Rubenstein Buys 1776 Copy Of Declaration Of Independence

Jun 26 2013 | 11:07am ET

The Carlyle Group's David Rubenstein has added to his collection of historic documents, paying a record price for a copy of a newspaper.

But what a newspaper: It is the July 6, 1776, edition of the Pennsylvania Evening Post, with the U.S. Declaration of Independence printed on the cover, two days after its adoption.

Rubenstein paid $632,500 at auction yesterday for the prize, one of only 19 copies known to exist. "It looks like it did in 1776," Seth Kaller, who represented the seller, told Reuters. "No fading and very little toning to the paper."

As with the rest of his collection of key documents in the history of freedom, Rubenstein intends to lend the newspaper to an institution for public viewing. Other documents he's put on permanent loan include a 1297 copy of the Magna Carta and a copy of the Emancipation Proclamation signed by Abraham Lincoln.

"He purchases these and then is putting them on permanent loan at important institutions so that more people can see them," Christopher Ullman, a spokesman for Carlyle, said. "When he dies, he'll make them permanent."


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note