Custer's Last Flag Commands Millions

Several months ago the news media was abuzz with predictions that a flag--found at Little Bighorn after the massacre of General Custer and his men--may net up to $5,000,000 at auction. On December 10, 2010, Sotheby's auctioned the historic flag, which had been in the possession of the Detroit Museum of Art, now known as the Detroit Art Institute (DIA). While the flag didn't meet with the media's typically sensationalist projections, it did fetch $2,210,500 US (hammer price with buyer's premium), an amount not to be taken lightly for a flag that was purchased 115 years ago for $45.

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Custer's Last Flag at Little Bighorn Sells for $2,210,500 m
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