Remember that Martin Luther King, Jr. auction at Sotheby's we mentioned earlier in the week? Yeah, scratch that. While you can still go and check out the exhibition until the 29th (we called and double-checked) the auction itself has been called off.

Though the papers were expected to sell for between $15 and $30 million dollars, a surprise high bid from a "coalition of businesses, individuals and philanthropic leaders led by Atlanta Mayor Shirley Franklin bought the collection from the King family for an undisclosed amount." The papers will now be housed at King's alma mater, Morehouse College.

So congrats are in order to Morehouse College for its bid, it is a fitting place for the papers to end up, though we were kinda looking forward to some off-the-hook bidding. In the meantime you can still go and see the collection for yourself until next Sunday. Or, as we've said before, just check out the spiffy catalogue.

Photograph from the Sotheby's MLK, Jr. catalogue (PDF).