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Document belonging to Margaret Thatcher discovered in garage set to be auctioned for $125,000

Document belonging to Margaret Thatcher discovered in garage set to be auctioned for $125,000

Historic Document Found in British Garage

A 50-year-old document detailing Margaret Thatcher’s ascent to power was recently unearthed in a garage in Britain. This revelation was made public by Deep South Media on October 13, coinciding with what would have been Thatcher’s 100th birthday.

The document, which is set to be included in an auction at the Duke of Dorchester on January 29, 2026, is anticipated to sell for up to £100,000, roughly translating to about US$125,000.

The letter, found in a cardboard box and originating from Somerset, belonged to Sir Edward du Cann, a former Conservative Party member. It is a nomination document personally signed by Thatcher, indicating her agreement to run for the Conservative Party leadership.

Addressed “Election of Conservative Party Leader,” the letter is dated February 11, 1975, and includes Thatcher’s words: “I consent to be nominated,” signed on January 27, 1975. This moment marked the beginning of her journey to leadership, which led to her becoming Prime Minister in 1979.

According to separate records from the leadership contest, Thatcher won by a margin of 146 votes, with the runner-up, William Whitelaw, receiving 79 votes.

The collection associated with this document also features Du Cann’s notes and various correspondence related to the leadership campaign, including exchanges with former Prime Minister Edward Heath and then-Prime Minister Harold Wilson. Documents from this pivotal period provide an extensive overview of Thatcher’s rise to political prominence, which spanned over 11 years and included three general election victories.

The auctioneer, Guy Schwinge, described the collection as “very historically important.” He emphasized that Thatcher was a trailblazer whose philosophy, commonly referred to as Thatcherism, left a lasting impact on Britain. Schwinge noted the significant “chemistry” she shared with leaders like Ronald Reagan and Mikhail Gorbachev, suggesting it played a role in events like the fall of the Berlin Wall and the conclusion of the Cold War. There’s considerable belief that both collectors and institutions worldwide will show interest in this extraordinary document.

An anonymous source expressed excitement about the find, calling it “absolutely sensational,” despite acknowledging there’s no precedent for its kind. It’s worth noting that auction watchers believe the final selling price could very well exceed the estimated £100,000.

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