The Brasher Doubloon
is a rare American coin, privately minted in and after 1787.
In 1787, Ephraim Brasher , a goldsmith and silversmith, submitted a petition to the State of New York to mint copper coins. The petition was denied when New York decided to not to get into the business of minting copper coinage. Brasher was already quite highly regarded for his skills, and his hallmark
(which he not only stamped on his own coins but also on other coinage sent to him for assay) was highly significant in early America. Brasher struck various coppers, in addition to a small quantity of gold coins, over the next few years.
One of the surviving gold coins, weighing 26.6 grams and composed of .917 gold, was sold at public auction for $625,000 in March 1981.
On January 12, 2005 Heritage Auction Galleries
sold all three varieties of Brasher Doubloons as part of their Florida United Numismatists U.S. Coin Auction, Platinum Night Session. The coins realized $2,415,000 for the New York Style EB Punch on Wing NGC AU55, and $690,000 for the rare but less iconic Lima Style Doubloon.<ref name="Brasher Doubloon Lima... Read More