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1936 Nobel Peace Prize to be auctioned in US

1936 Nobel Peace Prize discovered at South American pawn shop to be auctioned in US

This undated photo provided by Stack
This undated photo provided by Stack

Nobel Peace Prize Auction

This undated photo provided by Stack

Nobel Peace Prize Auction

This undated photo provided by Stack

NEW YORK (AP) -- A 1936 Nobel Peace Prize discovered at a South American pawn shop is heading to the auction block in the U.S.

The 1936 Nobel Peace Prize recipient was Argentina's foreign minister, Carlos Saavedra Lamas. In the decades after his death, the award changed hands many times. An American collector obtained the piece some 20 years ago at a pawn shop.

It's only the second Nobel Prize to come to auction. The medal will be sold March 29 in Baltimore by Stack's Bowers Galleries.

In today's market, the gold alone is worth over $9,000. As an object to collectors and world history, its value is much greater.

The auction also includes the first Pulitzer Prize for Public Service to ever come to auction. It was presented to the now-defunct New York World-Telegram in 1932.