Harvard Bought a Copy of the Magna Carta for $27 and It Could Be Real
Harvard Law School recently discovered a treasure that had been hiding in its library for decade. Two British academics say that a copy of the Magna Carta in the Ivy League university's possession is the real deal. The school bought the copy in 1946 from a London bookseller for $27.50 (approximately $485 when adjusted for inflation). But the scholars say this is an original manuscript dated to the year 1300, which would easily make this Antiques Roadshow-like find worth millions.
The last known sale of an original Magna Carta manuscript took place in December 2007, when a 1297 edition was sold at auction by Sotheby's for $21.3 million. It had previously been owned by Texas billionaire Ross Perot and was purchased by David Rubenstein, co-founder of the Carlyle Group. That particular copy was one of only four known 1297 versions in private hands and is now on display at the National Archives in Washington, D.C.
Prior to Harvard's discovery, there were only 25 known surviving original copies of Magna Carta, with only three located outside of England. The manuscript sold in 2007 was the only one owned by a private individual and the only one located in the United States at that time. None were expected to be sold again—until now, a newly identified 1300 version has surfaced at Harvard, potentially altering that count.
The Magna Carta, which means 'Great Charter' in Latin, was first signed in 1215 as was a declaration of rights forced on England's King John by his barons, establishing the principle that no one is above the law. Though many of its clauses were specific to medieval feudal disputes, it introduced ideas like due process and limited government that influenced later legal systems. Its legacy shaped the U.S. Constitution and Bill of Rights, particularly in protections for individual liberty and the rule of law. The Magna Carta went through six iterations before the last original manuscripts were published in 1300.
The manuscript in Harvard's possession was confirmed as authentic after spectral imaging revealed features matching six known 1300 originals, including identical text, dimensions, and distinctive handwriting details. 'I was trawling through all these online statute books trying to find unofficial copies of the Magna Carta…and I immediately thought, 'My God, this looks for all the world like an original of Edward I's confirmation of Magna Carta in 1300,' though, of course, appearances are deceptive,' David Carpenter, one of the two British academics behind the discovery and a professor of medieval history at King's College London, told The Guardian.
While researching for a book from his home in southeast London, Professor Carpenter made the discovery when he came across a file in Harvard Law School's digital archives. Carpenter then brought in a colleague, Nicholas Vincent, a professor of medieval history at the University of East Anglia, to help authenticate the manuscript. Vincent underscored in an interview with the New York Times that the document—which established that rulers must follow the law—reemerged just as Harvard University and other institutions of higher learning face intense pressure from the Trump administration.
'In this particular instance we are dealing with an institution that is under direct attack from the state itself,' Vincent told the NYT. 'So it's almost providential it has turned up where it has at this particular time.'
You Might Also Like
12 Weekend Getaway Spas For Every Type of Occasion
13 Beauty Tools to Up Your At-Home Facial Game
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Engadget
an hour ago
- Engadget
Apple reportedly has a 'stripped-down' AI chatbot to compete with ChatGPT in the works
Apple has fallen far behind in the competitive market of AI-powered chatbots, but it may have a plan for an in-house option that aligns with the company's "not first, but best" philosophy. According to Bloomberg 's Mark Gurman, Apple created a team called "Answers, Knowledge and Information" earlier this year that's tasked with developing a "stripped-down rival to ChatGPT." Forming this team represents a major change in direction from Apple's earlier stance on artificial intelligence when the company partnered with OpenAI in 2024 to infuse Siri with ChatGPT instead of developing its own AI chatbot. Now, Gurman reported that this new Apple team will instead develop in-house AI services for a "new ChatGPT-like search experience" that can crawl the web to respond to questions. These new capabilities could be a standalone app, as well as support AI capabilities for Apple's Siri, Spotlight and Safari, according to Gurman's sources. The team is reportedly led by Robby Walker, who previously oversaw Siri, and has been advertising job openings that mention wanting experience with search algorithms and engine development. Beyond the Answers, Knowledge and Information team, Apple has experienced some growing pains when it comes to artificial intelligence. Earlier this year, the company said it would delay the release of the new-and-improved Siri, adding only that it would roll out "in the coming year." However, Apple is aware of the need to accelerate its Apple Intelligence program to stay competitive. In the latest third-quarter earnings call, the company's CEO Tim Cook said that Apple is open to acquisitions to fast-track its AI roadmap.


CNBC
5 hours ago
- CNBC
Robotaxis are becoming a reality. Who's poised to win in China and beyond
After years of testing, robotaxis are starting to become a normal part of transportation in certain parts of the U.S. and China, where a handful of companies are competing to become market leaders. In the U.S., Alphabet's Waymo has pulled ahead of its rivals and says it has more than 1,500 robotaxis on the road conducting more than 250,000 paid weekly trips in cities including San Francisco, Los Angeles, Phoenix and Austin, Texas. Tesla has just gotten started in Austin . In China, there are proibably about 2,000 robotaxis, primarily operated by a few local companies across the country's larger cities, according to Barclays estimates published last week. The British bank forecasts at least 300,000 robotaxis will be deployed in China by 2030, accounting for at least 5% of on-demand transportation in larger cities. China's capital Beijing has allowed robotaxi operators to charge fares for rides in a suburb since late 2021 . Shanghai in late July became the latest region to allow fully autonomous taxis to charge fares in parts of the city . Pony AI unique U.S.-listed Chinese startup Pony AI is so far the only robotaxi operator in the country that can charge the public for fares in parts of all four of China's largest cities: Beijing, Shanghai, Guangzhou and Shenzhen. The company hasn't disclosed how many cars it has running, but claims each car receives an average of 15 orders a day. "We believe this milestone [in Shanghai] demonstrates Pony's technological and operational readiness in [the] robotaxi business," Bank Of America analysts said in a report last week. "Pony will scale up its Robotaxi fleet size and see improving profitability, given better economies of scale and unit profitability," the analysts said. Bank of America rates the stock a buy, and gives the American depositary receipts a price target of $21, or more than 60% upside from Friday's close. Improving safety Pony AI Chief Technology Officer Tiancheng Lou said in a late July interview that his focus now is on improving safety, speeding up the ability to hail a robotaxi and cutting costs. The company has started testing its latest-generation robotaxi vehicles in Beijing, claiming to have slashed the cost of the parts needed to build its autonomous driving kit by 70% . Pony AI is set to report its next quarterly results on Aug. 12. Pony's U.S.-listed rival WeRide last Thursday said that its robotaxi revenue in the second quarter rose to a a record $6.4 million . Morgan Stanley rates WeRide a buy, but expects shares to "remain event-driven and show more volatility" subject to robotaxi developments in China and overseas. The bank does not cover "We believe progress in global development of robotaxis will expedite the pace of China's development/rollout of L4 AD/robotaxis," the Morgan Stanley analysts said, adding they do not think legacy global automakers and legislators in major economies "will risk missing out on the transition to vehicle autonomy, particularly after losing ground to China on EVs." Waymo expansion While Waymo has only just begun expanding internationally, entering the Japanese market, Chinese robotaxi operators are already pushing into Europe and the Middle East. WeRide claims it's the only company with autonomous driving permits in Saudi Arabia, China, the UAE, Singapore, France and the U.S. Outside China, WeRide said it has already started pilot operations in Riyadh with Uber Technologies . In mid-July, Chinese internet tech company Baidu reached a deal to offer its Apollo Go self-driving vehicles on the Uber ride-hailing platform, aiming for the Middle East and Asia later this year. The U.S. and mainland China, where ride-hailing app Didi acquired Uber's business, are not part of the deal. Apollo Go's pricing on Uber will likely compare to that of human drivers on Uber, Bank of America analysts said in a separate report last month. "Therefore, we think value in [the] overseas market could be multiple times higher than China, hence its profitability overseas could have much larger room." Bank of America rated Baidu a buy, with a $100 price target. Baidu is set to report results on Aug. 20. Baidu breakeven Barclays estimates that Baidu is probably already breaking even on its robotaxis in the Chinese city of Wuhan, excluding research and investment costs. Most Chinese robotaxi operators are also close to breaking even, the analysts said. "Being able to design and build cheap robotaxi models is the single largest reason why we think Chinese players are likely to reach [unit economics] breakeven (excluding R & D and other headquarters costs) by the end of 2025," the Barclays analysts said. The bank estimates each Waymo car currently costs $200,000, Baidu's Apollo RT6 costs about $37,000, newest vehicle runs at about $42,000 and WeRide slightly more. —CNBC's Michael Bloom contributed to this report.


Fox News
6 hours ago
- Fox News
I'm Gen Z and many in my generation lost faith in the American Dream. Prove them wrong
Gen Z is on the verge of opting out. Not out of laziness — out of disillusionment. We've inherited a roadmap that no longer leads anywhere, and for many of us, the American Dream feels more like a bedtime story than a blueprint for life. I know this because I almost walked away from it too. But I didn't. And now I'm building the tools to make sure others don't have to. I'm 23 years old, a first-generation American. My parents came here from China in the late '90s, carrying little more than hope and an oversized suitcase. They believed — maybe more than anything — that hard work meant opportunity. They didn't have much, but they had that belief. And through discipline and what I now recognize as unimaginable sacrifice, they carved out a life that gave me the freedom to dream bigger than they ever could. That dream led me to pave my own way. I started investing in 2nd grade with a custodian account I begged my parents to open. I dropped out of high school to build and sell my first company, a virtual reality startup. I then found myself starting Harvard at the height of the pandemic. From my dorm room, I participated in the COVID investing boom -- memestocks, crypto, super-star fund managers… I embraced it all. And the eventual collapse of the mania inspired me to take action. I dropped out to build dub, a fintech platform to help all Americans invest with more clarity and confidence. In many ways, I'm living proof that the American Dream is still possible. But I know I'm an outlier. And unless we make bold changes — fast — my generation will stop believing it's even worth trying. We recently partnered with Harris Poll to ask Americans how they really feel about their financial future. What we found is sobering. Sixty percent of Gen Z no longer believe a traditional 9-to-5 job will get them to their financial goals. Forty-three percent say side hustles are essential. Forty-one percent believe you have to be an entrepreneur just to make it. And something that hit me hard: only about half of Gen Z still sees owning a home as a meaningful financial milestone. For many of us, success isn't a white picket fence. It's paying off debt. Supporting our parents. Having breathing room. The old roadmap — graduate, get a job, buy a house — sounds like fiction in today's economy. I'm living proof that the American Dream is still possible. But I know I'm an outlier. And unless we make bold changes — fast — my generation will stop believing it's even worth trying. This isn't laziness. It's adaptation. We're rising costs, shrinking wages, and an education system that never taught us how money works. We're the "FinTok Generation" — 62% of us turn to social media for financial advice. Not because it's ideal — but because it's all we've got. We didn't grow up with financial advisors. So we take what we can get — TikToks, Reddit threads, group chats. And we're not just passively watching. Sixty percent of Gen Z is already investing outside of retirement accounts. Sixty-five percent believe that's our best shot at building wealth. But only 17% of Americans say they actually feel confident in how the stock market works. We're out here trying. But we're often guessing. And the tools we're using? A mixed bag. Seventy-two percent of Americans believe fintech has made investing more accessible — and it has. But too many of those platforms profit off confusion. They push people toward options trades, meme stocks, FOMO bets. That's not investing. That's gambling in a suit. I built dub to flip that script. Instead of blindly investing, dub lets users copy the trades of real investors with real investing strategies. No hype. No TikTok influencers peddling the next billion dollar meme coin. Just transparency, long-term investing, and real expertise. And it only takes $100 to start. We're actually not re-inventing the wheel. We're democratizing what the wealthy already have: access to expertise. Rich people don't DIY their investments — they hire fancy wealth managers and invest with elite hedge funds. We're making that experience available for all Americans. You no longer need wealth to build wealth. Anyone can now outsource the hard work of investing in a single tap. But this isn't just about dub. It's a wake-up call to every company building for Gen Z. We're tired of being monetized to the brink. Tired of platforms profiting from the very confusion they create. Tired of watching tools that could empower our generation instead exploit us for short-term gains. It's why I built dub: to prove that mission-driven companies can create a brighter, more optimistic future — not just for shareholders, but for entire generations. If even 1% of Americans learn to invest better, we begin to show that anyone, from any background, can participate in the greatest wealth engine ever created: the American stock market. Why do I call out other industry leaders? Because I've lived the alternative. My family came to Detroit with $10,000 a year and lived in section 8 housing — and today, I'm building one of the fastest-growing investing platforms in New York City. That's the American Dream. And it shouldn't stop with me. But to keep it alive, we need to build differently. We need to stop creating products that amplify the worst of human nature and profit off the confusion of my generation. We need tools that give Gen Z a reason to believe again — in the system, in themselves, and in the future of this country. We're redefining the Dream. I'm here to lead the way. But I can't do it alone. Here's how we unlock the American Dream for Gen Z in 2025. 1. Build the right tools. Tech companies must stop profiting off risky behavior. Build tools that feel native to Gen Z, but nudge us toward long-term investing, not YOLO bets. 2. Teach financial literacy like it's life or death — because it is. Start from the moment our children can read. Teach compounding. Teach ownership. Teach debt and credit. These are not electives. They're survival skills. 3. Make ownership the new norm. Let every American feel — not just hear — that they're part of this country's wealth engine. When we own a piece of innovation, we believe in its future. If Gen Z stops believing in the American Dream, we don't just lose a generation. We lose the future of this country. But I believe we're not beyond repair. When Gen Z sees a real path — we take it. We grind. We build. We help each other up. But if the path stays hidden or rigged, we'll stop walking it altogether. And we'll build a different one instead. The American Dream made me. Now I'm working to make sure I'm not the last.