The Bay Psalm Book that will go on auction is one of two copies owned by the Old South Church in Boston.
When the Bay Psalm Book was first printed in Cambridge, Massachusetts, 1,700 copies were made and few have survived.
One of the 11 remaining copies of the rare book is predicted to sell between USD 15 million to USD 30 million when it goes under the hammer in New York on November 26.
"Of inestimable significance, The Bay Psalm Book is not simply one of the great icons of book history, it is one of the greatest artifacts of American history," said Selfy Kiffer, International Senior Specialist in Sotheby's Special Projects department.
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The Bay Psalm book is a translation of the original Hebrew psalms into English by the Puritans who settled in Massachusetts Bay.
As early as 1636, the Puritans were discussing the need for a translation that would more exactly articulate the Hebrew text.
The leading scholars and ministers of Massachusetts Bay determined therefore to produce a new metrical translation.
Their paraphrase, based on contemporary English translations but with close attention given to the original Hebrew, was the work of several men who represented the greatest minds of colonial New England at the time, including John Cotton, Richard Mather, and John Eliot.