Last Updated on 11/30/2005 by bidz
Fri, Nov. 25, 2005
Returns often great for rare texts
By Colleen DeBaise
Dow Jones Newswires
“NEW YORK – More people are turning to the Bible as a safe refuge from a struggling stock market and rising inflation, pouring large sums of cash into rare 1611 King James Bibles, centuries-old Matthew-Tyndale Bible leaves, Hebrew scrolls, prayer books and other ancient liturgical texts.
At Sotheby’s Western Manuscripts sale in London in June, a three-volume, 13th century Bible in Latin with prologues attributed to St. Jerome sold for $1.8 million, and an 11th century Bible sold for $164,081, well above the estimate.”