The Brasher Doubloon, the first gold coin struck in the U.S., is being offered privately at a $15 million asking price, according to numismatic adviser Jeff Sherid. Most replicas are not gold. In 1787, a goldsmith from New York named Ephraim Brasher made his own gold coins. CAC. 1787 [1861] Robinson copy of Brasher's Doubloon Obverse: NOVA [cinquefoil] EBORACA [cinquefoil] COLUMBIA [cinquefoil] EXCELSIOR [cinquefoil] Reverse: UNUM * E PLURIBUS [cinquefoil] 1787 [cinquefoil] [with an EB counterstamp on the eagle's wing]. ), the sale is being marketed by Jeff Sherid, owner of Los Angeles’ PCAG Inc., who identified the owner as a former Wall Street executive. We might permanently block any user who abuses these conditions. Thus the Lima doubloons, sometimes thought to have been a later fabrication, are now considered to be the original work of Brasher and predate the 1787 coins. The first legal tender US coins were issued in America in 1792, a full 16 years after the Declaration of Independence. US Brasher Doubloon 1787 The gold doubloons of Ephraim Brasher, EB, a neighbor of George Washington, are certainly interesting and famous pieces of Americana. 1786 Lima Style Brasher Doubloon The First Circulating Gold Coin Struck in the United States MS61, W-5820, The Finer of Two Examples Known Ex: Newcomer-Garrett 1786 DBLN Brasher Lima Doubloon MS61 NGC. Historians believe it may have been intended for circulation, though some theorize it could have been a prototype or souvenir. About 1787 Brasher Doubloon MS Wing Punch Colonial & Post-Colonial Coinage. 1787 New York Brasher Doubloon, MS63 Only Pre-Federal American Gold Coin, W-5840 Finest-Certified Example of This Classic Rarity The Discovery Coin, Ex: Gilmor, Newlin, Davis, Brand 1787 DBLN Brasher Doubloon, EB on Wing, W-5840, MS63 NGC. National Numismatic Collection specimen 2. Deals in the $4 billion U.S. rare-coin market are often done privately with prices kept mum. This story has been updated with the correct images of the 1787 Brasher Doubloon. His firm, Los Angeles-based PCAG Inc., is marketing the coin on behalf of a collector he would only identify as a former Wall Street executive. The doubloons were the equivalent to $15 in New York Currency. If you have a gold replica, it is worth several thousand dollars. Obverse of the original 1787 Brasher Doubloon Reverse of the original 1787 Brasher Doubloon Though nowhere near as expensive as the $10 million insured value of the finest certified original doubloon, the reproductions will contain roughly 0.85 ounce of .999 fine gold worth about $1,130. One of the most famous American coin issues. Although we do not pre-screen comments, we reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable to us, and to disclose any information necessary to satisfy the law, regulation, or government request. Minted by Ephraim Brasher, a goldsmith and neighbor of George Washington, the coin contains 26.66 grams of gold—slightly less than an ounce. The Brasher Doubloon was made by Ephraim Basher, a New York City goldsmith and silversmith, in the late 18th Century. The soon-to-be president almost certainly handled it, according to longtime numismatist John Albanese, founder of Certified Acceptance Corp., a coin-grade verification service. 1787 Copper Nova Eborac (“New York”), Large Head variety, one of the finest of only a few dozen known. A 1787 Brasher, EB Punch on Wing gold doubloon graded PCGS Mint State 63,CAC, has changed hands in a private transaction for more than $5 million. W-5820. Copyright 2009 to 2020 CoinQuest.com, all rights reserved.   &nbps;   The coins realized $2,415,000 for the New York Style EB Punch on Wing NGC AU55, $2,990,000 for the unique New York Style EB Punch on Breast NGC XF45 and $690,000 for the rare but less iconic Lima Style Doubloon. 1787 Brasher Doubloon, first U.S. gold coin,…, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window), 1787 Brasher Doubloon, first U.S. gold coin, could fetch $15 million, LA County steps up rollout as Dodger Stadium test site switches to vaccines, Chipotle hosting nationwide career day Thursday, seeks 15,000 new hires, Annual gadget show in Vegas pivots online, a hall of mirrors to the future. In New Orleans, Louisiana, Rex Krewe made small aluminum discs which he named mardi gras doubloons. Add to Wishlist; Related Products. Goldsmith Brasher issued his coins during the 16 years between 1776 and 1792.The few genuine specimens known to exist are worth tens (or hundreds) of thousands of US dollars. The auction record for a single coin was set in 2013, when a 1794 Flowing Hair silver dollar sold for $10 million. In 1787, Brasher began making gold coins, presumably to be used as currency for the soon-to-be-formed republic. If you see comments that you find offensive, please use the “Flag as Inappropriate” feature by hovering over the right side of the post, and pulling down on the arrow that appears.   &nbps. I bought an old jewelry box at an auction. Uncertainty surrounding the coin’s original purpose adds to its mystique. This rare 1787 Brasher Doubloon is valued at $10 million. GET BREAKING NEWS IN YOUR BROWSER. SKU: EAC-125 Categories: Early American Coins, Post Colonial America. How much are my U.S. 1787 Brasher Doubloon business strike Wing Punch Pre-Federal Issues worth? 1787-2011 EB Brasher Half Doubloon Commemorative NGC (.999 Fine) Rollover to zoom. 1787 New York Style Doubloon, EB punch on wing, sold for $2,415,000 at FUN 05 The following is a complete roster of the seven known "Doubloons" The following six coins all have the "EB" hallmark punched over the eagle's wing: 1. Originally worth about $15, it went on to sell for $625,000 in 1981, $2.99 million in 2005 and $7.4 million in 2011. Or, contact our editors by emailing moderator@scng.com. The first legal tender US coins were issued in America in 1792, a full 16 years after the Declaration of Independence. CLICK HERE TO TURN ON NOTIFICATIONS. One of the world’s most coveted coins is coming to the market. NGC slabs Brasher doubloon. We provide a side-by-side picture below to help you compare your coin to known genuine and fake examples.If you think you might have a real one, contact one of the well known coin authentication services PCGS, NGC, ANACS, or ICG. Discussion in 'What's it Worth' started by chicoj, Mar 11, 2012. chicoj New Member Hi, I have a coin 1787 Brasher Doubloon Robinson copy I think it's cooper or brass, anyone can tell me how much can be the value of this coin. Ephraim Brasher’s prominence as an assayer, his skill and his integrity contributed much to … 1787 Copper Nova Eborac, Small Head variety, less than a dozen known and closely linked to the Brasher Doubloons. The coin also has a place in pop culture. In 1861 by Alfred Robinson of Hartford, Connecticut struck 50 copies of the Brasher doubloon (25 in copper and 25 in brass) using dies made by Joseph Merriam of Boston. Sorry, your blog cannot share posts by email. 1787 N York Excelsior, Indian/Eagle on Globe design, one of the finest of only about 14 known. The Brasher Doubloon will probably become the first $100 million coin someday, Albanese predicts. Brasher Doubloons are extremely rare gold coins privately produced around 1787 by New York goldsmith Ephraim Brasher who wanted to get a contract to operate the mint for the new United States government. The doubloon is dated 1787 — 11 years after the Declaration of Independence was signed, the same year the Constitution was written and five years before the federal mint opened in Philadelphia. The first U.S. gold coin – the 1787 “Brasher Doubloon” – is being privately offered to the collector market for the first time in half a decade. The 1787 Brasher Doubloon has been called the Holy Grail of American coins. Private eye Philip Marlowe hunted it in Raymond Chandler’s 1942 novel “The High Window” and a subsequent movie version. Possibly to stimulate interest in his proposed coinage, Brasher issued his famous gold doubloons. The 1787 Brasher Doubloon was the first gold coin struck in the US and represents one of the most important pieces in America’s numismatic history. Authentic Brasher Doubloon's were worth around $10,000 to collectors in 1942, according to the novel. CAC. Underneath the lining was a 1787 Brasher Doubloon coin. Do not use other services. Description Reviews (0) Description. &nbps;   It is identical to the ones I have looked up. They were minted on gold flans and weigh about 408 grains or about 3/4 troy ounce of gold (a troy ounce is 480 grains). The Brasher Doubloon will probably become the first $100 million coin someday, Albanese predicts. Worth … Look them up on the Internet. Here is some history around the 1787 Brasher Doubloons. Non-golden coins are worth much less with cheap replicas not even worth $1. Add to cart. The gold doubloons of Ephraim Brasher, EB, a neighbor of George Washington, are certainly interesting and famous pieces of Americana. Virtually every specimen you see today is a replica. “If you talk to coin nerds and old-time experts, I’m guessing they’d all say the Brasher Doubloon is the greatest coin ever because of the history,” Albanese said. The original gold coin is one of the most expensive coins in the world with only six or seven coins known to still exist.   &nbps;   Seven of them remain and are … What is believed to be the finest known Brasher doubloon worth $10 million was certified by the Numismatic Guaranty Corporation of … The front has the EB stamp on the left (viewers left) wing. The...known specimens...are the size of a Spanish doubloon (or 8 escudos piece), weighing approximately 408 grains or 39.4 grams, and, when issued, were worth about [$15]. Both are extremely rare, and examples are worth … Originally worth about $15, it went on to sell for $625,000 in 1981, $2.99 million in 2005 and $7.4 million in 2011. Some call it the most important and most valuable coin in the world. Show Catalog Details Brasher struck two types of doubloons: a 1786 Lima-Style Doubloon and a 1787 New York-Style Doubloon. It is among the rare coins and medals that will be on display at ANA's World's Fair of Money in Philadelphia. The example in … It has the rising sun over the mountain range on the back with the VERY SMALL name of Brasher at the bottom of the water line. The front of the coin shows a state seal with a … With an asking price of $15 million US (more than $20 million Cdn. Seven examples survive but the others, including one in the Smithsonian, are stamped on the eagle’s wing rather than in the middle. The current owner paid an undisclosed sum in a 2015 private transaction. The 1787 New York Brasher doubloon is in a class of its own, and has been acknowledged as the most important and valuable coin in the world by such luminaries as Henry Chapman and Q. David Bowers. We invite you to use our commenting platform to engage in insightful conversations about issues in our community. Struck in New York by gold and silversmith Ephrain Brasher, who was a neighbor and friend of George Washington in New York. Metalsmith Ephraim Brasher, George Washington’s next-door neighbor on New York’s Cherry Street, privately minted a small batch of the coins and punched this unique version with his hallmark “EB” on the eagle’s breast. Ephraim Brasher's 1786 Lima style doubloon is one of the most elusive and enigmatic issues of early American coinage. The gold pieces Brasher made were valued at $15 in New York currency at the time, the approximate value of a contemporary Spanish doubloon, which was worth 16 Spanish dollars. The Brasher Doubloon is a rare American coin from 1787 and the first gold coin made for the United States. The 1787 New York Brasher doubloon is in a class of its own, and has been acknowledged as the most important and valuable coin in the world by such luminaries as Henry Chapman and Q. David Bowers. It became known as the Brasher Doubloons which is now one of the rare American coins. Brasher's Gold Doubloon, 1787 quantity. The current owner paid an undisclosed sum in a 2015 private transaction. Post was not sent - check your email addresses! Currently Out of Stock (1) Your purchase will match the quality of the product shown. Until then, mostly Spanish coins supported commerce. Click the button below for catalog-specific information about this item. The value of the Brasher doubloon gold coin was initially $16 but researchers later on showed it was erroneous and the doubloon was actually worth $15 at the time of its issue. 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