June 30, 2014
News media contact:
Adam Crum (888) 751-1933
Famed Brasher Doubloon Highlights Exhibits
ANA Courtesy Of Monaco Rare
finest certified 1787 Brasher Doubloon will be displayed by Monaco Rare Coins
of Newport Beach, California (www.MonacoRareCoins.com)
as the centerpiece of the official Museum Showcase exhibits at the American
Numismatic Association 2014 Chicago World's Fair of Money (www.WorldsFairOfMoney.com), August 5 - 9, 2014.
NGC MS63 CAC, it will be insured
for $10 million for the exhibition, the first since Monaco acquired the coin
this past January and only this coin's second public display the past quarter
Brasher Doubloon has been described as one of the
greatest numismatic rarities of the world. Made 227 years ago by New York City gold and silversmith Ephraim
Brasher, it is one of only seven known surviving examples of the first gold
made for the young United
Brasher's initials, EB, are punched on the wing of an eagle on the
"Novodels of the Brasher
Doubloon have been commissioned by Monaco Rare Coins to be struck in .999 fine
gold by the Gallery Mint on the ANA
convention floor. Master Engraver Ron
Landis will actually be minting the coins with a hand-operated screw press and
educating attendees on the process used to create these important pieces of Americana two centuries
ago," said Monaco Vice President Adam Crum.
novodel is a coin struck from new dies that are backdated; in this case, 1787.
"A portion of the proceeds
from sales of the Brasher Doubloon novodels will be donated to the ANA by Monaco. We have a goal in mind to
donate $250,000 to the ANA for
many important projects the association is seeking to fund in the coming years.
My hope is that our membership will
enjoy these fun novodels and see them as an important resource to educate
collectors about significant rarities that enhance our hobby," explained
The upcoming exhibit will
be this Brasher Doubloon's
first major public appearance in the Chicago
area in 27 years. It's last formal
public display in the Midwest was in 1987 when
it was part of a nationwide traveling exhibit commemorating the bicentennial of
the United States Constitution. The coin
was also displayed at the 1964 World's Fair in New York City and at the 2012 ANA convention in Philadelphia.
coin is an iconic national treasure that should be seen, and the upcoming
display in Chicago
will be the first of several cross-country exhibits that are being planned,"
is our country’s first gold coin, struck in the infancy of the United States
with a purely American design," said Mark Salzberg, NGC Chairman. "The Brasher Doubloon is one of the most
sought-after coins in existence and this example is likely the most important
coin ever certified."
The Brasher Doubloon going on
display at the ANA convention
weighs 26.4 grams and is .890 fine gold.
novodels will be the same weight as the original, but have the beautiful rich
color of solid pure .999 fine gold," said Landis.
"We will have scheduled demonstrations during the ANA convention to show how the they are made. There
is a lot of hand crafting that will go into the making of the blanks, hand
chasing the edge, striking and finally, adding the oval 'EB' stamp after the
coin is struck in the screw press," Landis explained.
to the ANA Museum Showcase exhibit
(booth area #143) and the Monaco
booth (#139) can obtain a complimentary, illustrated educational brochure about
the Brasher Doubloon.
obverse design of the Brasher Doubloon shows an eagle holding an olive branch
in one claw and arrows in another to symbolize the United States wants peace but is
ready for war. There are 13 stars around
the eagle's head representing the original 13 colonies, and the obverse motto
is E PLURIBUS UNUM ("Out of Many, One,"). The
"EB" punch mark is on the wing on the left side of the coin.
reverse design is a sun rising over a mountain in front of a sea, a symbolic
representation of a new beginning.
Around the design is another Latin legend, NOVA
EBORACA COLUMBIA EXCELSIOR. Columbia was a nickname
for the United States,
Nova Eboraca translates to New York
and excelsior is Latin for "ever higher."
addition to his punch marked initials on the obverse, Brasher's full last name
is on the reverse. Besides his work as a
respected gold and silversmith, Brasher served in various political and
government jobs of the day in New
York and was a neighbor of George Washington on Cherry Street in
a 1922 auction catalog description of this coin, Fort Worth, Texas
dealer B. Max Mehl stated: "For historical interest and numismatic rarity,
this great coin is second to none. It is rightfully recognized as one of the greatest numismatic rarities of the world."
fabled Brasher Doubloon was the subject of a 1942 Raymond Chandler novel,
"The High Window," and a subsequent 1947 movie, "The Brasher
Doubloon," based on Chandler's
story about fictional detective, Philip Marlowe.
A video and detailed information
about the history of Brasher Doubloons can be found online at www.MonacoRareCoins.com/BrasherVideo.
additional information about the ANA
2014 Chicago World's Fair of Money at the Donald E. Stephens Convention Center
in Rosemont, Illinois, August 5 - 9, visit www.WorldsFairOfMoney.com. For additional information about the Brasher
Doubloon, contact Adam Crum at Monaco Rare Coins at (888) 751-1933 or visit
online at www.MonacoRareCoins.com.