Reproductions of a Brasher doubloon will be struck and sold at the American Numismatic Association’s World’s Fair of Money where the original will be on display Aug. 5-9 as the centerpiece of the ANA Museum Showcase exhibit.
Though nowhere near as expensive as the $10 million insured value of the finest certified original doubloon, the reproductions will contain roughly 0.85 ounce of .999 fine gold worth about $1,130. Their sales’ price, though, will be much higher.
“Novodels (reproductions) 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.
“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 Crum.
The original Brasher weighs 26.4 grams and is .890 fine gold.
“The novodels will be the same weight as the original, but have the beautiful rich color of solid pure .999 fine gold,” said Landis.
“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 said.
This is the first time Monaco has displayed the original doubloon since its purchase in January.
A video and detailed information about the history of Brasher doubloons can be found online at www.MonacoRareCoins.com/BrasherVideo.
The 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.
The 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.”
In 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 lower Manhattan.