Gold Coin Fetches $7.4 million

Rare 1787 gold coin fetches $7.4 million in deal brokered by New Orleans firm - December 12, 2011Rare 1787 gold coin fetches $7.4 million in deal brokered by New Orleans firm
Published: Monday, December 12, 2011, 6:26 AM

An exceedingly rare 1787 gold Brasher doubloon has been sold for $7.4 million, one of the highest prices ever paid for a gold coin. Blanchard and 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 were not disclosed.

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