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Rare 1787 Gold Coin Fetches $7.4m

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okiepb's Avatar
United States
1213 Posts
 Posted 12/12/2011  1:22 pm Show Profile   Bookmark this topic Add okiepb to your friends list Get a Link to this Message Number of Subscribers
WOW!

http://news.yahoo.com/ap-exclusive-...2110448.html

I wish I had that kind of money to enhance my collection.

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vermontensium's Avatar
United States
16677 Posts
 Posted 12/12/2011  2:53 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I don't have the Brasher in my Colonial type set and probably never will I suspect :)
The closest I ever got to it was about 1 foot away at the Los Angeles ANA show.
He was behind bullet proof 2" plexi-glass with numerous armed guards nearby.
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yankee1227's Avatar
United States
1151 Posts
 Posted 12/12/2011  3:10 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
A beautiful coin! Never heard of Brasher before, now I've got some research to do...
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Litotes's Avatar
Norway
510 Posts
 Posted 12/12/2011  3:45 pm  Show Profile   Bookmark this reply Add Litotes to your friends list Get a Link to this Reply
$7,4 million? My word! That is close to the $7,5 million record set by the 1933 double eagle. Second most expensive I have ever heard about. But perhaps I have missed something - anyone else heard of even higher prices?
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vermontensium's Avatar
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 Posted 12/12/2011  3:58 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
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yankee1227's Avatar
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 Posted 12/12/2011  4:01 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
Thanks Dave! Looks to be very interesting.
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coincollect1's Avatar
Canada
1731 Posts
 Posted 12/12/2011  4:58 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
WOW
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rachums107's Avatar
United States
3345 Posts
 Posted 12/12/2011  7:19 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
@Litotes-I believe the 1933 DE was at $7.59 million was the most expensive coin to ever be sold.
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Conder101's Avatar
United States
17884 Posts
 Posted 12/13/2011  11:15 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
@Litotes-I believe the 1933 DE was at $7.59 million was the most expensive coin to ever be sold.

1933 double eagle sold for 6.6 million, 7.59 million with juice.

The Brasher sold for 7.4 million, no juice.

The record for an actual sale is the Carter specimen of the 1794 dollar, 7.85 million no juice.

The record for the highest bid was 8 million for a 1000 Mohur gold coin. There was no sale because the reserve was 10 million. If the seller had decided to go ahead and take the bid it would have been 9.5 million with the juice.
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akane17's Avatar
United States
404 Posts
 Posted 12/13/2011  12:24 pm  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
How much does your net worth have to be to be able to afford a 7 million dollar coin?

And even on a smaller scale, how much would you have to have in the bank to say "I'm going to buy a $10k-$100k-$1M coin?"
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vermontensium's Avatar
United States
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 Posted 12/14/2011  5:10 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Here was the Brasher and myself a couple years ago at the ANA show in L.A.

Notice the $15 dollar designation...

Rare-1787-Gold-Coin-Fetches-$7.4m
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Edited by vermontensium
12/14/2011 5:12 pm
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Ambro's Avatar
United States
66 Posts
 Posted 12/14/2011  5:25 pm  Show Profile   Bookmark this reply Add Ambro to your friends list Get a Link to this Reply
That is one fabulous coin.
I remember a number of years ago a Metal Detectorist here in the states found A British Gold Coin from the 1700's that had Brashers EB stamp on it.
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RealPeso's Avatar
United States
426 Posts
 Posted 12/14/2011  10:02 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
Awesome coin and great history to it!

Anyone know by any chance why it's called or designated a "doubloon" ?

Doubloons weighed 6.7668 grams were 0.8750 gold with a 0.1904oz AGW.

The brasher on the other hand is a whopping 26.6 grams and .917 gold which is way larger than a the traditional doubloon.

Just wondering.
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