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Lost Handwritten Draft of MLK’s ‘I Have a Dream’ Speech to Fetch Over $10 Million at Christie’s

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The only known handwritten final draft of the Rev. Dr. Martin Luther King Jr.’s “I Have a Dream” speech has resurfaced after more than six decades, and it is heading to auction at Christie’s New York in January, where it is expected to fetch more than $10 million.

Christie’s announced the sale on 9 November 2026. The seven-page manuscript, written by King in blue ink on yellow legal pad pages, will be offered as a single lot on 22 January 2027 under the title “I Have a Dream: Dr. Martin Luther King Jr.’s Final Draft.” The auction house has not published a formal estimate, saying only that an estimate is available on request and that the document is expected to generate in excess of $10 million. Proceeds will benefit several charities, including the Xernona Clayton Foundation and The King Center in Atlanta, Georgia.

Written in the early hours of 28 August 1963

King completed the draft at about 4 a.m. on 28 August 1963, in his room at the Willard Hotel in Washington, D.C., after hours of writing and editing and days of discussion with his advisers. Later that day he delivered the speech at the March on Washington, standing on the steps of the Lincoln Memorial before a crowd of about 250,000 people.

The pages carry edits and cross-outs that offer a rare glimpse of King’s writing process. Perhaps the most striking detail is what the draft does not contain: the words “I have a dream” appear nowhere in it. King added the famous refrain spontaneously while he was delivering the speech, departing from his prepared text.

Found in a desk drawer

The manuscript was long assumed to have been discarded. Instead, it had been kept among the papers of Edward T. Clayton, King’s trusted speechwriter and editor and head of public relations for the Southern Christian Leadership Conference, who helped compose the speech.

Clayton’s widow, the civil rights leader and broadcaster Xernona Clayton, first came across the pages in the late 1990s, inside an envelope labelled “speech” in her late husband’s desk drawer. She came upon them again about two years ago and, with the support of Christie’s and her adviser Eddie Bridgeman, had the pages identified as the only known handwritten final draft of the speech.

Peter Klarnet, Christie’s manuscripts specialist, said that when he first saw the document, his jaw hit the table — a reaction reported by the New York Times. Scholars who have reviewed digital scans say the draft closely matches the final typescript while showing heavy edits that may offer new insight into how King built the address.

A public tour before the sale

Before the auction, the public will be able to see the manuscript for the first time. It will be displayed at the National Center for Civil and Human Rights in Atlanta from 16 to 22 November 2026, and then in Chicago at a date to be announced. From 15 January — King’s birthday — to 21 January 2027, it will be on view at Christie’s New York at 20 Rockefeller Plaza, ahead of the single-lot sale the following day.

The sale comes at a moment when historic American manuscripts continue to command extraordinary prices, and the King draft is among the most significant civil rights documents ever to reach the market. Like the Booker Prize, which this year went to the oldest winner in its history, the auction is a reminder that a single document can still reshape how a landmark moment in history is understood.

For the charities set to benefit, the sale is also a practical one: the proceeds will support the work of the King Center, founded by King’s widow, Coretta Scott King, and the foundation bearing Xernona Clayton’s name — a fitting end for pages that spent decades out of sight in a desk drawer.

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