{"id":49426,"date":"2024-05-13T12:10:15","date_gmt":"2024-05-13T12:10:15","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/13\/coin-collection-of-danish-butter-magnate-going-on-sale-after-being-sealed-for-100-years\/"},"modified":"2024-05-13T12:10:15","modified_gmt":"2024-05-13T12:10:15","slug":"coin-collection-of-danish-butter-magnate-going-on-sale-after-being-sealed-for-100-years","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/13\/coin-collection-of-danish-butter-magnate-going-on-sale-after-being-sealed-for-100-years\/","title":{"rendered":"Coin collection of Danish butter magnate going on sale after being sealed for 100 years"},"content":{"rendered":"
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A Danish butter magnate’s collection of coins could fetch close to \u00a360m on auction, a hundred years after he passed away.<\/p>\n

Lars Emil Bruun, who was born in 1852, said in his will that a 20,000-piece collection he built throughout his life must be safeguarded for 100 years before it could be sold.<\/p>\n

More than a century on, New York-based coin auctioneer Stack’s Bowers will sell off the collection this autumn.<\/p>\n

Several sales of what the auction house calls the “most valuable collection of world coins to ever come to market” are planned to be held over the coming years.<\/p>\n

In the 1800s, Mr Bruun’s dairy enterprise made him rich and allowed him to hoard coins, medals, tokens and banknotes from Denmark<\/strong><\/a>, Norway and Sweden.<\/p>\n

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After the First World War<\/strong><\/a>, he insisted in his will that the collection must “serve as a reserve for the royal Coin and medal collection in Copenhagen” if they were destroyed.<\/p>\n

Since his death, the collection was held at former Danish royal residence Frederiksborg Castle, before it later made its way to Denmark’s National Bank.<\/p>\n

Vicken Yegparian, vice president of numismatics at Stack’s Bowers Galleries, called the collection “the best open secret ever”.<\/p>\n

“When I first heard about the collection, I was in disbelief,” he added. “We’ve had collections that have been off the market for 100 years-plus.”<\/p>\n

Some pieces in the collection are valued at \u00a340, but others could go for more than \u00a3800,000. All told, the coin collection could fetch up to \u00a357.4m.<\/p>\n

Read more on Sky News:
Leeds fan ‘attacked’ following play-off match<\/a><\/strong>
Moulin Rouge loses its Windmill blades<\/a><\/strong><\/p>\n

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Denmark’s National Museum, which had the right of first refusal on part of the collection, purchased seven of the rare coins before they went to auction.<\/p>\n

The seven coins – six gold, one silver – were all minted between the 15th and 17th centuries by Danish or Norwegian monarchs, and cost more than \u00a3877,000<\/p>\n

Senior researcher Helle Horsnaes, a coin expert at the National Museum, said: “They are described in literature as the only existing specimen of this kind.<\/p>\n

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“The pure fact that this collection has been closed for a hundred years makes it a legend. It’s like a fairytale.”<\/p>\n<\/p><\/div>\n


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A Danish butter magnate’s collection of coins could fetch close to \u00a360m on auction, a hundred years after he passed away. Lars Emil Bruun, who was born in 1852, said in his will that a 20,000-piece collection he built throughout his life must be safeguarded for 100 years before it could be sold. More than […]<\/p>\n","protected":false},"author":2,"featured_media":49427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/e3.365dm.com\/24\/05\/768x432\/skynews-denmark-coin_6552568.jpg?20240513122841","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[9762,5728,1952,12578,49773,7481,1577,111],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/49426"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=49426"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/49426\/revisions"}],"predecessor-version":[{"id":49428,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/49426\/revisions\/49428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/49427"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=49426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=49426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=49426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}