Custer's 'Last Flag' sells for $2.2 million

(AP) The only U.S. flag not captured or lost during George Armstrong Custer's Last Stand at the Battle of Little Bighorn in southeastern Montana sold at auction Friday for $2.2 million.
The buyer was identified by the auction house Sotheby's in New York as an American private collector. Frayed, torn, and with possible bloodstains, the flag had been valued before its sale at up to $5 million.
The 7th U.S. Cavalry flag — known as a "guidon" for its swallow-tailed shape — had been the property of the Detroit Institute of Arts, which paid just $54 for it in 1895. Continued

Pictured: "Custer's Last Charge (Library of Congress).