NEW YORK — A chunk of the Berlin Wall and a pair of cowboy boots that belonged to late U.S. President Ronald Reagan sold for 10 times their estimated value at a New York auction that brought in more than $5.7 million.
Christie’s auctioneers said Friday that more than 1,200 bidders from all over the world registered for the two-day sale of items from the private collection of Ronald and Nancy Reagan.
The 25-inch (63-centimeter), graffiti-covered fragment of the Berlin Wall, signed by Reagan, sold for $277,500 to an undisclosed buyer. It had been expected to fetch up to $20,000.
The wall fragment was considered to have particular significance because of Reagan’s 1987 speech in West Berlin, in which he famously urged then-Soviet leader Mikhail Gorbachev to “tear down this wall.”
SOURCES: Reuters/VOA News Online