American coin that is so rare that it’s worth over $9,000,000

American coin that is so rare that it's worth over $9,000,000

Here you have one of the most well-known coins in the world for collecting purposes. This item is very expensive and famous for being very hard to find. The 1787 DBLN New York-Style Brasher Doubloon may not be well known to people who are new to collecting coins.

People who like coins know that the best ones can be the most expensive ones. This 1787 DBLN New York-Style Brasher Doubloon didn’t sell until 2021, when it was sold for a huge $9,360,000.00 in grade MS65.

Who acquired this coin before the auction?

Matthew Stickney was the one who bought it in 1848. He was one of the first people to study coins. Heritage Auctions says that this 1787 DBLN New York-Style Brasher Doubloon has only been sold twice to the public since it was first found.

That it set a world record price both times says a lot about how important this marvel is. It was for sale from the Garret Collection in 1979 before it was put up for auction in 2021.

It also had a surprise gift that set a great record. The most it ever sold for was $725,000. That record was broken after ten years. Let’s look into how important it is to the past of coins.

1787 DBLN New York-Style Brasher Doubloon, EB on Wing, MS65☆ NGC. | Lot #3934 | Heritage Auctions
Source coins.ha.com

1787 DBLN New York-Style Brasher Doubloon Coin importance

This coin could provide a great deal of headlines:

  • “The World’s Most Famous Coin”.
  • “The Finest-Known Example”.
  • “An Absolute Rarity in the Numismatics field”.
  • “Numismatics Marvel”.

In fact, the New York-style doubles are one of the things that make the colonial coinage set stand out. Also, these are the oldest private gold coins and the first examples of money that was not issued by the government.

Of course, it’s also very important to note that these 1787 DBLN New York-Style Brasher Doubloons were meant to be circulated. Putting gold and money together can also be very helpful. The most important thing is that it was made to very high standards for both weight and clarity.

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