How far would you get when you are in debt? A nonprofit in Springfield, Illinois is already considering the possibility of auctioning off some rare Abraham Lincoln memorabilia to pay off its $9 million debt. Interestingly, most of the items were the reason why the organization is in debt in the first place.
In 2007, the Abraham Lincoln Presidential Library Foundation (ALPLF) got a loan to purchase $25 million worth of memorabilia from a private collector. The organization has been able to raise $15 million from donations alone. Unfortunately, the foundation is still short of $9.7 million to pay off the debt.
The Abraham Lincoln Presidential Library and Museum is in need of donations to keep its extensive collection.
A portrait of the president that can be found at the Abraham Lincoln Presidential Library and Museum.
If the debt is not settled, ALPLF will be forced to put several items on the auction block. The items include Lincoln’s presidential seal and one of his famous top hats. One of the most interesting items is a pair of gloves the 16th president carried on the night of his assassination. The gloves are stained with his blood and could be the one item that could fetch a huge price.
Lincoln had the gloves in his pocket when he was assassinated by John Wilkes Booth.
The president’s life was ended while attending the play ‘Our American Cousin’ at Ford’s Theatre in Washington, D.C.
Dr. Carla Knorowski, the foundation’s Chief Executive Officer, has begged the public to help the foundation in its time of need. Moreover, she recently wrote a letter addressing the matter on the official ALPLF page.
“If a single Lincoln artifact goes to auction, taken from the public realm, then we, as a nation are collectively diminished and must look ourselves in the mirror and take responsibility. It is not any one individual’s or group’s responsibility to bear, it is all of ours to bear.”
This is one of the only remaining top hats that originally belonged to Lincoln.
The collection is still on display at the Abraham Lincoln Presidential Library and Museum.
According to Dr. Knorowski’s letter, the loan note is due in 20 months. The foundation already has a GoFundMe page to save the memorabilia. Additionally, they are open to any donations.
Bees Kill Penguins by Stinging Them in the Eyes
2000 Kilogram Sunfish Caught Off North African Coast
Man Embezzles $57K in COVID-19 Relief to Buy Pokemon Cards
Florida Man Catches and “Recycles” Alligator in Driveway
Man Shocks Reporter on How He’d Spend the Lottery Winnings
Man Joins Search Operation Not Realizing He’s the One Missing
World’s Oldest Rhino Dies in Italian Zoo at 54 Years Old
Meet Quilty – Cat Escape Artist Helping Other Cats Jailbreak
Fans Use American Flag to Save Falling Cat During Football Game in Miami
TikToker Shares How She Tricked Invaders Who Tried Opening The Hotel Door While She Was Alone
Man Iced Neighbor Who Repeatedly Asked Him “When Are You Getting Married?”
Do You Live in One of These 15 Countries With The Most Beautiful Women on Earth?
The Secret Meaning of Anklets And Why Some Wives Wear Them
Waking Up Between 3 to 5 AM Could Mean You’re Experiencing Spiritual Awakening
Divorced Man Wrote 20 Epic Marriage Advice He Wished He Could Have Had
Haunting Photos of Two Tourists Snapped Just Before They Mysteriously Disappeared
“Chastity Cages” is the Latest Thing for Men
Pork Fat Is Officially One of the World’s Most Nutritious Foods
Some Stranger Padlocked This Guy’s Earlobe And Ran Away With The Key
Three-Month-Old Baby Left Blind in One Eye After Family Friend Took His Picture