Tuesday, September 25, 2007

710-year-old Magna Carta to be sold at Sotheby's in NYC

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A rare 710-year-old copy of the Magna Carta manuscript (above) is enclosed in a glass case after being unveiled at Sotherby's in New York September 24, 2007. The Perot Foundation at Sotheby'swill auction off the King Edward I issue of the rare document that is universally accepted as the basis for modern constitutional law in December. The manuscript is estimated to sell for between $20 to $30 million.

Sotheby's said the Magna Cartawas ratified and reissued with each monarch who succeeded John. It was enacted as law in 1297 by the British parliament when it was reissued by King Edward I. The copy of 1297 issue to be sold is one of only two held outside of Britain.

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