Dec 132011

An ultra-rare 1787 gold Brasher doubloon has been sold for US$7.395 million, one of the highest prices ever paid for a gold coin.

Minted in 1787 by Ephraim Brasher, the coin portrays an eagle with an ‘EB’ counterstamp on the breast.

Image coutesy of American Numismatic Association. Click image for more info.

New Orleans numismatic firm Blanchard said recent research has established that it is the first American-made gold coin denominated in dollars and that it was struck to the same standard that was later adopted for all U.S. gold coins making it what is today considered the first truly American gold coin.

The coin is reported to have been purchased by an unnamed a Wall Street investment firm.


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