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Largest private collection by an individual
This is super cool, it would make for an amazing exhibit paired with an interactive audio/video tour. Having said that, I seriously doubt this is the largest collection in the world by any measure.
i've visited a number of private telephone collections and Don's is absolutely massive by any standard. i can't do it justice, nor can any photo album. but he has, among other treasures, some highlights from my memory:

  - autovon equipment
  - several generations of digital switches
  - electromechanical switches too
  - loads and loads of paper documents on compact shelving
  - bell labs prototypes
  - phones that i never knew existed
  - the first switch from Sprint's long distance network
i sincerely hope that he finds homes for all his collection.
Just imagine 8,000 sq feet of display area, and, as far as I know, there is also a living area there, like a house inside this warehouse. The price is very reasonable and I would buy it if it was not so far away from me.
It is, unfortunately, on a side-road in Corsicana, TX, which is not exactly a tourist draw. The neighborhood, while perfectly fine, would tend to scare off people who weren't used to industrial areas.
Where did you see the price listed?
Inside info. I am just a secret fan who wishes he had this building in his backyard. Hopefully some crypto baron realizes the historical significance of this collection and buys this marvel for the chump change