Hidden Treasure
How a $4 Flea Market Fund Uncovered a Valuable Piece of American History
In the summer of 1989, a man from Philadelphia stumbled upon an extraordinairy find in Adamstown, Pennsylvania in 1989. He paid $4 for an old, worn painting. He was not interested in the artwork itself, but in the gilded frame that seemed ripe for repurposing.
While attempting to dislodge the painting from its frame, a crack revealed a hidden sheet of paper tucked behind the canvas. Closer inspection revealed something far more valuable than any antique painting: an original printing of the Declaration of Independence.
This wasn’t just any copy. It was one of the rare Dunlap broadsides, the very first official printed editions of the Declaration, produced in Philadelphia on the night of July 4, 1776, by printer John Dunlap. These broadsides were sent out to rally support for independence, and only around 200 copies were printed. At the time of the flea market discovery, just 24 copies were known to exist. The newfound copy was remarkably well-preserved, making it one of the finest examples of this historic document.
The story of the Declaration's journey from a $4 flea market purchase to the auction block is as astonishing as the document itself. In 1991, Sotheby’s auctioned the Dunlap broadside for $2.42 million, a price that reflected not only its rarity but its exceptional condition. The document later sold again in 2000, this time for an extraordinary $8.14 million.
The find remains one of the most remarkable and fortunate historical dsicoveries to come from a flea market purchase.