L. E. Bruun Auction Raises Over $16.5 Million in World Coin Sales

The first auction of coins from the famous L. E. Bruun Collection took place on September 14, 2024, in Copenhagen, Denmark. It was a huge success, bringing in more than $16.5 million (€14.8 million). Collectors from all over the world bid on rare Scandinavian coins. This event featured 286 lots (groups of coins for sale) and attracted a large crowd of excited buyers. All prices in this auction included a buyer’s fee.

Rare King Hans Gold Noble Breaks Records

One of the highlights of the auction was the extremely rare 1496 Danish King Hans Gold Noble coin. This coin is graded NGC AU-55 and sold for €1.2 million, which is double its pre-sale estimate. This coin set a new world record for the most expensive Scandinavian coin ever sold at an auction. The King Hans Gold Noble is special because it is the first gold coin made by Denmark, making it a significant piece of history.

A Memorable Auction Event

Brian Kendrella, the President of Stack’s Bowers Galleries, called the auction a major event for world coin collectors. The live auction had more than 250 excited bidders, and there were also many online participants. The bidding was intense, and the event lasted for more than eight hours. Many of the coins sold for record-breaking prices, making it a historic day for Scandinavian coins.

Other Significant Coins Sold at the Auction

Other rare coins from Denmark were also sold at the auction. The 1623 Gluckstadt 10 Ducats, graded NGC AU-53, sold for €504,000—almost double its pre-sale estimate. Another coin, the undated 10 Ducats of Frederik III, sold for €444,000, also twice as much as expected.

Norwegian coins also did very well, with the (1661) 2 Speciedaler, graded NGC AU-58, selling for €432,000. The 1660-FG Ducat, graded NGC AU Details, was sold for €384,000, and the 1644 PG 4 Speciedaler sold for €228,000.

Swedish coins attracted heavy bidding, too. The 1657 Karl X Gustav Ducat graded NGC-64 sold for €85,000, while the undated (1633-34) Riksdaler of Axel Oxenstierna, graded NGC MS-63, more than doubled its estimate, selling for €80,000.

What’s Next for the L. E. Bruun Collection?

The auction of the L. E. Bruun Collection will continue over the next few years, with the next part of the collection being auctioned in spring 2025. Collectors are already excited to see what rare coins will be available next.

Key Coins Sold at L. E. Bruun Auction

CoinGradeEstimated Price (€)Final Price (€)Final Price ($)
1496 King Hans Gold NobleNGC AU-55600,0001.2 million1.3 million
1623 Gluckstadt 10 DucatsNGC AU-53260,000504,000544,243
Undated 10 Ducats of Frederik III220,000444,000479,591
(1661) 2 Speciedaler from NorwayNGC AU-58300,000432,000466,243
1657 Karl X Gustav DucatNGC-6440,00085,00091,786

Conclusion

The L. E. Bruun auction was an exciting event for collectors worldwide. The sale of the 1496 King Hans Gold Noble set a new record for Scandinavian coins, showing how valuable and rare these coins are. With more auctions of this collection planned for the future, the world of coin collecting is looking forward to even more exciting discoveries.

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FAQ’s

What is the L. E. Bruun Collection?

The L. E. Bruun Collection is a famous collection of rare Scandinavian coins that is being auctioned over several years.

What was the most expensive coin sold at this auction?

The most expensive coin sold was the 1496 King Hans Gold Noble, which went for €1.2 million.

When is the next part of the L. E. Bruun Collection auction?

The next part of the collection will be auctioned in spring 2025.

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