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Codex Sassoon acquired for ANU Museum of the Jewish People for $38.1 million
(JTA) – A 1,100-year-old Hebrew Bible became the most expensive book ever sold Wednesday when it drew a price of $38.1 million at auction at Sotheby’s in New York City.
The buyer of the item, known as the Codex Sassoon, was revealed to be the Museum of the Jewish People in Tel Aviv. The museum said Alfred Moses, a former U.S. ambassador to Romania, and his family provided the funds for the purchase.
The manuscript is the world’s oldest nearly complete copy of the Hebrew Bible. It was handwritten roughly 1,100 years ago on 792 pages of sheepskin, includes all 24 books of the Bible and is missing only about eight pages. Its writing and layout recall those of Torah scrolls read in synagogue.
The seller, Swiss financier and collector Jacqui Safra, had owned the volume since 1989. Speculation about where the book would end up led to anxiety that it might be sold to a private collector rather than a public institution that could put it on display.
Those doubts were put to rest when the museum, formerly the Museum of the Jewish Diaspora and also known as Anu, said the book would be part of its core exhibition.
“The Hebrew Bible is the most influential book in history and constitutes the bedrock of Western civilization. I rejoice in knowing it belongs to the Jewish people,” Moses said in a statement. “It was my mission, realizing the historic significance of Codex Sassoon, to see that it resides in a place with global access to all people.”
Just a handful of buyers competed for the book — in person at Sotheby’s and by phone — and the auction took less than six minutes. Ahead of the auction, Sotheby’s estimated that the item would sell for anywhere from $30 million to $50 million. The “gavel price” was $33.5 million, but with fees and premiums, the final price tag reached $38.1 million.
Since no book or historical document quite like it has been sold at auction for decades, the Codex Sassoon has earned comparisons to other foundational texts of civilization that have also commanded tens of millions of dollars. A copy of the first printing of the U.S. Constitution’s final text sold for $43.2 million in 2021. The Codex Leicester, a journal with writings by Leonardo Da Vinci, fetched $30.8 million in 1994. And a copy of the Magna Carta sold for $21.1 million in 2007.
“This is one of the rarest, unique, uniting documents that ever existed,” Irina Nevzlin, chair of Anu’s board of directors, told JTA. “For us to have it in the museum where it will be available for all those millions of people — this is something that can strengthen our roots and our identity, because it’s something eternal.”
She added, “We are the right home for it for so many reasons. Also for the fact that we’re based in Israel.”
The in-person auction attracted a standing-room-only crowd of onlookers, many of whom said they felt compelled to witness a transaction of immense significance in Jewish tradition.
“This is a historic moment,” said Elinatan Kupferberg, a scholar and writer from Lakewood, New Jersey. “This is the oldest Torah in existence. Whoever is going to own it next is going to change history.”
Kupferberg, who said his most precious books were those containing the handwritten notes of great rabbis, said he sometimes regrets when Jewish texts are bought by collectors because they will not be used in everyday study. Not so, he said, with this item.
“It doesn’t make me feel sad to see it behind glass because it was meant to be a reference work,” he said.
Sandra Gogel, who was in town from Paris, said she had hoped the Codex Sassoon would draw a higher price, and was surprised that bidding had closed so quickly. “33.5 is nothing to scoff at, but 50 would have been nice,” she said.
Gogel said she had traveled to London to see the Codex when it was on display there and was relieved that the book will end up on public display.
“I went to London to see it because I thought I might not see it again,” she said. She added, “I’m happy it will be Israel where everyone can see it… Everyone goes to Tel Aviv.”
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Some Tankers Cross Strait of Hormuz Before Shots Fired, Ship-Tracking Data Shows
A satellite image shows the ship movement at the Strait of Hormuz on April 17, 2026, in Space. EUROPEAN UNION/COPERNICUS SENTINEL-2/Handout via REUTERS
More than a dozen tankers, including three sanctioned vessels, passed through the Strait of Hormuz after a 50-day blockade was lifted on Friday, shipping data showed, before Iran reimposed restrictions on Saturday and fired at some vessels.
Reopening the strait is key for Gulf producers to resume full oil and gas supplies to the world, and end what the International Energy Agency has called the worst-ever supply disruption.
US President Donald Trump said on Friday Iran had agreed to open the strait, while Iranian officials said they wanted the US to fully lift its blockade of Iranian tankers.
Western shipping companies cautiously welcomed the announcements but said more clarity was needed, including on the presence of sea mines, before their vessels could transit.
IRAN RESUMES RESTRICTIONS
The ships that passed through the strait on Friday and Saturday via Iranian waters south of Larak island were mainly older, non-Western-owned vessels and included four sanctioned ships, according to ship-tracking data.
Iran arranged passage for a limited number of oil tankers and commercial ships following prior agreements in negotiations, a spokesperson for Iran’s Revolutionary Guards said.
Other ships have been seen approaching the strait and turning back as Iran said it would maintain strict controls as long as the US continues its blockade of Iranian ports.
The UK Navy reported on Saturday that Iranian gunboats fired at some ships attempting to cross the strait.
Some merchant vessels received radio messages from Iran’s navy saying the strait was shut again and that no ships were allowed to pass, shipping sources said on Saturday.
Ship-tracking data showed five vessels loaded with liquefied natural gas from Ras Laffan in Qatar approaching the strait on Saturday morning.
No LNG cargoes have transited the waterway since the US-Israeli war with Iran began on February 28.
Hundreds of ships have been stuck in the Gulf since the conflict started and Tehran closed the strait, forcing Gulf oil and gas producers to sharply cut production.
Top producers such as Saudi Arabia, the UAE, Iraq and Kuwait say they need steady tanker flows and unrestricted passage through the strait to resume normal export operations.
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Trump Greenlights Russian Oil to Ease Strain on Global Markets After War with Iran
US Treasury Secretary Scott Bessent in Washington, DC, US, March 27, 2026. Photo: REUTERS/Jonathan Ernst
i24 News – The Trump administration has authorized a 30-day emergency waiver allowing the maritime purchase of Russian oil, reversing a hardline stance in an effort to stabilize skyrocketing global energy prices.
The Treasury Department announced Friday that the license for crude and petroleum products will remain in effect until May 16, 2026, responding to intense pressure from international partners struggling with the fallout of the war with Iran.
This policy pivot comes as a surprise after Treasury Secretary Scott Bessent suggested earlier this week that no further exemptions would be granted:
“As negotiations with Iran accelerate, the administration seeks to ensure oil availability for those who need it most. We must prevent a total price collapse for consumers while the geopolitical situation remains volatile.”
Ensuring global oil availability is paramount for the US as over 80 energy facilities in the Middle East have been damaged by recent war with Iran. With the November midterm elections approaching, record-high fuel prices at the pump remain a primary vulnerability for the Republican party. By allowing Russian oil back into the maritime flow, the administration hopes to neutralize “pain at the pump” before voters head to the polls.
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UK: Islamist Group Claims to Attack Israeli Embassy with ‘Drones Carrying Radioactive, Carcinogenic Materials’
A UK man has been arrested for allegedly threatening a group of Jews while wielding an ax on Rosh Hashanah. Photo: Tony Webster / Wikimedia Commons.
i24 News – British police officers in protective clothing were seen investigating a “security incident” near the Israeli embassy in London on Friday, after a jihadist group put out a video showing it launching two drones allegedly carrying radioactive and carcinogenic materials toward the embassy.
“There is an increased police presence in Kensington Gardens and officers are assessing a number of discarded items. As a precaution, some of the officers who have been deployed are wearing protective clothing. We recognize this may concern local residents and the wider public,” police said in a statement.
“Counter Terrorism Policing London are aware of a video shared online overnight in which a group claims to have targeted the nearby embassy of Israel with drones carrying dangerous substances,” the statement further read. “While we can confirm that the embassy has not been attacked, we are carrying out urgent inquiries to determine the authenticity of the video and to identify any potential link between it and the items discarded in Kensington Gardens.”
The incident comes amid a steep hike in antisemitic attacks in Britain targeting Jewish and Israeli individuals and institutions.
The group that released the video was identified as Harakat Ashab al-Yamin al-Islamia, a shadowy entity with suspected ties to Iran. It has already claimed seven attacks against Jewish institutions, including an arson attack in London where four ambulances owned by the Hatzolah charity were torched.