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From: "Marion Maneker" <marion@puck.news>
To: <enzo@showfile.com>
Subject: Vermeer Love Letters, Murakami at Gagosian & $8M Americana
Date: Sun, 22 Jun 2025 23:00:28 +0100
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Welcome back to Wall Power. Tonight, Julie Davich looks at the market for 
“freedom documents,” which seems to be accelerating as we move toward the 
semiquincentennial of American independence next year. On Thursday, Sotheby’s 
will auction two rare examples of such documents, signed by Abraham Lincoln 
himself: a copy of the Emancipation Proclamation, and one of the 13th 
Amendment, which together abolished slavery in the United States.





Jun 22, 2025












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PREVIEW VERSION


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 	Marion Maneker


Welcome back to Wall Power. I’m Marion Maneker. Tonight, Julie Davich looks 
at the market for “freedom documents,” which seems to be accelerating as we 
move toward the semiquincentennial of American independence next year. On 
Thursday, Sotheby’s will auction two rare examples of such documents, signed 
by Abraham Lincoln himself: a copy of the Emancipation Proclamation, and one 
of the 13th Amendment, which together abolished slavery in the United 
States. History, and the documents that bring us into direct contact with 
it, is the subject of tonight’s newsletter.

But first…


*	Love and Letters: I had held off on visiting the reopened Frick until its 
new show, Vermeer’s Love Letters, opened on Wednesday, hoping to avoid the 
crowds. But my strategy was no match for...




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“Freedom Documents” Aren’t Free



They’re actually worth many millions, and the market is heating up as the 
U.S. approaches its 250th birthday. On Thursday, Sotheby’s is selling rare 
copies of the Emancipation Proclamation and the 13th Amendment to the 
Constitution—both of them signed by Abraham Lincoln, himself.




 	Julie Brener Davich




As the U.S. approaches its 250th birthday next year, the market for American 
“freedom” documents has never been stronger. In 2021, Sotheby’s auctioned a 
historic first printing of the Constitution for $43.2 million, and this past 
October, Brunk Auctions sold an original printed, signed archetype of the 
Constitution for $11 million. Then, last month, Freeman’s Hindman had a sale 
of Lincolnia, including many manuscripts and documents from throughout 
Abraham Lincoln’s life, that doubled its presale estimate to make $7.9 
million. Given the interest in the field and the growing scarcity of...




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Matt’s Hollywood Mailbag



MATTHEW BELLONI




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The Trump–Iran Psyops



JULIA IOFFE




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role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdYbWFmZTNibEVPdURSZktNMWJCND0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
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ze:20px;font-weight:400;color:#d40000;vertical-align:middle;letter-spacin=
g:undefined;text-align:left;line-height:normal;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
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target=3D"_self" style=3D"color:#d40000;text-decoration:none;">Marion =
Maneker</a>
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cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
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style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p =
style=3D"margin:0;">Welcome back to Wall Power. I=E2=80=99m =
<strong>Marion Maneker</strong>. Tonight, <strong>Julie
Davich</strong> looks at the market for =E2=80=9Cfreedom =
documents,=E2=80=9D which seems to be accelerating as we move toward the =
semiquincentennial of American independence next year. On Thursday, =
Sotheby=E2=80=99s will auction two rare examples of such documents, =
signed by <strong>Abraham Lincoln</strong> himself: a copy of the =
Emancipation Proclamation, and one of the 13th Amendment, which together =
abolished slavery in the United States. History, and the documents that =
bring us into direct contact with it, is the
subject of tonight=E2=80=99s newsletter.<br/><br/><em>But =
first=E2=80=A6</em></p></div>
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style=3D"padding-bottom:8px;"><div style=3D"margin-left:-20px"><ul =
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reopened Frick until its new show, <em>Vermeer=E2=80=99s Love =
Letters</em>, opened on Wednesday, hoping to avoid the crowds. But my =
strategy was no match for...</li></ul></div>
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role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
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al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.2=
;text-align:center;mso-line-height-alt:20px;"><p =
style=3D"margin:0;margin-bottom:0px;">The first steps towards a =
masterpiece starts with a dream. The all-electric BMW i7 =E2=80=93 the =
evolution of
brilliance. Learn more at=C2=A0</p><p style=3D"margin:0;"><strong><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
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05LQUdYbWFmZTNibEVPdURSZktNMWJCND0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbG=
luY29sbnMtc2lnbmVkLWZyZWVkb20tZG9jdW1lbnRzLWFyZS1hdC1zb3RoZWJ5cy8_dXRtX2N=
hbXBhaWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg2JTJGMjIlMkYyNSUyOVx1MDAyNnV0bV9j=
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0OGQyOCIsImxpbmtfaWQiOjIyNDI4NjZ9/135f8841197d36e68bd13d021731fd6165c5b43=
b5cf2374e8d74bbc465eb1c33" target=3D"_blank"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1750627474208_lincoln_01JYCREQ68S4RN8V5A6T54E74A.jpg" =
style=3D"display:block;height:
auto;border:0;width:100%;" width=3D"600" alt=3D"=E2=80=9CFreedom =
Documents=E2=80=9D Aren=E2=80=99t Free" title=3D"=E2=80=9CFreedom =
Documents=E2=80=9D Aren=E2=80=99t Free" =
height=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table class=3D"gq oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:16px;padding-left:24px;padding-right:24px;padding=
-top:16px;text-align:center;width:100%;"><h1 =
style=3D"margin:0;color:#000000;direction:ltr;font-family:&#39;PuckSerifD=
isplay&#39;,&#39;Georgia&#39;;font-size:48px;font-weight:400;letter-spaci=
ng:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;
mso-line-height-alt:58px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdYbWFmZTNibEVPdURSZktNMWJCND0iLCJocmVmIjoiaHR0cHM6Ly91c2VyaW1nLWFzc2=
V0cy5jdXN0b21lcmlvbWFpbC5jb20vaW1hZ2VzL2NsaWVudC1lbnYtMTA3MzgyLzE3NTA2Mjc=
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W50PVdhbGwrUG93ZXIrLStMRUFEUyslMjg2JTJGMjIlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW=
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tPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQy=
OCIsImxpbmtfaWQiOjIyNDI4Njd9/32d36cbb8b5e8b1f3ad4827c5d82939867ead614357d=
62d6b80c287acfdcef69" target=3D"_blank" =
style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener">=E2=80=9CFreedom =
Documents=E2=80=9D Aren=E2=80=99t Free</a></h1>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" =
style=3D"padding-left:24px;padding-right:24px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:19px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:29px;"><p =
style=3D"margin:0;">They=E2=80=99re actually worth many millions, and =
the market is heating up as the U.S.
approaches its 250th birthday. On Thursday, Sotheby=E2=80=99s is selling =
rare copies of the Emancipation Proclamation and the 13th Amendment to =
the Constitution=E2=80=94both of them signed by Abraham Lincoln, =
himself.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
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<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;border-bottom:8px solid =
transparent;border-left:24px solid transparent;border-right:24px solid =
transparent;border-top:8px solid transparent;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:
left;border-bottom:1px solid #d40000;border-top:1px solid =
#d40000;vertical-align:top;border-radius:0px;">
<table class=3D"np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;text-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r5" =
style=3D"vertical-align:middle;color:#d40000;font-family:&#39;PuckSerifDi=
splay&#39;,&#39;Georgia&#39;;font-size:20px;font-weight:400;padding-botto=
m:8px;padding-right:8px;padding-top:8px;text-align:left;">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdYbWFmZTNibEVPdURSZktNMWJCND0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL2p1bGllZGF2aWNoLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyUyODY=
lMkYyMiUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9V2FsbCtQb3dlcistK0xFQURTKyUyODYl=
MkYyMiUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291c=
mNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbn=
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9039a32a89c4759c73c926d3b0823b97175c9b60393223d04e96e00b8" =
target=3D"_self" style=3D"text-decoration:none;"><img alt=3D"Julie =
Brener Davich" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1739207841163_avatar-julie-update-2025-02-10_01JKRDV5DNE5VGVM57VZNYXYE1.=
png" height=3D"auto" width=3D"48" align=3D"center" =
style=3D"display:block;height:auto;margin:0 auto;border:0;"/></a>
</td><td =
style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-si=
ze:20px;font-weight:400;color:#d40000;vertical-align:middle;letter-spacin=
g:undefined;text-align:left;line-height:normal;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdYbWFmZTNibEVPdURSZktNMWJCND0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL2p1bGllZGF2aWNoLz91dG1fY2FtcGFpZ249V2FsbCtQb3dlcistK0xFQURTKyUyODY=
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MkYyMiUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291c=
mNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbn=
Rlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjAzOTUzNH0/c72fc5b=
9039a32a89c4759c73c926d3b0823b97175c9b60393223d04e96e00b8" =
target=3D"_self" style=3D"color:#d40000;text-decoration:none;">Julie =
Brener Davich</a>
</td></tr></tbody></table>
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</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;color:#000000;border-radius:0;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:16px;vertical-=
align:top;">
<table class=3D"np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p style=3D"margin:0;">As =
the U.S. approaches its 250th birthday next year, the market for =
American =E2=80=9Cfreedom=E2=80=9D
documents has never been stronger. In 2021, Sotheby=E2=80=99s auctioned =
a historic first printing of the Constitution for $43.2 million, and =
this past October, Brunk Auctions sold an original printed, signed =
archetype of the Constitution for $11 million. Then, last month, =
Freeman=E2=80=99s Hindman had a sale of Lincolnia, including many =
manuscripts and documents from throughout <strong>Abraham =
Lincoln</strong>=E2=80=99s life, that doubled its presale estimate to =
make $7.9 million. Given the interest in the field and
the growing scarcity of...</p></div>
</td></tr></tbody></table>
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