With support from the University of Richmond

History News Network

History News Network puts current events into historical perspective. Subscribe to our newsletter for new perspectives on the ways history continues to resonate in the present. Explore our archive of thousands of original op-eds and curated stories from around the web. Join us to learn more about the past, now.

1936 Nobel Peace Prize to be auctioned in Maryland

NEW YORK — A 1936 Nobel Peace Prize discovered at a South American pawn shop is heading to the auction block.

The award will be only the second Nobel Peace Prize to come to auction and marked the first time an individual from Latin America had received the honor.

The New York-based Stack's Bowers Galleries is offering it for sale March 27 in Baltimore.

The 23-karat relic weighs 222.4 grams, which in today's market would make it worth $9,168 for the gold alone. As an object to collectors and world history, its value is much greater.

"I can't think of many public collections that have a Nobel Prize, never mind a Nobel Peace Prize medal," said Ute Wartenberg, executive director of the American Numismatic Society. "This is an incredible rarity."...

Read entire article at Associated Press