Hollywood Sign Los Angeles during the Golden Age of Hollywood, the sign became an internationally recognized symbol and was left there. Over the course of more than half a century, the sign, designed to stand for only 18 months, sustained extensive damage and deterioration. During the early 1940s, Albert Kothe (the sign's official caretaker) caused an accident that destroyed the letter "H". Kothe, driving while inebriated, was nearing the top of Mount Lee when he lost control of his vehicle and drove off the cliff directly behind the "H". While Kothe was not injured, his 1928 Ford Model A was destroyed, as
Hollywood Sign to buy the property for a discounted price of $12.5 million. On February 11, 2010, as part of a campaign to help raise money and with the full support of both the city and the Hollywood Sign Trust, the organization covered each letter of the sign with large banners reading "SAVE THE PEAK". On April 26, 2010, the Trust for Public Land announced it had raised enough money, with "Playboy" magazine founder Hugh Hefner stepping forward to donate the final $900,000. Hefner later gave an additional $100,000 donation. After the purchase, the parcel became an extension of nearby Griffith Park.