This coin story could become a film one day if there is not one already. According to CCN, a tycoon collector did not allow heirs to sell his valuable collection for one century.
After the heirs had waited for 100 years patiently, the first set was sold for a staggering $16.5 M. This collector was from Denmark and Stack Bowers was in charge of the auction.
Danish butter magnate and his coin collection
Lars Emil Bruun died back in 1923. Once his heirs learned about his will, they discovered that it contained an unexpected and surprising petition. All his notes, medals and coins had to be kept for one century, that is for 100 years.
This coin collector spent over 60 years gathering all this valuable treasure. What is more, his will explained that this collection should be saved as an emergency reserve for the country, Denmark.
So, if the national collection of coins in Denmark was ever destroyed, there would be a replacement. Then, he added that if after 100 years this national reserve was fine, heirs could sell this cache. Thus, descendants could take advantage of this valuable collection.
Where did the auction take place?
The auction for this awesome collection took place in Copenhagen. It was sold in under a year after the long wait of 100 years. Numismatic lovers were bidding for almost 8 hours.
As a matter of fact, Lars Emil Bruun’s personal collection contained 20,000 pieces. The starting 286 lots were sold for 14.82 million euros which is about $16.5 million.
Experts from Stack Bowers claim that once all the cache is sold, it will be the most expensive international coin collection ever sold. Bear in mind that it was insured for $72.5 million dollars.
