Posted on 09/10/2003 8:53:36 AM PDT by bedolido
ATLANTA - A 7,000-piece collection of the writings of the Rev. Martin Luther King Jr., which spent four decades in his widow's basement, is ready for sale after being on exhibit for two weeks at a New York auction house.
The items - appraised at $30 million - went on display Aug. 26, and hundreds of people have strolled through Sotheby's in Manhattan to get a glimpse into King's literary mind.
Sotheby's said several potential buyers have come forward, but officials would not reveal them.
The collection includes speeches, letters, sermon notes and even King's college transcripts.
The King estate, headed by his widow, Coretta Scott King, and Sotheby's officials are hoping to get at least $20 million for the collection. They hope to sell it intact to a museum, library or university that will continue to display it and make it available for scholarly research.
King's youngest son, Dexter, said recently that proceeds from the sale will help pay expenses at the King Center for Nonviolent Social Change in Atlanta, as well as lawyer fees.
The collection is being sold by a "private treaty," giving the auction house and the King family more control over who buys it.
I wonder if MLK Jr. is turning over in his grave, again, and again?
I'm sure that Brother Martin is spinning in his grave.
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MLK Jr AND Sr were MEN OF HONOR!
sadly i can't say that of Mrs MLK or his son.
PITIFUL!
free dixie,sw
when dixie LIBERTY comes, there will be a bust of MLK,Jr in the Southron Hall of Hero-Martyrs.
free dixie,sw
Does anyone know what this means?
The collection is being sold by a "private treaty," giving the auction house and the King family more control over who buys it.
I thought that the 'private treaty' meant they had control over the price (and by that, over who buys it) by not having to sell unless they got their low limit price. But, I am certainly no expert. ANYONE KNOW?
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