1936 Nobel Peace Prize to be auctioned in Maryland - KSWO 7News | Breaking News, Weather and Sports

1936 Nobel Peace Prize to be auctioned in Maryland

By ULA ILNYTZKY
Associated Press

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

It's the second Nobel Peace Prize to come to auction. The medal will be sold March 27 in Baltimore by Stack's Bowers Galleries.

In today's market, the gold alone is worth over $9,000. As an object to collectors and world history, its value is much greater.

The 1936 Nobel Peace Prize recipient was Argentina's foreign minister, Carlos Saavedra Lamas. After his death, the award changed hands many times.

An American collector obtained the piece some 20 years ago at a pawn shop. The estate of another collector is now selling it.

The auction also includes the first Pulitzer Prize for Public Service to come to auction. It was presented to the New York World-Telegram in 1932.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • Kovalchuk scores twice, Russians outclass US 4-0 at Olympics

    Kovalchuk scores twice, Russians outclass US 4-0 at Olympics

    Saturday, February 17 2018 9:52 AM EST2018-02-17 14:52:36 GMT
    Saturday, February 17 2018 2:42 PM EST2018-02-17 19:42:33 GMT
    Ilya Kovalchuk scored two back-breaking goals as the Russians outplayed, outhit and outclassed the United States in a convincing 4-0 shutout Saturday night as each team wrapped up pool play at the Olympics.
    Ilya Kovalchuk scored two back-breaking goals as the Russians outplayed, outhit and outclassed the United States in a convincing 4-0 shutout Saturday night as each team wrapped up pool play at the Olympics.
  • 7.2 quake damages homes, but Mexico avoids major destruction

    7.2 quake damages homes, but Mexico avoids major destruction

    Saturday, February 17 2018 12:12 AM EST2018-02-17 05:12:39 GMT
    Saturday, February 17 2018 2:41 PM EST2018-02-17 19:41:46 GMT
    A powerful earthquake that rattled south and central Mexico caused little apparent destruction but rekindled fears in a population that still sees daily reminders of deadly earthquakes five months ago.
    A powerful earthquake that rattled south and central Mexico caused little apparent destruction but rekindled fears in a population that still sees daily reminders of deadly earthquakes five months ago.
  • Kept out: Loophole in law for the poor spurs gentrification

    Kept out: Loophole in law for the poor spurs gentrification

    Friday, February 16 2018 6:26 AM EST2018-02-16 11:26:46 GMT
    Saturday, February 17 2018 2:42 PM EST2018-02-17 19:42:14 GMT

    Banks getting credit for lending to white homebuyers under law designed to aid poor communities.

    Banks getting credit for lending to white homebuyers under law designed to aid poor communities.

Powered by Frankly