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Millionaire’s treasure “opened” after 100 years of storage under lock and key
The auction house calls Lars Emil Bruun’s estate “the most valuable collection” to ever come to market, reports Sky News.
The tycoon Lars Emil Bruun stipulated in his will that the collection of 20 thousand coins, which he collected throughout his life , must be kept for 100 years before it can be sold. Sky News writes about this .
This fall, more than a century after the millionaire’s death, New York auctioneer Stack Bowers will finally sell off his unique collection. It is reported that some copies can bring up to 800 thousand pounds sterling, and in general the entire inheritance is about 60 million.
Coins of Lars Emil Bruun
Lars Bruun, who was born in 1852, became wealthy through his dairy business and had an interesting hobby – collecting rare coins, medals, tokens and banknotes from Denmark, Norway and Sweden.
After the First World War, the rich man noted in his will that his collection should serve as a reserve for the royal fund in Copenhagen if it was destroyed.
When Bruun died, his collection was transferred to his former Danish residence at Frederiksborg Castle, and then to the National Bank of Denmark.
Before the treasures were put up for auction, the National Museum acquired seven rare coins – six gold and one silver, using the right of first refusal. These exhibits were minted around the 15th-17th centuries. Danish or Norwegian monarchs and cost more than 877 thousand pounds sterling.
“They are described in the literature as the only existing specimen of their kind. The fact that this collection was closed for a hundred years makes it a legend. It’s like a fairy tale,” says senior researcher and expert at the National Museum Helle Horsnaes.
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