Brasher Doubloon Sells For Over $7 Million!

Hey Everybody!
A Euphraim Brasher Doubloon just sold via private transaction for over $7 million dollars! This is a record breaker for this coin, which is considered the pinnacle of
United States Numismatics. Blanchard and Company of New Orleans handled the sale of this unique coin which I will explain the details about below:

Ephraim Brasher was a goldsmith from New York in the late 1780's. He was well known for his work, and he put his counter-stamp on gold coins of the era. A merchant counter-stamp was when a merchant took a coin such a s a Large Cent, and stamped his business name, town, or occupation on the coin. These coins are highly collectible in today's numismatic field. Brasher counter-stamped gold coins of the era, and his counter-stamp was on the eagle's breast of the coin that just sold. That piece is unique, meaning it is the only one known. The coin sold for almost $3 million dollars in 2005 from Heritage Auctions. The other major variety is when Brasher put his counter-stamp on the eagle's wing, and these still bring incredible sums but there are more than just a mere 1 known.

Friends of mine at Kagin's out in California handled the coin. Kagin's is one of the premier numismatic dealers of the century and has an incredibly talented staff of people ranging from territorial gold experts to paper money, and I am glad to count them as close friends and colleagues in the field.

Until next time,
Matt Draiss
Matt Draiss Numismatics