12-12-2011, 08:39 PM
(12-12-2011, 01:39 PM)Lady Cop Wrote:
An incredibly rare 200-year-old golden 'doubloon' has sold for $7.4million, one of the highest prices ever paid for a gold coin.
The 'Brasher' 1787 doubloon contains 26.66g of gold and is considered the first American-made gold coin denominated in dollars.
Its name comes from Ephraim Brasher, the goldsmith and neighbour of George Washington who minted the coin and whose trademark stamp was taken as proof of a coin's weight and fineness.
As the U.S. Mint in Philadelphia did not begin striking coins until the 1790s, the doubloon's huge historical significance saw it sell for the record sum.
The coin is marked with Brasher's 'EB' hallmark, which the highly-regarded goldsmith only stamped on his own coins.
For me, nothing beats a coin with this kind of historical value and connection. This is why I collect coins. In particular, the coins involved in America's Founding. Great find, LC.