By Alex He | May 18, 2011 2:57 AM IST

Top 10 most expensive coins [PHOTOS]

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Top 8: The 1787 Brasher Doubloon with EB Punch on Wing, $2,415,000 1787 DBLN Brasher New York Style Doubloon. EB Punch on Wing. AU55 NGC. Lots 30011 through 30017 represent what is almost certainly the ultimate collection of coins related to Ephraim Brasher, the New York city gold and silversmith. Included are two colonial copper coins produced by John Bailey and punchlinked to the Brasher Doubloons, two gold coins from Brazil that each have an EB counterstamp, the important 1742-dated Lima Style Brasher Doubloon, the famous 1787 New York Style Brasher Doubloon with EB punched on the eagle's wing, and the unique 1787 New York Style Brasher Doubloon with EB punched on the eagle's breast. Various theories have attempted to explain the purpose of the various Brasher Doubloons. Don Taxay suggested that they were struck from the dies intended for copper coinage, but that the gold version were intended as bribes for the New York State legislators who would favor Brasher and Bailey with a contract for the copper coinage. Taxay's comments probably came from Robert A. Vlack, in Early American Coins: "There is every reason to believe he [Brasher] contemplated expanding his profession to that of coinage as he filed a petition on February 11, 1787, with John Bailey, for the privilege of coining copper. It is reasonable to assume then, that these original dies were cut to serve more for a copper coinage for New York, than for a gold issue. This is supported by the fact that the dies were of the same size as that for the copper state coinage." (IBTimes/ web/)