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Walt Disney’s Disneyland Investor Pitch Map Fetches $708,000 at Auction

Walt Disney's "presentation map," which the late animation entrepreneur drew in the 1950s to attract investors, sold for $708,000.

(July 17, 2015) Ð Mickey Mouse and his friends celebrate the 60th anniversary of Disneyland park during a ceremony at Sleeping Beauty Castle featuring Academy Award-winning composer, Richard Sherman and Broadway actress and singer Ashley Brown, in Anaheim, Calif. on Friday, July 17. Celebrating six decades of magic, the Disneyland Resort Diamond Celebration features three new nighttime spectaculars that immerse guests in the worlds of Disney stories like never before with "Paint the Night," the first all-LED parade at the resort; "Disneyland Forever," a reinvention of classic fireworks that adds projections to pyrotechnics to transform the park experience; and a moving new version of "World of Color" that celebrates Walt DisneyÕs dream for Disneyland. (Paul Hiffmeyer/Disneyland Resort)

Walt Disney’s “presentation map,” which the late animation entrepreneur drew in the 1950s to attract investors to the idea for his legendary theme park “Disneyland,” sold for $708,000 at an auction of Disney memorabilia on Sunday.

The price set a record for a Disney map and was among the highest ever paid for a piece of Disney ephemera at auction, organizers said. Still, it fell short of the predicted $900,000.

“After some pretty exciting bidding, the map sold for $708,000, making it the most expensive Disneyland map ever sold,” said Mike Van Eaton, co-owner of Van Eaton Galleries.

“We are beyond thrilled that the map will continue to be appreciated and cherished just like it has been for all these years,” he said.

The buyer was not revealed.

The map was one of the highlights of some 700 lots at the “Collecting Disney” auction, held by Van Eaton Galleries in Los Angeles. The sale of items drawn mostly from private collections was expected take in between $2 million and $3 million.

Disney co-founded an animation studio in 1923, which eventually grew into a feature film production studio with films such as Snow White and the Seven Dwarfs, Bambi, and Cinderella. He died in 1966 aged 65.

The Walt Disney Company (DIS) is now one of Hollywood’s top players, producing live action and animated feature fare.