Tuesday, 5th August 2008 (496 views)

A rare coin company in the US has launched a search to find a second example of a gold coin which bears the hallmark of Standish Barry, an American silversmith.

The unique gold coin, dating back to 1735, was recently sold by a banker in Baltimore whose family acquired it in 1942.

Donald H Kagin, of Kagin's Incorporated and new owner of the coin has put a reward of $5,000 (£2,557) for anyone who can present him with similar examples.

The coin is believed to be one of the first ever made in the US and resembles a Peruvian doubloon.

"The doubloon, which is believed to have been made by Barry in Baltimore at sometime around 1790, is currently the only coin we know that was counter-marked by him," said David McCarthy, Kagin's Senior Numismatist and Researcher.

Kagin's is a company which creates and handles alternative investment programmes for its clients. It also helps clients to sell their coins and they attend nearly all major American Numismatics auctions.

 

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