BILLINGS, Mont. — The only American flag not captured or lost during George Armstrong Custer’s Last Stand at the Battle of Little Bighorn sold at auction yesterday for $2.2 million.
The buyer was identified by the auction house Sotheby’s in New York as an American private collector. Frayed, torn, and with possible bloodstains, the flag had been valued at up to $5 million.
Since 1895, the Seventh US Cavalry flag — a swallow-tailed banner known as a guidon — had been the property of the Detroit Institute of Arts, which paid just $54 for it.