[ Colonials ] [ COINS ] 45 NGC 488 1787 DBLN Brasher Doubloon, EB on Wing 1787 DBLN Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast. 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 nu mismatics than another coin which might be part of a long series of coinage issues. In his day, B. Max Mehl was fond of comparing certain rarities to that King of American Coins, the 1804 dollar. Today, we have other coins that can provide a comparison. Certainly, we feel this coin is the equal of the 1804 silver dollar in terms of importance. It seems far more important than the unique 1870- S three-dollar gold piece, or the 1870-S half dime, or other unique coins. Is it as important as the 1933 double eagle? In our opinion, it is. Is it worth as much, or will it sell for as much as that coin recently sold for? We certainly hope so. In fact, we whole-heartedly agree with Dave Bowers' comments regarding the offering of this coin in the Garrett Collection. We feel that this coin is the single most important coin in American numismatics!The Lilly-Smithsonian Brasher Half Doubloon Lilly Specimen. Unidentified non-collector accumulation 1928); David Proskey; F.C.C. Boyd; Col. E.H.R. Green; Frank Smith; Major Ball; Josiah K. Lilly; Smithsonian Institution. Breen stated that this piece is said to weigh 204 grains = 13.2 grams. The Unique Brasher New York Style DoubloonWith Hallmark on Eagle's Breast Bushnell Specimen. Bushnell Collection (S.H. & H. Chapman, 6/1882) $505; Edouard Frossard; Garrett Collection; Johns Hopkins University ( Bowers and Ruddy, 3/1981), lot 2340, $625,000. 26.66 grams.Obverse and Reverse The surfaces have bright yellow gold with some peripheral weakness. The tops of most letters are merged with the border. On the obverse, the mountain and the sun show considerable weakness with the sun merely outlined. Unfinished or crude die work is visible in the central fields, in the form of horizontal and vertical raised die lines. Below the central reverse device, small letters of BRASHER are slightly disfigured. The entire design on both sides shows evidence of slight doubling, most likely from multiple punches to impart the appropriate detail to the coin. The reverse is similar with the bottom of the date and tops of the letters slightly merged with the border. EB punch in an oval on the eagle's breast is actually on the shield which covers the breast. This shield is lacking nearly all of its horizontal and vertical lines and is nearly flat.Specifications Breen Encyclopedia 982. Weight: 26.41 grams (per Walter Breen). Die Alignment: 180 degrees, or coin-turn alignment. Edge: Plain. The NGC Photo-Proof lists a different set of specifications, and they are recorded as the same for both specimens. As those specifications are the same as the general specifications recorded by Walter Breen in his Complete Encyclopedia, it is likely that they simply copied this information from his work. Pedigree The unique Brasher Doubloon with punch on the breast reportedly was in the Parsons and Bushnell Collections. Charles Ira Bushnell was an uncle of the Chapman brothers He was born in New York City on July 28, 1826 and died there on September 17, 1880. He wrote articles for the New York Sunday Dispatch and also studied law but did not practice. After his death, Bushnell's collection was offered for sale for $10,000, and Lorin Parmelee paid $8,000 for its acquisition. Once he had removed needed pieces, Parmelee consigned the collection to the Chapman Brothers who offered it for sale under the original Bushnell name. The sale was held June 1882 and Ed Frossard paid $505 for the Doubloon. Edouard Frossard was born in Switzerland circa 1837 and died in Brooklyn, New York on April 12, 1899. Frossard saw active service in the Civil War, and was wounded in a battle at West Point, Virginia on May 7, 1862. Ed Frossard was the publisher of Numisma, a magazine that also served as his own sales vehicle. This was also the platform for his literary jabs at W. Elliott Woodward, he returned blows in the pages of his own auction catalogs. Frossard sold this Doubloon to T. Harrison Garrett, patriarch of the Garrett family of Baltimore. John Work Garrett was the son of T. Harrison Garrett of Baltimore. He was born on May 19, 1872 and lived 70 years until June 26, 1942. His father served as President of the Baltimore and Ohio Railroad. Other members of this family had their own talents, and his brother, Robert, participated in the 1896 Olympics, winning America's first Olympic gold medal (shotput . John Work Garrett served in the diplomatic service. His collection was donated to the Johns Hopkins University of Baltimore, and was sold by Bowers and Ruddy Galleries in four sales held from 1979 to 1981. This Doubloon was sold as lot 2340 in the fourth sale, held March 1981 where it realized $625,000.Ephraim Brasher Ephraim Brasher ( pronounced Bray-zher) lived just a few feet from President Washington in New York. Washington resided at 3 Cherry Street and Brasher lived next door at 1 Cherry Street. Some sources give the address of Brasher as 5 Cherry Street. Cherry Hill was a fashionable section of New York in the 18th century, located just north of the Manhattan side of the present day Brooklyn Bridge. His business address was 77 Queen Street, not too far north of his home. Brasher was born in 1744 and lived to 1810, the entire 66 years a resident of New York City. He was married to Anne Gilbert on November 8, 1766. Ann was a sister of another New York silversmith, William Gilbert. Some sources state that Brasher did not have any children with Anne, or with his second wife, Mary Austin, whom he married in 1797, sometime after Anne's death. Other sources suggest that he did. Indeed, an article by Richard Bagg and Q. David Bowers in the February 1980 issue of The Numismatist, Ephraim Brasher, Originator of the Famous Brasher Doubloon, mentions Ephraim's great- great-great granddaughter, Deborah.