Monday, 16 April 2018

First gold coin struck in the US changes hands for $5m

A 1787 New York Brasher Doubloon has sold in a private deal for more than $5m. The price exceeded the $4.58m that the same coin had fetched in January 2014. The coin has the highest grade among the seven recorded examples of its type. The doubloons struck by goldsmith and silversmith Ephraim Brasher, George Washington's neighbor in New York City, are considered the first ‘truly American’ gold coins.