A huge loss
Someone really needs to step forward with some cash.
From
CNN:
Black history 'undertaker' loses treasures
Nathaniel Montague spent more than 50 of his 84 years chasing history, meticulously collecting rare and one-of-a-kind fragments of America's past. Slave documents. Photographs. Signatures. Recordings.
Montague -- Magnificent Montague, as he's been known since his days as a pioneering radio DJ -- amassed an 8,000-piece collection reflecting names from the well-known to the forgotten to those history never thought to remember. It's valued in the millions; some call it priceless. One assessment of just five of the pieces puts the total value of those treasures alone somewhere between $592,000 and $940,000.
"I shudder to even fantasize what it could go for," said appraiser Philip Merrill, who performed the assessment.
For decades Montague carted the collection of African-American artwork, artifacts and ephemera around the country with his family as he took jobs at radio stations in New York, Chicago, Oakland, and Los Angeles, and then finally to Las Vegas, where he moved 12 years ago after closing a station he built from the ground up in Palm Springs, California.
The Montague Collection was his prized possession, but because of financial woes he has lost it. It is now up for auction.
"I have not been able to maintain the collection for the last couple of years," Montague said. While working with his wife of 56 years, Rose Casalan, to archive and prepare the collection for sale, he took out a loan to help pay for the archiving, found himself overextended financially and declared bankruptcy. His collection was seized, and it is now in the hands of a trusteeship charged with selling it to satisfy his debts, including a judgment for $325,000 plus interest and court fees.
If no one steps up to buy the collection in its entirety, Montague's life's work could be dismantled and sold off in pieces to pay his creditors.
Unnh -- Jesse? Al? You have both made yourselves very wealthy hustling the race card. You are both getting on in years and have big enough egos that '
leaving a legacy' is an attractive idea. This would be an excellent place to start.
So what are you going to do?
Failing that, Oprah?
How about the Smithsonian Museum, specifically their
National Museum of African American History and Culture. They
just broke ground for a spiffy new building scheduled to open in 2014.
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crickets
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Posted by DaveH at May 9, 2012 9:22 PM