Reagan letter tops auction of mayor Ed Koch’s items

November 25, 2013 Associated Press
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A letter in which former President Ronald Reagan says “I never doubted communism would eventually fail” has drawn the highest bid at an auction of materials that belonged to ex-New York Mayor Ed Koch.

The Doyle New York auction house says the 1992 letter sold Monday for $3,750. Its worth had been estimated at $300 to $500.

The second-priciest item was a 1991 thank you note in which Jacqueline Kennedy Onassis told Koch, “Your love of life is contagious.”

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The auction house says the roughly 200 letters, books and other ephemera on the block sold for $23,844, including a buyer’s premium. Doyle had estimated the collection at less than $5,300.

Koch led the city from 1978 to 1989. He died in February at age 88.


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