Sotheby’s Exceeds Pre-Sale Expectations With $2.6M Sale of Alexander’s Hamilton’s Letters

Sotheby’s Exceeds Pre-Sale Expectations With $2.6M Sale of Alexander’s Hamilton’s Letters

Published: January 29, 2017 | By: American Luxury Staff

Sotheby’s sale of Alexander Hamilton’s letters and other important papers blew out the auction house’s expectations by fetching $2.6 million, surely because of the founding father’s newfound popularity of late thanks to the eponymous smash Broadway hit musical.

A document dated back to 1777 naming Hamilton as aide-de-camp to General George Washington earned $212,500. At the next gavel, the earliest found love letter between Hamilton and his future wife, Elizabeth Schuyler, in which the former U.S. Secretary of the Treasury calls her “My dearest girl,” grabbed $118,750, almost doubling the estimate for that piece.

Another lot to sell for much higher than the estimate was the only known letter from Hamilton’s son Philip to his father that is dated 1797. This piece fetched $40,000, which was more than triple the high estimate for the letter.

Sotheby’s sold all 77 lots from the auction. The documents were from the Hamilton family archives.

1302 January 29, 2017 Lifestyle January 29, 2017