Nelson Mandela flag 'saved from auction by patriotic South African businessman'
The flag, signed by Mr Mandela and fellow South African presidents Thabo Mbeki and FW de Klerk, was flown at the landmark presidential inauguration in May 1994.
Bonhams, the auction house, had been due to auction it later this month.
But the auction said on Thursday that it had brokered a deal with an anonymous London-based South African businessman and philanthropist ''for an undisclosed amount''.
The deal is on the understanding that the flag will be returned to South Africa and handed over to the South African government.
comments powered by Disqus
- 'Sexist' Paris streets renamed in the name of feminism
- NYT profiles a path-breaking transgender pioneer who became a judge
- CIA Plans Huge Release of Top-Secret Reports From the 1960s
- South Dakota drops history as a high school requirement
- The Forgotten History Of 'Violent Displacement' That Helped Create The National Parks
- Historian author Antony Beevor says his new World War 2 book may anger Americans
- Ron Radosh and Allis Radosh plan to defend Warren Harding in a new book
- Historians tackle America’s mass incarceration problem
- Report: Russian studies in crisis
- Ken Burns: Donald Trump’s birtherism — a “politer way of saying the ‘N-word'” — proves America isn’t remotely “post-racial”