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Rare 1787 Gold Coin Sells for $7.4 Million .
A rare 1787 gold Brasher doubloon has been sold for $7.4 million, one of the highest prices ever paid for a gold coin.
Associated Press
A 1787 gold Brasher doubloon
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, a goldsmith and neighbor of George Washington, the coin contains 26.66 grams of gold—slightly less than an ounce. Worth about $15 when it was minted, the gold value today would be more than $1,500.
The Brasher doubloon is considered the first American-made gold coin denominated in dollars; the U.S. Mint in Philadelphia didn't begin striking coins until the 1790s.
http://online.wsj.com/article/SB10001424052970203518404577094381489681336.html
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