Jeb Stuarts Personal Battle Flag Sold For $800k

[65thgainf]

Attended the show/auction in N'ville today. Watched the flag and other items go. Bids were between a man in the room and a phone bidder. The man in the room dropped out when the bid increments went to $50,000. It was awesome just to see it in person and wishing it could talk :D

Ebay link:
http://cgi.liveauctions.ebay.com/ws/...m=170047848602

My picture:


I picked up a, Revolutionary War Continental Army Soldiers Button. These were made of pewter and usually in poor shape. Has the intertwined 'USA' on the face.

[markj]

Re: Jeb Stuarts Personal Battle Flag Sold For $800k

The winning bidder is obviously going to have a very nice Christmas.

Here are the other Nashville CW show flag auction results. The amounts listed below do not include the 19% "buyer's premium," which will, in fact, boost the final price for the Stuart HQ flag to $960k.

3rd Tennessee Hardee - $85,000

4th Tennessee Bragg pattern - $85,000 (going to the new Texas CW Museum)

18th Tennessee company flag (First National) - $60,000 (did not sell as there was a reserve that was not met)

31st Tennessee Augusta Depot flag - $95,000 (did not sell - same as above)

Virginia state flag - $50,000

S.S. Lee's flag First National - $35,000

Unknown First National with horseshoe star pattern - $26,000

Incidentally, J.E. B. Stuart's West Point class ring went for $85,000 plus premium.

Regards,

Mark Jaeger

[Western Blue Belly]

Re: Jeb Stuarts Personal Battle Flag Sold For $800k

"Incidentally, J.E. B. Stuart's West Point class ring went for $85,000 plus premium."

Just a thought. How I wonder does such an object become avalible on the open market?

[markj]

Re: Jeb Stuarts Personal Battle Flag Sold For $800k

"Incidentally, J.E. B. Stuart's West Point class ring went for $85,000 plus premium."

Just a thought. How I wonder does such an object become avalible on the open market?

Any one of several scenarios come to mind:

1. Private collector liquidating his holdings.

2. A dealer putting it up on the block.

3. Family member selling it off because they need the cash.

4. Museum "deaccession."

&c., &c., &c.

Regards,

Mark Jaeger

[Dignann]

Re: Jeb Stuarts Personal Battle Flag Sold For $800k

Just a thought. How I wonder does such an object become avalible on the open market?

Tom Slater, Director of Americana auctions for Dallas-based Heritage Auction Galleries, stated:

"The flag was passed on to Stuart's son by his widow, and by him to his son (J.E.B. Stuart III), and finally to J.E.B. Stuart IV, who loaned it originally to the Stuart Academy which later exhibited it at the Museum of the Confederacy in Richmond until it was subsequently sold to a prominent collector who recently consigned it to this auction."

http://www.garyhendershott.com/ucomingauctions.html

Eric

[Western Blue Belly]

Re: Jeb Stuarts Personal Battle Flag Sold For $800k

Any one of several scenarios come to mind:

1. Private collector liquidating his holdings.

2. A dealer putting it up on the block.

3. Family member selling it off because they need the cash.

4. Museum "deaccession."

&c., &c., &c.

Regards,

Mark Jaeger

Uh....yeah. I was just thinking out loud really...dident really mean for someone to respond....