In the year 2012, we have seen that the United State’s first President George Washington’s personal Constitution and Bill of Rights got sold for $9.8 million, more than 3-times the highest pre-sale estimate, the 1823 printing of the Declaration of Independence for $597,500, the Gilbert Stuart portrait of George Washington fetched $8.1 million at the Sotheby’s auction, all of these sales are clear evidence that collectors are willing to pay top prices for the White House Presidential memorabilia, American historical memorabilia and the important items associated with America’s most memorable presidents. And in an auction attended by roughly 400 people from across the U.S. and participated by a number of online bidders across the globe, thousands of items that belonged to longtime aide of President Kennedy got sold for as much as $2 million, thus further ensuring that avid collectors of Presidential memorabilia splash out huge amounts to expand their eclectic collections.
Notably, at this auction that ended this Monday at John McInnis Auctioneers in Amesbury, nearly 50 years after President John F. Kennedy’s assassination, a birthday car from his son, the late John F. Kennedy Jr., fetched $17,000, a flag on Kennedy’s motorcade limousine sold for $55,000, while Kennedy’s Air Force One bomber jacket got sold for $570,000, a price far greater than its pre-sale estimate of $40,000.
The eclectic collection of President John F. Kennedy offered on sale included a number of photographs, letters, books and other items that were discovered at the home of David powers, who died in 1998, while Powers' relatives were preparing the Arlington, residence for sale.
Speaking about David Powers, he was close aide to the President Kennedy for throughout his political career, right from year 1946 until his assassination on November 22, 1963, after which he remained close to the Kennedy family and became curator of the John F. Kennedy Presidential Library and Museum in Boston before retiring in 1994. He collected keepsakes and documents spanning his years of friendship with the Kennedy family.
Among the thousands items sold, there were some items which fetched as much as 20-times their highest estimate price, along with books inscribed by the President and a number of letters from Jackie Kennedy, the first lady.
Besides, we have also seen the sale offering of some of the other exclusive Presidential memorabilia including the Abraham Lincoln's letter showing his attempts at compensated emancipation, the American historical memorabilia, and Bill Clinton’s laptop for $125,000.