Auction house Nate B. Sanders in Los Angeles, which put the sketch on the market, was not surprised about the level of interest.
“This piece is rare — there is not a lot of artwork by presidents of the United States,” a representative from the auction house told Inside Edition.
The simple line drawing features Trump's gigantic signature in gold ink. The largest building in the sketch has a crown and represents Trump Tower.
In 2005, the largest building in the Manhattan skyline was the Empire State Building.
The opening bid for the sketch was $9,000. Trump drew the picture in 2005 for a charity auction benefiting literacy programs.