Trafalgar war flag sells for USD 636,300

The last known surviving Union Jack to have been flown at the Battle of Trafalgar has sold to an American flag collector for $636,300, more than 20 times its estimated price, media reported on Thursday.

The flag, riddled with holes and with a faint scent of gunpowder, was sold by an Australia-based descendent of Lieutenant James Clephan who was presented with the flag by the crew of the HMS Spartiate that fought in the 1805 battle.

The flag, which spent years in a drawer of a Sydney house, had been expected to fetch up to £15,000 pounds at an auction in London on Trafalgar Day

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