Rare 1787 gold coin fetches $7.4M

mrearlygold · December 11, 2011 11:32PM

Rare 1787 gold coin fetches $7.4M
NEW ORLEANS (AP) — An exceedingly rare 1787 gold Brasher doubloon has been sold for $7.4 million, one of the highest prices ever paid for a gold coin.

Blanchard and Co., the New Orleans-based coin and precious metals company that brokered the deal, said the doubloon was purchased by a Wall Street investment firm. Identities of the buyer and seller were not disclosed.

Rare 1787 gold coin fetches $7.4M

TheBigB · December 11, 2011 11:40PM

I wouldn't buy a Brasher doubloon without a CAC sticker either.

AnkurJ · December 11, 2011 11:46PM

This was already posted.

DuPapa · December 11, 2011 11:47PM

johnny9434 · December 12, 2011 5:53AM

that sure is big money.

PQueue · December 12, 2011 7:41AM

mrearlygold
Have you ever handled a Brasher Doubloon during your career?

ambro51 · December 12, 2011 8:14AM

...on a sideline, I learned that in this case the name rhymes with joe "Frazier".

EagleEye · December 12, 2011 10:37AM

I remember being in attendance when the finest known "punch on wing" coin sold in the Garrett sale and members of the Brasher family were there as well. That was when it was made known that we had been pronouncing it wrong.

Rare 1787 gold coin fetches $7.4M

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