Last Updated on 3/25/2007 by bidz

$2.48 document may bring in $300K
The (Nashville) Tennessean

“NASHVILLE, Tenn. – Many people dream of being the lucky so-and-so who went to a thrift store and bought a $2 item that turned out to be worth six figures.

Meet Michael Sparks, a Nashville music equipment technician for Soundcheck Nashville, who happens to be that so-and-so.

A rolled-up document he happened upon last March and paid less than $3 for turns out to be a rare copy of the Declaration of Independence. It might fetch a quarter-million at auction – or more.”

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UPDATE: March 22. 2007

“A rare 1823 copy of the Declaration of Independence sold at auction for $477,650 by a man who found it last year in a Nashville thrift store for $2.48.

Michael Sparks, a music equipment technician, sold the document Thursday at Raynors’ Historical Collectible Auctions in Burlington, North Carolina.

Six bidders contended for the document, most by phone or Internet, when bidding opened at $125,000. The identity of the winner was not disclosed.”