The vial said to contain a sample of the late President Ronald Reagan’s blood has been withdrawn from sale by an online auction house.
The Ronald Reagan Presidential Foundation had expressed outrage over the auction, in which bidding had reached over $30,000.
Guernsey-based PFC Auctions said in a statement that the vial would now be donated to the Reagan foundation.
The foundation said it was pleased the blood would stay “out of public hands”.
The vial said to contain a sample of the late President Ronald Reagan's blood has been withdrawn from sale by an online auction house
PFC Auctions, based on Guernsey in the British Channel Islands, said in a statement that the seller they were representing had bought the blood at a public auction in the US in February 2012 for $3,500.
The seller had now agreed for the item to be withdrawn from sale and donated to the foundation in “a considerable financial gesture”, it said.
According to the auctioneers, the seller is a “serious collector of presidential memorabilia” who did not think the Reagan foundation had any interest in the blood that he had bought.
The re-auction had “highlighted the importance of this historical artefact” the anonymous seller told them.
“I would personally be delighted to see this important artefact put on public display by the foundation,” the seller said.
The lot included a letter of provenance from the original seller who said their late mother worked at the laboratory which carried out blood testing for George Washington University Hospital after Ronald Reagan was shot in 1981.
Ronald Reagan, who went on to serve two terms as president, died at the age of 93 in 2004.
Ronald Reagan Foundation has expressed outrage after a vial said to contain the former US president’s blood was put on sale in an online auction.
British-based PFC Auctions says the blood sample was taken from Ronald Reagan after the failed 1981 assassination attempt against him.
The PFC website put the latest bid for the vial at £6,270 ($9,910) on Tuesday.
John Heubusch, executive director of the foundation, said that, if true, it would fight to stop “this craven act”.
“If indeed this story is true, it’s a craven act and we will use every legal means to stop its sale or purchase,” he said.
British-based PFC Auctions says the blood sample was taken from Ronald Reagan after the failed 1981 assassination attempt against him
John Heubusch said the hospital where Ronald Reagan had been treated had assured the foundation that an inquiry was under way into “how something like this could possibly happen”.
PFC Auctions, based on Guernsey in the British Channel Islands, displayed a picture of the vial on its website bearing a label showing the president’s name.
The lot includes a letter of provenance from the seller who says their late mother worked at the laboratory which carried out blood testing for George Washington University Hospital after Mr Reagan was shot.
“These articles have actually been in my family’s possession since… the day that President Reagan was shot in Washington DC,” the letter reads.
Ronald Reagan suffered a punctured lung and internal bleeding when he was shot by John Hinckley Jr. outside the Washington Hilton Hotel.
John Hinckley Jr. was later found not guilty by reason of insanity and is being treated at a psychiatric hospital.
Ronald Reagan, who went on to serve two terms as president, died at the age of 93 in 2004.
