Most expensive film reel
- Who
- Abraham Zapruder
- What
- 16000000 US dollar(s)
- When
- 16 July 1999
A 26 second reel of 8mm cine film which captured President John F. Kennedy's assasination in Dallas, USA, on 22 November 1963, was valued at $16 million (£10 million) by an arbitration panel. The US Government was ordered to pay the amount, the equivalent to $615,384 (£384,615) per second, to the heirs of Abraham Zapruder, for taking his footage into the National Archives.
Zapruder died in 1970, leaving his children as the legal owners of the film which the Government had held for 36 years. Government lawyers originally offered just $1 million (£1,600,000). The film decision was made on the day John F. Kenedy Jnr was killed in a plane crash, but its announcement was delayed out of respect for his family.
The film was donated by Zapruder's family to the Sixth Floor Museum at Dealey Plaza, an “educational and permanent historic exhibit that examines the life, times, death and legacy of President John F. Kennedy within the context of American history”.