Name: 1787 Doubloon Brasher, Breast Punch MS
SKU: 180

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According to Heritage Auctions in the in their 2005 auction, in which this coin sold for $3 million, "In the Garrett Collection sale, this coin was called 'the single most important coin in American numismatics.' Today, its status is no different. Any coin that is unique can be considered an important coin. The importance also depends on the coin's position in the numismatic world. A Colonial American gold coin, one of two varieties intended for actual circulation, maintains a higher position in American numismatics than another coin which might be part of a long series of coinage issues."

Reverse Description

An eagle with wings fanned out surrounded by stars at its head. A wreath of leaves surrounds the eagle with the words E PLURIBUS UNUM, 1787 at the periphery. Importantly, the letters EB are stamped on the eagle's chest.

Book Reference

The unique Brasher Punch on Breast doubloon appears to be the earliest surviving New York–style doubloon. Its obverse design is based upon the Great Seal of the United States, and its reverse includes components of the Seal of the State of New York. Its weight and composition are analogous to those of a regulated Spanish doubloon, which circulated in New York City at a value of $15 in 1787.

Obverse: E.B punched on a heraldic eagle’s breast, surrounded by a wreath and the inscription D UNUM D E D PLURIBUS D 1787

Reverse: The sun rising over a mountain and the sea, with the inscription BRASHER below, all surrounded by beads within the legend D NOVA D EBORACA D COLUMBIA D EXCELSIOR D