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The Codex Sassoon is more than 1,000 years old, dating from the late 9th or early 10th century, and sold for $38.1 million at Sotheby's in New York on Wednesday.
The winning bid for the Codex Sassoon was made via a donation by Alfred H. Moses in New York.
The 1,100-year-old Codex Sassoon sells at auction for $38m - a record for handwritten text.
The near-complete Hebrew Bible edged out a volume by Leonardo da Vinci as the most expensive sold at auction ever.
The Codex Sassoon is one of only two manuscripts, containing all 24 books of the Hebrew Bible to have survived into the modern era.