BENTONVILLE, Ark. — A rare first printing of the U.S. Constitution has sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction.
Sotheby's announced Friday that the buyer was hedge fund manager Kenneth Griffin. He will loan the Constitution to the Crystal Bridges Museum of American Art in Bentonville, Arkansas.
Griffin outbid a group of 17,000 cryptocurrency enthusiasts from around the world who crowdfunded to buy it over the last week.
The previous auction record for a book or manuscript was set in 1994 when Bill Gates purchased the Codex Leicester by Leonardo da Vinci at Christie’s for $30.8 million.
The museum has not yet released a date for when it will be on display.