Australia’s Magna Carta: precious document bought in 1952 for £12,500 now worth $35m

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Plans to have historic 1297 edition back on display in Canberra by the end of next year have been revealed

Australia’s 1297 edition of Magna Carta, bought in 1952 for £12,500, is now worth $35m.

The precious document, the “foundation stone of constitutional and parliamentary government”, is in storage at Parliament House in Canberra while a new display case is built.