Bidding war for famous equation
A letter written by Albert Einstein in which he wrote out his famous E=mc2 equation has sold at auction for more than US$1.2 million (NZ$1.67m), about three times more than it was expected to fetch.
Archivists at the Einstein Papers Project at the California Institute of Technology and the Hebrew University of Jerusalem say there are only three other known examples of Einstein writing the world-changing equation in his own hand.
This fourth example, the only one in a private collection, became public only recently, according to Boston-based R R Auction, which had expected it to sell for about US$400,000 (NZ$557,000).
‘‘It’s an important letter from both a holographic and a physics point of view,’’ said Bobby Livingston, executive vice-president at R R Auction, calling the equation the most famous in the world.
The equation – energy equals mass times the speed of light squared – changed physics by demonstrating that time was not absolute, and that mass and energy were equivalent.
The one-page handwritten letter in German to Polish-American physicist Ludwik Silberstein is dated October 26, 1946. Silberstein was a well-known critic and challenger of some of Einstein’s theories.
‘‘Your question can be answered from the E=mc2 formula, without any erudition,’’ Einstein wrote in the letter written on Princeton University letterhead, according to a translation provided by R R Auction.
The letter was part of Silberstein’s personal archives, which were sold by
his descendants.
The buyer was identified by R R Auction only as an anonymous document collector.
The rarity of the letter set off a bidding
war, Livingston said. Five parties were bidding aggressively at first, but once the price reached about US$700,000 (NZ$975,000) it became a two-party contest, he said.