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| Above, the Abraham Lincoln Presidential Museum. Photo by Armand Vaquer. |
The Abraham Lincoln Presidential Library & Museum may have to sell some artifacts in order to pay off a loan.
The St. Louis Post-Dispatch reported:
SPRINGFIELD, Ill. (AP) — The foundation that supports the Abraham Lincoln Presidential Library and Museum says it might have to sell artifacts if it can't pay off a decade-old loan that financed items related to the 16th president.
The Abraham Lincoln Presidential Library Foundation has revealed it owes $10 million on a 2007 loan it used to buy the Barry and Louise Taper Collection, which includes a stovepipe hat Lincoln purportedly wore, bloodstained gloves he wore the night he was assassinated and an 1824 book containing the first known example of his handwriting.
The foundation paid $25 million and borrowed $23 million. The note comes due in October 2019.
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| Above, the Lincoln family stands in the main lobby of the museum. Photo by Armand Vaquer. |
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