LONDON — An auction house in the Channel Islands has cancelled the auction of a vial containing dried blood residue said to be of former U.S. President Ronald Regan.

The PFC Auction house says the item will instead be donated by the seller to the late president’s foundation for display.

Reagan’s family, his foundation and his surgeon had criticized the proposed sale as an invasion of his privacy.

The foundation Thursday expressed appreciation for the decision.

Online bidding on the item had reached about $30,000 when the sale was suspended. It had been set to conclude Thursday evening.

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