The manuscript is the world’s oldest nearly complete copy of the Hebrew Bible. It was handwritten roughly 1,100 years ago on 792 pages of sheepskin.
The items fetched a total of $202 million, making the auction the largest jewelry sale in history.
Multiple auction houses have held sales of Nazi memorabilia in Australia and around the world in recent years.
The jewels were acquired by German department store tycoon Helmut Horten who, during the Nazi era, "purchased Jewish businesses that were sold under duress."
The museum is allowing the public to view the Codex Sassoon for free while it is in Israel.
A US auctioneer wanted to sell pants Rabbi Haim Kanievsky wore "for a long time" but took it down after media queries. Some buyers demand it be put back up.
A man in India collected over 1,200 coins in 45 years - and sold his collection for a quarter of a million dollars.
The bidding at the Prime Judaica auction house, in Lakewood, New Jersey, begins March 1.
The copy is a handwritten adorned copy of the Guide of the Perplexed in which Maimonides interpreted the Hebrew Bible.