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A Rare Psalm Book Could be Sold for $30 Million

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A rare psalm book from 1640 could fetch between $15 million to $30 million at a Sotheby’s auction in New York.

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“It’s going to be far and away the most expensive book ever sold,” David Redden, vice chairman of Sotheby’s auction house, told ABCNews.com.

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 ABCNews.com.

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.

“One is so rare, no one could conceive of just owning one,” Redden said. “It’s the greatest rarity in the book world. Nothing is desirable as the Bay Psalm Book.”

Old South Church’s particular Bay Psalm Book is one of the best copies and in excellent condition, but what makes it incredibly sought after is its origin.

When the Bay Psalm Book was first printed, 1,700 copies were made, and few survive. “It would literally have been used to pieces by the early Puritans,” Redden said.

While the Bay Psalm Book is not on everybody’s lips, Redden expects that many institutions, such as Princeton or the University of Texas, and private book collectors would desperately desire to have one. However, he is certain that it will be an American buyer to win the auction.

“It’s a great story, the idea that in the middle of the wilderness the first Americans were able to produce a quite elaborate book,” Redden said. “It’s the first American book made in America.”

Old South Church is hoping to use profits from the sale to help pay for building repairs and support its ministries. The church will maintain ownership of its other 2,000 rare books and manuscripts.

Sotheby’s plans to give people many opportunities to see the hymnal and will exhibit it widely before its November auction.

“For people in the book world, this is an earthquake,” Redden said.

Source: ABCNews

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JUST IN: ECOWAS Lifts Sanctions On Mali

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ECOWAS countries
ECOWAS Countries

ECOWAS Countries

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US President, Donald Trump, Wife Test Positive For Covid-19

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Donald Trump and Melania
Donald Trump and Melania

Donald Trump and wife, Melania Trump

President of the United States, Donald Trump, and his wife, Melania Trump have both tested positive for COVID-19.

The President took to his official Twitter handle on Friday to make this announcement.

Trump was last seen in public on Thursday afternoon, returning to the White House after a fundraising trip to New Jersey.

Also Read: What I Told Trump When He Accused Me Of Killing Christians – Buhari

On Thursday, he announced that his aide, Hope Hicks tested positive for the virus which has killed over 1 million people around the world.

He further revealed that he and the first lady had taken the test and waiting for the results before announcing the outcome on Friday.

 

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Mali: N’Daw, Coup Leader Goita Sworn In As President, VP

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President of Mali, N'Daw, coup leader, Goita
President of Mali, N'Daw, coup leader, Goita

President of Mali, N’Daw, coup leader, Goita

Retired Army Colonel, Bah N’Daw has been sworn in on Friday as the interim president of Mali and he is to head a transitional government following last month’s military coup in the country.

The swearing-in ceremony held in the country’s capital city of Bamako, where Colonel Assimi Goita, who led the military junta, was also sworn in as interim vice president.

This administration is to lead the government for a maximum of 18 months before organising national elections.

Also Read: Buhari Attends Virtual ECOWAS Extraordinary Summit Over Mali Crisis

It will be recalled that the country’s military executed a coup last month (August 18) which successfully removed the nation’s president, Ibrahim Boubacar Keita from office.

Former President of Nigeria, Goodluck Jonathan, attended the ceremony alongside other members of the ECOWAS mediation team.

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