E-Land will have the first gold medal for the Nobel Prize in Economic Sciences ever to be sold at auction.
The E-Land Group announced on March 1 that it had the winning bid for the Nobel Prize gold medal awarded to the economist Simon Kuznets, which had been sold at the Nate D Sanders Auctions in California.
Kuznets was awarded the prize in 1971 for his actual analysis of the theory of a national income and the statistics of a national income.
He was the first to introduce the concept of gross domestic product (GDP), which is used all over the world today.
An E-Land Group representative said, “E-Land has been collecting the world-class level of valuable articles, which have value of possession, in various sectors for a long time. It will both encourage young scholars longing for a Nobel Prize in academia and give an opportunity for children to dream, who are the future of the country. In the long-term perspective, the company is securing precious assets that will be the cultural heritage of humanity.”
The E-Land Group is planning to build 10 to 15 museums by sector in the theme cities of the future, and will display the Nobel Prize in one of them.