article thumbnail

The Story Behind an Epic Lincoln Collection

WorthPoint

At the time, the price for the entire collection was $23 million, and the foundation had to take a bank loan, with the collection as collateral, to complete the purchase. Money, management, and misunderstandings became too much, and the museum ended the partnership in 2021.

article thumbnail

Hoard of stolen documents—including logbook of the ‘saviour of the Netherlands’—recovered by art detective

The Art Newspaper

The employee is believed to have borrowed money from the person whose attic the documents were found in and left the box as collateral—never returning to claim it. Brand and the police suspect the items were stolen in 2015 by a then-employee of the archives, who worked at the archives for a year. The alleged thief has since died. “So

article thumbnail

Collector Ken Griffin spends $18.1m on historic US documents signed by Abraham Lincoln

The Art Newspaper

He outbid a group of crypto investors to buy a first-edition copy of the US Constitution at a 2021 Sotheby's auction , dropping a record-breaking $43.2m (including fees). The two rare documents are the latest additions to Griffin's wide-ranging collection. Besides art and dinosaur bones , he has a penchant for historic manuscripts.