Nation

Pawned Nobel prize to be auctioned

NEW YORK — A 1936 Nobel Peace Prize discovered at a South American pawn shop is heading to the auction block.

The prize will be auctioned March 27 in Baltimore.

The 23-karat relic weighs 222.4 grams, which in today’s market would make it worth $9,168 for the gold alone.

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The 1936 Nobel Peace Prize recipient was Argentina’s foreign minister, Carlos Saavedra Lamas, who was honored for his role in negotiating the end of the Chaco War between Paraguay and Bolivia.

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In the decades after his death, the whereabouts of the piece ‘‘fell into darkness,’’ said John Kraljevich, a specialist in historical medals.

Associated Press