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Re: Rare 1787 Gold Coin Sells for $7.4 Million

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 13 Dec 11 6:09 PM | 32 view(s)
Boardmark this board | De's Test Board 		Msg. 37021 of 45651
(This msg. is a reply to 37020 by clo)
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There's a bubble to burst LOL, WOW, special coin.




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Rare 1787 Gold Coin Sells for $7.4 Million
By: clo in ROUND
Tue, 13 Dec 11 2:06 PM 		Msg. 37020 of 45651

Now that's appreciation!

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

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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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