01/22/2021 | Press release | Distributed by Public on 01/22/2021 09:45
Press Release - January 22, 2021
Bidding by phone with the successful bidder, from the moment the lot opened, was Heritage Auctions' President Greg Rohan.
The doubloon is the finest example of its kind and Thursday's sale marked just the third time the coin has been auctioned since 1848. Officially titled the 1787 New York-Style Brasher Doubloon, W-5840, NGC MS65?, it is known throughout numismatics and beyond as 'The World's Most Famous Coin.'
Brasher Doubloons have been popularized in detective novels and motion pictures, such as The High Window, by Raymond Chandler, and the feature film The Brasher Doubloon (20th Century Fox, 1946). To the average American citizen, the Brasher Doubloon is the archetype of a rare and valuable coin and enjoys a lofty status in pop culture that is unapproached by any other coin.
This example displays terrific eye appeal, the technical quality is the finest available and the historic importance of this issue is profound.
According to the Guinness Book of World Records, the previous auction record for a gold coin was $7.59 million for a 1933 $20 Double Eagle, which was sold in 2002 in New York.
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.
Heritage also enjoys the highest online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet's most popular auction-house website, HA.com, has more than 1,250,000 registered bidder-members and searchable free archives of five million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.
Eric Bradley, Director, Public Relations
214-409-1871; [email protected]