Rare Map Sells for Record $1 Million; It Is Among the First to Name 'America'

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LONDON (AP) - A nearly 500-year-old map from the first set to identify the New World as "America" and depict the Pacific Ocean was sold Wednesday for a record $1 million, an auction house said.

The printed map, one of only four known surviving examples produced by a group working under German cartographer Martin Waldseemueller, was bought by Charles Frodsham and Co. Ltd., a company that makes, collects and deals in items ranging from clocks to maps and books, Christie's auction house said.

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Rare Map Sells for Record $1 Million; It Is Among the First to Name 'America'

Christie's said the $1 million price - $880,000 plus auctione...

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