You're watching...

George Washington book sells for nearly $10 million

Details

  • Description

    Rare 223-year-old book owned by the first president sold at auction

  • Duration 2:52
  • Date

Clips

Also in this playlist...

Latest US

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Breaking news now as an historic auction wraps up moments ago in New York City.

A book containing George Washington's personal copies of the constitution.

And the bill of rights has just been sold to the highest bidder at Christie's auction house how much you pay for that.

The book was expected to command -- -- between two and three million dollars so how did you.

Laura Ingle live in New York you -- under -- and that's George.

I all right he's taking from the heavens above this precious piece of historical history was just sold today as you mentioned the book was expected to go between 23 million dollars but.

There was an intense bidding war inside Christie's and that price went up and up and up and when it was all over the final price here the book was sold with fees for 9826000.

500 dollars just a short time ago the winner was represented -- from the Mount Vernon ladies association which owns and operates George Washington's estate and we have learned the the book will be on display starting -- 2013.

The 223 year old book is one of the rarest presidential documents to ever be put up for auction.

It was frigid and 1789.

And is embossed with the words president of the United States on the front a book play in grave of Washington's name pasted on the front and paper.

One of the most unique things in the book are George Washington's and -- -- in the margins.

According to Christie's Washington rarely wrote notes in the margins of -- volumes which makes this -- even more valuable here's.

Reaction from the -- better.

It was thrilling.

But I had a a quiet resolve with the -- of the ladies.

To are on the board that we were determined to bring it home.

The book was kept out Washington's house in Melbourne and until 1876 when a member of Washington's family sold -- along with some other books -- is only had a couple of owners since then the current owner says most of the proceeds will go -- his children the record for the most expensive presidential document to sell option.

Wasn't manuscript of Lincoln's second inaugural address which sold at Christie's -- 3.4 million dollars in 2009 -- today of course they have this grand -- to -- It definitely beats that Megan.

So it's a Lincoln went for 3.4 million to -- Washington's went for nine million but on the bright side.

Lincoln -- on the five.

And Washington only went on the one dollar bill -- -- yes the bounces out yet.

Although more people have ones and -- pastor.

-- a lot of that today -- -- Ominous thunder -- just the right times thinks learning all I played do we know -- We don't robotic yes that was the Mount Vernon ladies and says -- they're the ones who bought it out at while good for that -- as Glenn Beck but okay.

The other is the other one that's right thank you lady thanks you Matt I mean if you got it why would you want.

It usually -- how cool.