The E-Sylum:  Volume 8, Number 6, February 6, 2005, Article 12

ARTICLE ON KAGIN BRASHER DOUBLOON PURCHASE

The Marin Independent Journal of California published an
article Tuesday about dealer Don Kagin and his purchase of
the three Brasher doubloons in the recent Heritage auction:

"Tiburon's Don Kagin attended a ceremony in Sacramento
on Monday to mark the arrival of the newest American coin,
the California quarter, along with Gov. Arnold Schwarzenegger
and first lady Maria Shriver.

It rounded off rather nicely a stellar month in the world of
coins for the Marin coin dealer.

Just three weeks earlier, Kagin, a member of the committee
to select the California quarter, celebrated three of the oldest
American coins in existence in a different fashion - by paying
$6 million for them at a Florida auction, including nearly $3
million for one of the coins.

"They are considered the most historical and memorable
coins in American history," Kagin said of the three early
colonial American gold coins bearing the stamp of New
York goldsmith Ephraim Brasher, a neighbor of George
Washington. The trio are believed to be among the first
gold coins made in the United States, and one of them
was the subject of a 1940s Raymond Chandler novel
and a subsequent movie, "The Brasher Doubloon."

More Informatrion

  Wayne Homren, Editor

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