Rare letter signed by founding fathers expected to fetch $1 million at auction

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Rare letter signed by founding fathers expected to fetch $1 million at auction
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A rare letter signed by three of the founding fathers of the United States is going on sale, and is expected to fetch up to $1 million when it goes under the hammer next week.

Bearing the signatures of John Adams, Benjamin Franklin and Thomas Jefferson, the letter is addressed to the “Envoy Extraordinary of the King of the Two Sicilies” and seeks negotiations for a treaty of amity and commerce, according to Bonhams, the auction house handling the sale.

“These treaties of ‘Amity and Commerce’ authorized by Congress just after Independence, and well before the enactment of a Federal Constitution, were essentially the establishment of a new and heavily trade-based system that would remake the face of international politics,” adds Bonhams. Bidding starts at $550,000, and the letter is expected to fetch up to $1 million when it goes under the hammer on November 12.

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