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Celebrated September 11 photo brings $89,000

NEW YORK (CNN) -- An autographed original print of a stirring and celebrated picture of three New York City firefighters raising the U.S. flag amid the ruins of the World Trade Center on September 11 sold for $89,625 at Christie's auction house Thursday.

Titled "Firefighters at Ground Zero -- September 11, 2001," the iconic photograph's estimated value was $3,000 to $5,000.

Stewart Rahr, president and CEO of Kinray Inc., a pharmaceutical company in Queens, bought the photo as a tribute to all those who lost their lives September 11. The photo will hang in the lobby of his office.

Proceeds from the sale will benefit two charities: The North Jersey Media Group Disaster Relief Fund, which assists approximately 400 families in northern New Jersey, and the Bravest Fund, a charitable organization established by the three firemen in the photograph.

The photograph is autographed by the three firemen and the photographer -- Thomas E Franklin.

"In the immediate aftermath of the World Trade Center attacks, there were few images as hopeful and healing as that of three firefighters raising the U.S. flag in the rubble of the World Trade Center," read a statement from Christie's photographs department.

The image has been compared to the famous World War II photograph of Marines raising the U.S. flag at Iowa Jima.




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