This particular copy of the Constitution was one of only eleven remaining that were printed for delegates at the Constitutional Convention in 1787. It encapsulates the thoughts and ideals of the Founding Fathers, serving as a cornerstone of American law and governance. The Constitution has been amended 27 times but remains a testament to the enduring principles of liberty and justice.

What This Sale Means for the Future

The sale of the U.S. Constitution not only highlights the growing market for historical documents but also raises questions about the ownership and preservation of national treasures. As private collectors like Griffin acquire such priceless artifacts, there is a growing concern about accessibility and the public's ability to engage with its history.

Fun Fact

A Constitutional Note on Rarity

The U.S. Constitution is not just a governmental framework; it is also a rarity among historical documents. Less than a handful of original copies are known to exist, making any available for public auction extraordinarily valuable on both monetary and cultural levels.

Additional Resources

Recommended Reading on the U.S. Constitution

For those interested in delving deeper into the significance of the Constitution and its impact on American society, consider reading The Federalist Papers for insight into the framers' thoughts or The Constitution of the United States: A Transcription for a firsthand look at the document itself.