Historic 1oz gold coin goes for $4.6 million at auction

“The first gold coin ever made in the United States fetched a record $4.58 million on auction last week, while a nickel made at the Philadelphia Mint in 1913 raised $3.3 million.  Th so-called Brasher Doubloon, the country’s first gold coin denominated in dollars, has been off the market since it was bought by a Chicago resident in 1979 for $430,000.  Blanchard & Co., the New Orleans-based coin and precious-metals company that brokered the deal, said the doubloon was purchased by a Wall Street investment firm. Identities of the buyer and seller weren’t disclosed.  Minted by Ephraim Brasher in 1787, a goldsmith and neighbour of George Washington, the coin contains 26.66 grams of gold.”

http://www.mining.com/historic-1oz-gold-coin-goes-for-4-6-million-at-auction-78428/

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