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Sweater knit by Myanmar's Suu Kyi sells for $50K

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December 27, 2012 10:52 PM EST | AP

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YANGON, Myanmar — A hand-knit woolen sweater made by Nobel laureate Aung San Suu Kyi has sold at an auction in Myanmar for almost $50,000.

A Myanmar-based radio station won a bidding war for the sweater during an auction Thursday night held by Suu Kyi's opposition party. The bidding started at $6,000.

Suu Kyi has not yet commented on the sale of the sweater – a red, green and blue V-neck – or explained its background. It sold for 41,500,000 kyat, or $49,000.

The auction was part of a fundraising concert organized by the National League for Democracy party to raise money for education of poor children in the impoverished country.

Suu Kyi, a 67-year-old former political prisoner, has become Myanmar's biggest celebrity as the country transitions from a half-century of military rule.