Harvard University discovered a rare original copy of the Magna Carta, previously thought to be an unofficial document, adding to its collection of historical artifacts. Purchased in 1946 for $27.50, its value skyrockets today after confirmation as one of seven remaining legitimate copies. The Magna Carta, created in 1215, established protections against royal influence over justice, finance, and religion, influencing modern democracies despite primarily serving the interests of wealthy barons. King Edward reestablished it to appease barons during taxing times, showing its lasting importance in governance and rights affirmation.
King Edward reaffirmed the charter during his reign as a means of currying favor during a time of heavy taxation and to avoid a civil war.
Harvard purchased this item in 1946 for a whopping $27.50, or $452.40 in today's money. Now that the piece's provenance is confirmed, it's fair to say it's actually priceless.
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