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1896 Chaucer book sells for $180,000

NEW YORK, Sept. 26 (UPI) -- An undisclosed phone bidder paid a New York auction house $180,000 Wednesday for an 1896 volume of Geoffrey Chaucer's work.

"The Kelmscott Chaucer," a pigskin-bound collection of works by the "Canterbury Tales" author is rare, with only 48 copies known to exist.

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The book, which features type and decorative borders designed by William Morris, was sold at the inaugural auction held at Bloomsbury Auction House in Manhattan.

Bidding opened at $60,000 in the standing-room only sale room, with 10 additional bidders on the phone.

"We were delighted to have such an important literary and art work a part of our first U.S. auction," Tommaso Zanzotto, chairman of Bloomsbury Auctions said in a statement. "Strong attendance at this first event demonstrates New Yorkers' passion for rare books and prints."

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