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 not to get into the business of minting copper coinage. Originally worth about $15, it went on to sell for $625,000 in … History. The Brasher Doubloon will probably become the first $100 million coin someday, Albanese predicts. Its stratospheric price set records as the highest paid for an NGC-certified coin at auction, the highest price paid for any gold coin at auction and the highest price paid for any coin sold by Heritage at auction. From that firm, he acquired his Brasher doubloon in 1848 and his 1815 half eagle in 1851. One of the most famous American coin issues. the brasher gold half doubloon coin struck in 2011 based on the original unique piece in the smithsonian numismatic collection (and one of the few coins in the mint cabinet collection still left on display due to its importance) was made using a special minting process … Coin Highlights: Contains .424 oz of .999 fine Gold. Some call it the most important and most valuable coin in the world. He also established strong contacts at the Philadelphia Mint, where he traded some rare colonial coins for his Class I 1804 dollar in 1843, possibly the most famous numismatic transaction in history. This 2011 Private Issue was minted by Gallery Mint in commemoration of Ephraim Brasher’s 1787 Half Doubloon and encapsulated in an NGC holder. Shop 1787-2011 EB Brasher Half Doubloon Commemorative NGC (.999 Fine) Gold About Uncirculated NGC and more authentic and unique collectibles coins at Amazon's Collectible Coins Store. There also exists a unique 1787 New York half doubloon which is currently housed in the Smithsonian Collection in Washington, D.C. It is a fairly good imitation of the Peruvian doubloons which circulated during the latter half of the 18th century. The coin was described as an 8 escudos doubloon dated (1)742 struck from dies similar to those of the min in Lima, Peru, and counterstamped by Ephraim Brasher. The Brasher Doubloon is a rare American coin, privately minted in and after 1787. 1787 Brasher Doubloon. The 1787 Brasher Doubloon — a gold coin minted privately by goldsmith and silversmith Ephraim Brasher — earned $9.36 million at Heritage Auctions this past January. The 1787 Brasher Doubloon — a gold coin minted privately by goldsmith and silversmith Ephraim Brasher — earned $9.36 million at Heritage Auctions this past January. The example in … March 31, 2021. Historic 1822 Half Eagle Gold Coin Sells for Record-Breaking $8.4 Million. NGC encapsulation authenticates and protects the condition of the coin. Struck in New York by gold and silversmith Ephraim Brasher, who was a neighbor and friend of George Washington in New York. The doubloons were the equivalent to $15 in New York Currency. Find many great new & used options and get the best deals for 1787 Brasher Half Doubloon Gem MS69 (2011 Restrike, .999 Gold) at the best online prices at eBay! Interestingly, barrons.com reader Stephen Donnelly did the math to determine the compound return for a $5 coin that would eventually sell for $8.4 million. The 1787 ‘EB’ on Wing New York-Style Brasher Doubloon graded NGC MS 65★ that realized $9.36 million is the highest-graded of these exceptionally rare coins. The Brasher Doubloon set includes the Brasher Doubloon with the stamp EB on the wing and the unique Brasher Half Doubloon in 24k gold plated lead-free fine pewter. 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