The papers failed to sell at auction because of the high price and because the physical papers did not confer publication rights to the work, which were held by the Truman Capote Literary Trust. Subsequently, the New York Public Library reached an agreement to buy the papers and archived them in its permanent Truman Capote Collection.
A set of papers failed to sell at auction due to their high price, as well as because they did not grant the necessary rights to publish the work, which were held by the Truman Capote Literary Trust. The New York Public Library later formed a partnership to acquire the papers and safeguard them in its permanent Truman Capote Collection.