If you are looking for one of the most famous numismatic coins in the world, here is the epitome. Not only is it incredibly valuable, but it is also well-known for its rarity. New members of the numismatic world may not have heard from the 1787 DBLN New York-Style Brasher Doubloon.
Coin lovers know that the finest examples could be the most expensive ones. This 1787 DBLN New York-Style Brasher Doubloon was not sold until 2021 for the whooping price of $9,360,000.00 with grade MS65.
Who acquired this coin before the auction?
It was Matthew Stickney the person who bought it back in 1848. He was indeed a pioneer numismatist. According to Heritage Auctions, the present 1787 DBLN New York-Style Brasher Doubloon has been offered publicly only two times since its last discovery.
On both occasions, it set a world record price, which says a lot about the importance of this marvel. Before it was auctioned in 2021, it was available from the Garret Collection in 1979.
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Its prize was surprising as well and it set an awesome record. The record price was $725,000. It took ten years to beat that record. Let’s delve into its importance in the history of numismatics.
1787 DBLN New York-Style Brasher Doubloon Coin importance
This coin could provide a great deal of headlines:
- “The World’s Most Famous Coin”.
- “The Finest-Known Example”.
- “An Absolute Rarity in the Numismatics field”.
- “Numismatics Marvel”.
The New York-style doubles are among the most distinctive features in the colonial coinage series. Besides, they are the earliest of the few private gold currencies and pre-federal samples.
Needless to say, it is also really important that the purpose of these 1787 DBLN New York-Style Brasher Doubloons was circulation.
Combining gold and currency can be another great asset for it. Most notably, it was produced to a high standard of both weight and purity.