Category Archive 'Magna Carta'

02 Apr 2015

Magna Carta

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19 Dec 2007

1297 Magna Carta Sells for $21.3 Million at Sotheby’s

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BBC:

A rare copy of the Magna Carta has been sold for $21.3m (£10.6m) in an auction at Sotheby’s in New York. The copy dating from 1297, one of only 17 still in existence, was bought by US businessman David Rubenstein.

The auction item had been owned by American billionaire Ross Perot’s Perot Foundation since 1984 and was on view at the National Archives in Washington.

The original Magna Carta was sealed by King John of England in 1215 and enshrined civil rights in English law.

Mr Rubenstein, co-founder of private equity firm The Carlyle Group, wants to put the document back on display at the National Archives.

He said: “I have always believed that the three most important documents were the Constitution, the Declaration of Independence and the Magna Carta.

“This document stands the test of time. There is nothing more important than what it represents.

“I am privileged to be the new owner, but I am only the temporary custodian.

“This is a gift to the American people. It is important to me that it stays in the United States.”

The auctioned copy, the only one in private hands, had been expected to fetch $20m when it went under the hammer.

The Magna Carta was not confirmed as English law until the version sealed by Edward I in 1297.

pdf version of Sotheby’s 56-page catalogue by Nicholas Vincent (Professor of Medieval History at the University of East Anglia in the UK), including introduction, Latin text and English translation, and discussion of related documents and the history of the sold copy.

Earlier posting -12/7

Hat tip to Dominique Poirier.

07 Dec 2007

Sotheby’s to Sell 1297 Copy of Magna Carta

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On December 18th, in a rather unusual single-item auction, Sotheby’s will be selling one of 17 surviving 13th century copies of the Magna Carta, one of only two copies outside Britain.

AP:

In the year 1215, a group of English barons handed King John a document written on parchment. Put your royal seal on this, they said. John did, and forever changed the relationship between the monarchy and those it governed.

The document was the Magna Carta, a declaration of human rights that would set some of the guiding principles for democracy as it is known today.

While that original edict was initially ignored and John died the next year, its key ideas were included in other variations over the next few decades, most notably the right of Habeas Corpus, which protects citizens against unlawful imprisonment. More than 800 years later, about 17 copies survive, and one of those, signed by King Edward I in 1297, will go up for sale Dec. 18 at Sotheby’s.

The document, which Sotheby’s vice chairman David Redden calls “the most important document in the world,” is expected to fetch a record $20-30 million.

While earlier versions of the royal edict were written and then ignored, Redden said, “the 1297 Magna Carta became the operative version, the one that was entered into English common law and became the law of the land,” ultimately effecting democracies around the world.

Today, its impact is felt by perhaps a third of the world’s people, he said. This includes all of North America, India, Pakistan, much of Africa, Australia and other areas that made up the British Commonwealth.

“When it’s something as enormously important as this, you try to get a handle on it,” he said. “It is absolutely correct to say the Magna Carta is the birth certificate of freedom. It states the bedrock principle that no person is above the law – that is the essence of it.”

Only two copies of the Magna Carta exist outside Britain, one in Australia and the one Sotheby’s is auctioning off.

An earlier Magna Carta version was loaned by Britain to the United States for its bicentennial celebration in 1976, but suggestions that it be made a permanent gift were rejected.

The 1279 Magna Carta was forced on Edward I by barons unhappy over taxes imposed to pay for his military campaigns in France, Wales and against Scottish rebel William Wallace. The levies were approved in the king’s absence by his 13-year-old son, Prince Edward.

Written in medieval Latin on sheepskin that after 710 years remains intact and legible, the 1297 Magna Carta was owned for five centuries by a British family that put it up for sale in the early 1980s.

From 1988 until a few months ago, it was exhibited in a custom-designed, gold-plated container at the National Archives in Washington, a few feet from its direct descendants, the Declaration of Independence and the U.S. Constitution.

Hat tip to Dominique Poirier.


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