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June 4, 2010

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Churchill stash nets US$845K

AN auction of memorabilia of British wartime leader Winston Churchill, including a letter in which he rejects making terms with Adolf Hitler, fetched 577,063 pounds (US$844,700) on Wednesday.

The collection was assembled over 30 years by Malcolm S. Forbes Jr, a descendant of the Forbes magazine founder, and is to be sold in three parts, the first at Christie's in London on Wednesday.

A collection of Churchill's speeches on free trade raised the most - 39,650 pounds.

Other items included a Havana cigar Churchill had given away as a gift and a letter in which he rejects making terms with Hitler.

That letter, and another from a former assistant private secretary urging him to make terms with Hitler, were priced together with a top estimate of 8,000 pounds, but netted 34,850 pounds.





 

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