Lot 159
Hughes, Howard (1905-1976) American businessman, movie producer, and aviator, best remembered for being an eccentric, reclusive billionaire in his later years. Letter of Credit document signed ("Howard R. Hughes"), 1 page, 8½ x 11 in., Moscow, U.S.S.R., 9 July 1938. Accompanied by a typed letter from the Amtorg Trading Corporation, stating in part: "My dear Mr. Hughes: We are enclosing herewith Letter of Credit, together with four (4) copies translated in Russian, which you will present to the authorities at the airdromes whenever you make a landing in the U.S.S.R…. You are to keep one Russian copy and the English copy with you…" Also included is a small American flag which is said to have been carried on Hughes' 1938 around-the-world flight and a legal-size envelope addressed "To Whom It May Concern, Airdrome, Moscow, U.S.S.R." and postmarked July 10, 1938, New York City. The envelope has "Howard Hughes Goodwill Flight" and a Russian airmail stamp beneath the cancelled U.S. stamps. In July 1938, Hughes and a crew of four circumnavigated the globe in only three days and 19+ hours. They were given a ticker-tape parade down Broadway upon their return. Items related to Hughes' 1938 flight are rare.
Estimated Value $1,500 - 2,500
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| Realized $1,560 |
