We often hear stories of treasures hidden for centuries in movies or novels, but this time, it's a true story. Danish coin collector Lars Emil Bruun, who passed away in 1923, left behind a will that instructed his descendants to sell his coins 100 years later. Following his wish, the coins were recently auctioned, earning his family a staggering 22.1 billion KRW in just four days. Let’s explore how Bruun’s collection came to auction and the significance of his legacy.
1. Lars Emil Bruun and His Coin Collection
Lars Emil Bruun was a successful Danish businessman who made his fortune in the butter trade. With his wealth, he became an avid coin collector, amassing coins not only from Denmark but also from Norway, Sweden, and other parts of Scandinavia. After witnessing the devastation of World War I, Bruun worried that even the Royal Danish Museum's collection could be destroyed. He believed that his own collection could serve as a replacement if such an event occurred. As a result, he left a will instructing his descendants to sell the coins only "if everything is in order after 100 years."
2. The Auction: 22.1 Billion KRW in 4 Days
In 2024, exactly 100 years later, Bruun's descendants followed his will, putting the coins up for auction. The first collection of his coins was auctioned in Copenhagen over four days, with 286 coins fetching a total of 22.1 billion KRW. Among the auctioned items was one of the oldest gold coins from Scandinavia, which alone sold for 1.8 billion KRW. Additionally, the National Museum of Denmark exercised its right to purchase seven rare coins before the auction.
Bruun's collection attracted global interest due to its historical value and rarity. The auction organizers predict that multiple auctions will be needed to sell the entire collection, and when all is sold, it is likely to become the most expensive coin collection ever to hit the market.
3. The Meaning and Lesson of the Legacy
Bruun's legacy is more than just about money. Through his will, he imparted a message to his descendants about preserving value over time. Even 100 years later, his collection retained both historical and cultural importance, allowing his family to reap significant financial rewards. This event also highlights the power of patience and long-term planning, showing that waiting can sometimes yield extraordinary results.
Lars Emil Bruun's story is not merely about earning 22.1 billion KRW through an auction. It's a tale of preserving a family’s legacy over a century. His descendants honored his wish, and in doing so, not only unlocked financial success but also contributed to preserving a valuable piece of history. This reminds us that the actions and decisions we make today may hold their true worth only in the future.
3 line summary for you
- Danish collector Lars Emil Bruun’s coins were auctioned 100 years later, earning 22.1 billion KRW.
- His descendants followed his will to sell the coins after 100 years, reaping great profits.
- Bruun’s collection is expected to be sold in more auctions and could become the most valuable coin collection in history.
Subscribe!! Your likes and comments mean a lot to me and are a great support.
Starting Google Play App Distribution! "Tester Share" for Recruiting 20 Testers for a Closed Test.
Tester Share [테스터쉐어] - Google Play 앱
Tester Share로 Google Play 앱 등록을 단순화하세요.
play.google.com
