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FILE - This photo provided by Sotheby's in New York shows The Culbertson Guidon from the 1876 Battle of the Little Bighorn. On Friday, Dec. 10. 2010, the swallow-tailed 7th U.S. Cavalry flag, known as a "guidon," is expected to bring up to $5 million at an auction at Sotheby's in New York. (AP Photo/Sotheby's, File)

Custer's 'Last Flag' sold at auction for $2.2 million to private collector

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BILLINGS, Mont. (AP) -- After spending much of the last century in storage, the only U.S. flag not captured or lost during Custer's Last Stand at the Battle of Little Bighorn sold at auction Friday for $2.2 million.

The buyer was identified by the New York auction house Sotheby's as an American private collector.

Frayed, torn, and with possible bloodstains, the flag from one of America's hallmark military engagements had been valued before its sale at up to $5 million.

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