Lars Emil Bruun said in his will that a 20,000-piece collection he built throughout his life must be safeguarded for 100 years. A century later, some of the stashed coins could fetch up to £800,000 alone.
A Danish butter magnate's collection of coins could fetch close to £60m 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 a century on, New York-based coin auctioneer Stack's Bowers will sell off the collection this autumn.
Vicken Yegparian, vice president of numismatics at Stack's Bowers Galleries, called the collection 'the best open secret ever'. '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.' Some pieces in the collection are valued at £40, but others could go for more than £800,000. All told, the coin collection could fetch up to £57.4m.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vast coin collection of Danish magnate going on sale a century after his deathLars Emil Bruun began to collect coins as a boy in the 1850s and 1860s, years before he amassed vast riches in the packing and wholesaling of butter.
Read more »
Vast coin collection of Danish magnate going on sale a century after his deathLars Emil Bruun began to collect coins as a boy in the 1850s and 1860s, years before he amassed vast riches in the packing and wholesaling of butter.
Read more »
RAF veteran Derrick Grubb celebrates 100 years of his ‘good life’The retired squadron leader survived being shot down during the Second World War.
Read more »
RAF veteran Derrick Grubb celebrates 100 years of his ‘good life’The retired squadron leader survived being shot down during the Second World War.
Read more »
The 15 baby names that have been popular for 100 yearsSome titles have stood the test of time, while others have faded out of circulation.
Read more »
Student technician reunited with ring which has been in his family for 100 yearsThe ring went missing on April 10 and was reunited with its owner two days later.
Read more »