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Historic 1787 Brasher Doubloon Offered By Heritage Auctions At FUN

November 25, 2013 in Antique Coins, Auctions, Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Rare Coins, USA Coins

November 25, 2013 By Coin Update (http://news.coinupdate.com)

The Newlin-Davis-Perschke specimen 1787 Brasher Doubloon will be offered by Heritage Auctions at the 2014 Florida United Numismatists Convention in Orlando. The rare American gold coin has been seen in public relatively few times since Chicago coin dealer Walter Perschke purchased it in 1979 for a then-record $430,000. It is graded NGC MS  63 with CAC grade approval and is described as the finest certified of the seven known Brasher Doubloons.

“It will be offered without reserve during our Platinum Night auction session on January 8, 2014.  We expect it will bring $5 million or more and set a new record as the most valuable early American gold coin — and third most valuable of any U.S. coin — ever sold at auction,” said Jim Halperin, Co-Chairman of Heritage Auctions.

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