Lars 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.
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 LE Bruun’s collection, in Zealand, Denmark
Deeply moved by the devastation of the First World War, he wanted the collection to be a reserve for Denmark, fearing another war.Now, more than a century since Bruun’s death at the age of 71 in 1923, New York-based Stack’s Bowers, a rare coin auction house, will begin auctioning the collection this autumn, with several sales planned over the coming years.
“When I first heard about the collection, I was in disbelief,” said Vicken Yegparian, vice president of numismatics at Stack’s Bowers Galleries.“But they’re extremely well known internationally. This one has been the best open secret ever.” Vicken Yegparian, of Stack’s Bowers Galleries, holds a silver Norwegian coin from 1628, part of LE Bruun’s collection
“However, should the next century pass with the national collection intact, it shall be sold at public auction and the proceeds shall accrue to the persons who are my direct descendants.” The collection first found refuge at former Danish royal residence Frederiksborg Castle, then later made its way to Denmark’s National Bank.
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