The vast coin collection of a Danish butter magnate is set to finally go to on sale a century after his death, and could fetch up to $72 million. Lars Emil Bruun, also known as L.E. Bruun, stipulated in his will that his 20,000-piece collection be safeguarded for 100 years before being sold.
Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries, holds a golden coin once belonging to the collection of Danish king, Frederik VII, now part of L. E. Bruun’s collection, in Zealand, Denmark , May 7, 2024. Coins from L. E. Bruun’s collection on display on wooden tray, in Zealand, Denmark , May 7, 2024. Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries, holds a silver Norwegian coin from 1628, part of L. E.
On its website the auction house calls it the “most valuable collection of world coins to ever come to market.” The collection’s existence has been known of in Denmark but not widely, and it has has never been seen by the public before. Born in 1852, Bruun began to collect coins as a boy in the 1850s and ‘60s, years before he began to amass vast riches in the packing and wholesaling of butter.
“For a period of 100 years after my death, the collection shall serve as a reserve for the Royal Coin and Medal Collection,” it stipulated. Yegparian estimates some pieces may sell for just $50, but others could go for over $1 million. He said potential buyers were already requesting a catalogue before the auction was announced.
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