Tuesday, June 21, 2022

Nobel Prize Sells At Auction For $103.5M

 From The Associated Press, June 21:

Nobel sold for Ukrainian kids shatters record at $103.5M

The Nobel Peace Prize auctioned off by Russian journalist Dmitry Muratov to raise money for Ukrainian child refugees sold Monday night for $103.5 million, shattering the old record for a Nobel.

A spokesperson for Heritage Auctions, which handled the sale, could not confirm the identity of the buyer but said the winning bid was made by proxy. The $103.5 million sale translates to $100 million Swiss francs, hinting that the buyer is from overseas.

“I was hoping that there was going to be an enormous amount of solidarity, but I was not expecting this to be such a huge amount,” Muratov said in an interview after bidding in the nearly 3-week auction ended on World Refugee Day.

Previously, the most ever paid for a Nobel Prize medal was $4.76 million in 2014, when James Watson, whose co-discovery of the structure of DNA earned him a Nobel Prize in 1962, sold his. Three years later, the family of his co-recipient, Francis Crick, received $2.27 million in bidding also run by Heritage Auctions....

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