James Watson will auction his Nobel Prize medal for charity. The Nobel Prize medal will be auctioned on December 4, Watson said in an announcement.
Watson won the prize in 1962 for his co-discovery of the double helix structure. It’s been over 50 years since he won the Nobel Prize and after James Watson will auction his Nobel Prize Medal, he as well as his colleagues Maurice Wilkins and Dr. Francis Crick intends to donate a portion of the proceeds to numerous charitable organizations and academic institutions.
Watson said he wants to donate a part of the money to the scientific organizations and universities that have helped him in his career. In a way, this makes his financial assistance a sort of tribute to the institutions. Some of the institutions that will receive money from James Watson are the Spring Harbor Laboratory, the University of Chicago, the Long Island Land Trust and the Clare College Cambridge.
Dr. James Watson said:
“I look forward to making further philanthropic gifts to Cold Spring Harbor Laboratory, the University of Chicago, and Clare College Cambridge. I will continue to do my part in keeping the academic world an environment where great ideas and decency prevail.”
This will be the very first time a Nobel Prize is sold by a living winner. The medal is expected to go for sale at a New York Christie’s auction house. The auction house forecasted that the Nobel Prize medal auction would gather a sum of anywhere between $2.5 million and $3.5 million.
The items up for auction could provide insights into the creative mind of Dr. James Watson and are described by Christie’s auction house as being “unique papers”. The other items in the auction also include the Dr. Watson’s 1962 acceptance speech of the Nobel Prize he gave at the banquet ceremony, handwritten by him. It is predicted that the items will sell for somewhere between $300,000 and $400,000.
In the course of his life, Dr. Watson has been a significant influence in the scientific discoveries field. He has been known for his persistence of sharing his knowledge as demonstrated by the many books he launched over the years.