1787 Brasher Doubloon with ‘EB’ on Wing, graded NGC MS 63. Realized (2018, private sale) more than $5 million (NGC Image)

A rare 1787 Brasher Doubloon graded MS 63 by NGC has been sold for more than $5 million, one of the highest prices ever paid for a coin.

The Brasher Doubloon was the first gold coin struck in the United States. Today, it is considered one of the most important coins in American numismatics. Only seven examples are known.

Heritage Auctions, which brokered the sale between Monaco Rare Coins and a West Coast collector, said terms of the transaction were confidential, but added that it was the highest price realized in the company’s history. Heritage Auctions sold this very same Brasher Doubloon in January 2014 for $4,582,500, the highest price ever paid for an NGC-certified coin at the time. That record was broken with the recent sale for over $5 million.

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