Aintree Racecourse - home to the Grand National - has long been an institution of British horse racing, and now a Liverpool auction house will sell its original conveyance deeds.

The hallowed grounds at Aintree Racecourse

The conveyance deeds, which date to 1838, will be sold with a high estimate of £7,000 ($10,977) on March 5. They were signed just one year before steeplechasing was introduced at Aintree, though flat racing had been held at the course for years before.

Auctioneer John Crane commented: "It is a quite remarkable document. Leather bound, about two feet by 80 inches, these are the original deeds to the country's most famous racecourse."

The consignor inherited the document from his grandfather, who had himself acquired them following the bombing of a Liverpool solicitor during the second world war. While the tome still bears some of the scars from this bombing they remain in great condition, having been carefully maintained for more than 175 years.  

The document lists a number of the original shareholders in the racecourse, including some of Liverpool's most illustrious names.

Horse racing memorabilia remains extremely popular at auction, with Bonhams set to sell the 1931 Durban Gold Cup in its March 20 auction in London. Find out more about the value of horse racing memorabilia.

Paul Fraser Collectibles has sourced a selection of the finest horse racing collectibles, including Kauto Star racing silks signed by legendary jockey Ruby Walsh and one of Red Rum's horse shoes from the 1977 Grand National.