IN SCHOOL

World’s most expensive book sells for $14mn in New York

The first book printed in what is today the United States of America sold for $14 million at auction in New York on Tuesday, becoming the world's most expensive printed book.

The translation of Biblical psalms "The Bay Psalm Book" was printed by Puritan settlers in Cambridge, Massachusetts in 1640 and sold at a one-lot auction in just minutes by Sotheby's.

Bidding opened at $6 million and closed swiftly at a hammer price of $12.5 million, rising to $14.165 million once the buyer's premium was incorporated.

The book, with its browning pages and gilt edges, was displayed in a glass case behind the auctioneer to a relatively small crowd who attended the less than five-minute auction in person.AFP

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