How much is a gold doubloon worth today? It is important to know the exact grading of your coin before selling it. It can vary greatly from one Brasher Doubloon to the next. The same is true for Spanish Doubloons and New York Style Doubloons. In addition, you should also know if your coin is a Lydian stater. The Brasher company made a limited number of doubloons, but also produced other coins that were meant for circulation such as copper small change.
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Brasher Doubloon
The Brasher Doubloon was minted in 1787 and represents one of the most important pieces of American numismatic history. When it was new, a Brasher Doubloon was worth $15, but today, it is valued at more than 1 million dollars. The current owner paid an undisclosed sum for the coin in a private transaction in 2015.
The Brasher Doubloon was first issued in 1787 and was designed after the Spanish Doubloon, which was worth 16 milled dollars. The Brasher Doubloon is roughly the size of a half dollar today, and it bears the state coat of arms of New York State. The word “BRASHER” is surrounded by an oak-leaf wreath. Its smooth unmilled edge bears the New York State motto.
Spanish Doubloon
How much is a Spanish Doubloon actually worth today? That is the question that every collector of coins wants to know. This coin was first minted in 1652, during the reign of Philip IV. It was valued at around fifteen to sixteen silver reales. Then, it was minted again in 1790, but the value of the piece dropped in the 1700s. Today, the value of an eight-escudo coin is between $20-25.
Until the nineteenth century, Spain had one of these coins in circulation, which were valued at about $4. Isabella II switched to escudo-based coinage in 1859 and replaced the 6.77-gram doblon with a heavier one that weighed eight grams, or 0.268 troy ounces. The last Spanish doubloons, in fact, had a denomination of 80 reales.
New York Style Doubloon
A good question to ask yourself is how much a New York Style gold doubloon is worth today? This type of gold coin was produced by Brasher, a prominent gold and silversmith in New York City during the late eighteenth century. Brasher’s Doubloons are a little lighter than the Spanish Doubloons of the same period. They are considered to be rare coins, and the value of these gold doubloons may be determined by their characteristics.
The Brasher Doubloon features the Great Seal of the United States with an eagle holding an olive branch, and it bears the motto “e pluribus unum” – “out of many, one.” The Brasher Doubloon also depicts a sunrise on a mountain. It also features the words “Nova Eboraca Columbia excelsior” in Latin.
Lydian stater
The Lydian stater was one of the first attempts in western civilization to assign a value to small pieces of metal. The stater was an alloy of gold and silver and first minted around 660 BC. The idea quickly caught on and was copied by many Greek city-states within 60 years. The Lydian Empire lasted from 1200 BC to 546 BC, and Lydian staters have the distinction of being the first coin ever issued by a government.
The gold Lydian stater was issued by King Alyattes in the seventh century BCE. This coin is valued at around $450. The stater’s value is dependent on its condition. A gold Lydian stater is generally graded very fine or lower. In addition to its monetary value, the Lydian stater can also be a valuable historical artifact. It can be a wonderful investment opportunity for anyone who likes antique coins and is interested in learning about ancient history.
Value of ‘New York Style’ Doubloon
A ‘New York Style’ gold doubloin is an interesting piece of history. The first gold coins to come to the United States were struck in Peru during the early 18th century. They feature the Great Seal of the United States and an eagle clutching an olive branch. The reverse of the doubloon bears the motto e pluribus unum, which means ‘out of many, one’. A rare example of this type is the Brasher Doubloon. This type of coin is also referred to as an ‘EB”stamp’ ‘because it has a mark of Ephraim Brasher’ on its obverse.
There are only eight surviving ‘New York Style’ gold doubloads. There are likely more than eight examples, but the chances of finding more are extremely remote. Fortunately, one such example arose in 2005 at Heritage Auctions for nearly $2.415 million. This type of doubloon has a long and distinguished history. Heritage Auctions has sold four of the five known ‘New York Style’ doubloads outside of institutional collections. The Chapman brothers handled one specimen jointly and three examples on their own.