Three hundred and seventy-three years ago, when the chief Puritan “divines” of the young Massachusetts Bay Colony printed their own translation of the Bible’s Book of Psalms, they prided themselves on importing the continent’s very first English printing press and establishing the colony as a cultural and educational center.
What they were certainly not anticipating — the little books sold for 20 pence apiece — was that next Tuesday, Sotheby’s will be auctioning off one of the 11 surviving copies of the Bay Psalter for between $10 and $30 million dollars. In that expected price range, it will be the most expensive book ever sold in public.
A Puritan might read this extraordinary markup as an example of God’s unknowable Providence. An economist might cite the laws of supply and demand. Either way, the blockbuster sale of “The Whole Book of Psalmes Faithfully Translated into English Meter” caps a fascinating seesaw act of American theology and marketplace. And depending on who wins the auction, it may say a bit more.
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