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On Monday, April 29, 2013 the Metropolitan Museum of Art in New York and the Israel Museum in Jerusalem announced that they had come together to jointly acquire the Mishneh Torah. A rare 15th century illuminated Hebrew manuscript, the Mishneh Torah features text from Moses Maimonides, a Jewish writer and philosopher from the Middle Ages. The Met and the Israel Museum have agreed to exhibit the Torah at both institutions on a rotating schedule.

Created in 1457, the Mishneh Torah is the second of a two-volume manuscript and features six large illustrations and 32 smaller images in the style of Northern Italian Renaissance miniature painting. The Vatican owns the first volume of the manuscript. The Mishneh Torah was restored at the Israel Museum’s conservation lab and has been on loan to the institution since 2007.

The Mishneh Torah was to be the leading item at an auction of the collection of Michael and Judy Steinhardt on Monday at Sotheby’s. The manuscript, which was expected to bring between $4.5 million and $6 million at auction, was purchased by the museums before the sale began. Sotheby’s has declined to reveal how much the two institutions paid for the Mishneh Torah.

Michael Steinhardt, a hedge fund manager and philanthropist, and his wife, Judy, have amassed a renowned Judaica collection, which includes silver and decorative objects, textiles, and fine art. Steinhardt said, “The acquisition of this remarkable manuscript by the Israel Museum and the Metropolitan Museum of Art is poetic given Judy’s and my longstanding involvement with both institutions; it is particularly meaningful that this event marks the first significant collaboration between the two museums.”

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