Smith of Kirkaldy revealed “the primary and best basic of recent financial thought” in 1776.
It took the Enlightenment thinker almost ten years to jot down the guide at his mom’s house in Kirkaldy and earned him the title “Father of Fashionable Economics”.
The uncommon first version copy – which initially value £1 16 shillings – was one among two Smiths saved for Smith’s personal library, the opposite now misplaced.
This went underneath the hammer at Christie’s in London promoting worthwhile books and manuscripts, estimated at £500,000 to 800,000.
A bidding course of beginning at £380,000 was finally gained by an nameless phone bidder, who paid a hammer value of £750,000, which rose to £908,750 together with premium.
A 1776 letter by Smith to his writer fetched £137,500.
Christie’s head of gross sales Eugenio Donadoni mentioned the public sale offered “a novel alternative to acquire the creator’s personal copy of the foundational textual content of recent financial thought”.
He, who studied on the College of Glasgow and Balliol Faculty, Oxford, revealed his “Inquiry into the Nature and Reason for the Wealth of Nations” on the age of 52.