Showing 122 posts tagged value
One of 11 surviving copies of the first book printed in America is hitting the auction block later this year and is expected to fetch as much as $30 million, which would make it the most valuable book in history, Sotheby’s said on Friday.
The Bay Psalm Book was printed in 1640 in Cambridge, Massachusetts. It is being sold from the collection of Boston’s Old South Church to fund building repairs and sustain its ministry.
The church owns one other copy, and others are owned by Harvard and Yale universities and other institutions.
It is the first copy of the book to be offered for sale since 1947, when it achieved a record auction price for a book of $151,000. Sotheby’s estimated it will sell for $15 million to $30 million at its New York auction on November 26.
» via Yahoo! News
Politicians and university chiefs in Australia are keen to sell the benefits of ever more degrees, but the labor market isn’t buying it, according to a study that shows large numbers of overeducated workers.
Economists Ian Li and Paul Miller found that almost 50 percent of surveyed graduates were doing jobs that did not demand their qualification.
“There’s a huge number of graduates who are going into jobs that don’t require a high level of education,” said Li, from the University of Western Australia.
» via Inside Higher Ed