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Auctioneer David Redden gavels closed the bidding for
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Auctioneer David Redden gavels closed the bidding for the Naismith Rules, the original rules for basketball, at Sotheby's, in Manhattan. (Dec. 10, 2010)(Credit: AP)

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Historic auction at Sotheby's

The original rules of basketball and a copy of the Emancipation Proclamation fetched millions at the auction.