These documents date from 1946-1968. The documents were to be auctioned by the world famous auction house Sotheby's http://www.npr.org/templates/story/story.php?storyId=5498444,.
The collection was expected to be sold for between 15 million and 30 million dollars. The King children insisted that the collection be sold in one lot and preferably to a university or museum that would allow the documents to be viewed by the public and for study by scholars, students ect. Atlanta Mayor Shirley Franklin and former Mayor Andrew Young put together a group of civic and business leaders who were able to come up with the enough money to but the whole archive.
Although the amount agreed upon by the Kings and the purchasing group is unknow, it is known that Southeby's were going to auction them for the amount of $15 to $30 million dollars. This is a blessing for Kings home town of Atlanta, Georgia because the Smithsonian Institute and Duke University were interested in purchasing Kings papers. fortunately the papers will go to Kings Alma mater More house. For this I am truly relieved. But my question is am I the only one who believes that it was wrong of Kings Children to sell the papers and that they should have been donated? I find this whole escapade to be a little disgusting. I wonder anyone else feels the way I do. other . Mark Bey