Australia’s Magna Carta: precious document bought in 1952 for £12,500 now worth $35m

Plans to have historic 1297 edition back on display in Canberra by the end of next year have been revealed

Australia’s 1297 edition of Magna Carta, bought in 1952 for £12,500, is now worth $35m.

The precious document, the “foundation stone of constitutional and parliamentary government”, is in storage at Parliament House in Canberra while a new display case is built.