Record price for a world map

World map. 1507. Sold for $1 million .

A world map that counts nearly 500 years from the first set to identify the New World as «America» and gives a picture of the Pacific Ocean was sold Wednesday for a record $1 million on Christie’s London.

The map, one of only four known surviving examples printed by German cartographer Martin Waldseemueller in 1507, was bought by Charles Frodsham and Co. Ltd., a company that makes, collects and deals in items ranging from clocks to maps and books.

The $1 million price – $880,000 plus auctioneer’s premium – is the highest amount ever paid for a single-sheet map at an auction. The map was expected to fetch from $900,000 to $1.46 million.

It was the first map in the world to indicate the Cape Horn and both North and South America. The work depicts a land mass labeled «America» that corresponds to part of South America.

Published in: on June 9, 2005 at 6:21 am  Leave a Comment  

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