Historic Pearse letter set to fetch €1.5m - and could leave Irish shores
A letter penned by Pádraig Pearse calling for the 1916 rebels to put down their arms is expected to fetch up to €1.5m when it goes to auction this week.
But according to the managing director of Adam's auctioneers, James O'Halloran, there was a high chance it could leave Irish shores.
"We've had a considerable amount of interest, particularly from abroad, so we're concerned about that. It's a pity," he said.
"If it doesn't sell it's in all likelihood going to leave Ireland."
The State decided not to intervene in attempting to buy the letter, which was signed and dated April 30, 1916.
The letter's current owner bought it for €800,000 in 2005.
Adam's auctioneers valued it at between €50,000 and €80,000 back then. The Irish State made a counter offer of €10,000.
It eventually sold for 10 times what it was originally valued at, and the State went as high as €350,000 to get the important historical letter - before being outbid by its current owner.