Abe Lincoln signature bought for $50

BAKERSFIELD, Calif. - A Bakersfield, Calif. store owner is now sitting on a rare historical treasure. When you open up a trading store like Kameron Kephart did, you have to be prepared for all things strange.

A World War I-era foldable organ piano, a 40 million-year-old fish. Want a psychedelic JFK? Kephart has that too. But even Mr. "I Buy Anything" was stunned when a man walked into his store last month holding a piece of paper.

"He said, 'Hey. I inherited this from my grandmother. 'I need the money right now,'" said Kephart.

What was so special about this document?

"Abraham Lincoln's signature is right here," said Kephart.

That's right. It was signed by our nation's 16th president. The man claimed he found it in a family chest.

"I took a gamble on it, and I bought it and thought, you know, if it isn't real, it might look all right just hanging on the wall," said Kephart.

He bought the document for $50.

"I didn't know if it was real or not and neither did he," said Kephart.

But could this signature be as honest as Honest Abe himself?

"We got it authenticated and realized it was real. It was just shock and awe. They said at auction it's anywhere between $20,000 and $50,000," said Kephart. "The president who's on the $5 bill. I mean, he's really like a legend."

Kephart plans on displaying the executive document throughout his store among his other relics, unless someone makes him an executive offer.

"If they have the right amount of money, I will sell it. Don't get me wrong. I will sell it.," he said.

And Kephart said if he knew the document was worth that much, he would've paid thousands for it. He said similar documents are being sold on eBay for up to $100,000.


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