The translation of Biblical psalms "The Bay Psalm Book" was printed by Puritan settlers in Cambridge, Massachusetts in 1640 and will be offered at a one-lot auction by Sotheby's in New York.
The auction house has valued the book at USD 15-30 million.
The current world auction record for a printed book is USD 11.5 million, reached when a copy of John James Audubon's "Birds of America" sold at Sotheby's in December 2010.
"'The Bay Psalm Book' is a mythical rarity. Unseen on the marketplace for more than two generations, it has become too rare to collect," said David Redden, head of Sotheby's books.
Redden said the volume had even greater significance than being the first book printed or written in America.
"This little book of 1640 was precursor to Lexington and Concord, and, ultimately, to American political independence. With it, New England declared its independence from the Church of England," he said.
There were 1,700 copies of the original 1640 edition. The eleven that have survived until today are in collections such as The Library of Congress in New York and Harvard College Library.
No copy has appeared at auction since 1947, when a different copy fetched USD 151,000 - a record at the time for any book, including the Gutenberg Bible or Shakespeare's First Folio.
The book was sold by the Old South Church in Boston to benefit its work in the historic city's area. The same church possesses another copy of the "Bay Psalm Book.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
