Wednesday, April 17, 2013

It Will Be the Most Expensive Book Ever Sold

It's the Bay Psalm Book and it will be going to auction in November expected to get as much as $30 million.

From a piece on ABC News...

The Bay Psalm Book, which is the first book printed in what is now the United States, comes from the Old South Church in Boston, one of two copies of the book in its collection.

“One copy, the copy we are keeping, was bequeathed to us by our fifth minister, the Reverend Thomas Prince,” Nancy Taylor, Old South Church’s senior minister and CEO, told
Sotheby’s specialists used comparables to value the book.  “We have sold books as much as $11.5 million in the past, which are far less rare than this,” Redden said.  The last Bay Psalm Book was bought at a Sotheby’s auction in 1947 for $151,000 by Yale University.

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