86-year-old Nobel Prize winner to sell his Medal
A Nobel Prize winner, James Watson will be selling his medal at an auction for approximately 25 million Kroner in an effort to raise funds for academic science research.
According to Watson, the funds will go to the University of Chicago, Clare College Cambridge, Cold Spring Harbor Laboratory, Long Island Land Trust and to charities working for similar causes.
The 86-year-old American biologist and geneticist had received the Nobel Prize in medicine for his discovery of the structure of the DNA molecule in 1962. According to reports, the 52-year-old Nobel medal will be going under the hammer at Christie’s auction house on Dec 4, just ten days ahead of this year’s Nobel Peace Prize ceremony in Oslo.
nobel peace prize medalThe estimated sales value $3.5Mn or approximately 25 million Kroner. “It is recognition of probably the most significant scientific breakthrough of the 20th century and the impact of it is only being played out now in the 21st century,” said Francis Wahlgren, international head of books and manuscripts at Christie’s.
Francis further informed that In addition to the medal, Watson’s handwritten notes of his acceptance speech will also be auctioned and can fetch up to $400,000 While, along his manuscript and corrected drafts for his Nobel speech, which could sell for around $200,000 to $300,000.
“I look forward to making further philanthropic gifts, … so I can continue to do my part in keeping the academic World an environment where great ideas and decency prevail,” said Watson, who had won the award with his colleagues-Francis Rick and Maurice Wilkins.
Watson is the first Nobel Prize winner to sell his own Nobel Peace Prize Medal.
The Oslo Times