(13 May 2024)
FOR CLEAN VERSION SEE STORY NUMBER: 4493957
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Zealand, Denmark - 7 May 2024
1. Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries, walking into room carrying box containing some coins from Lars Emil (L.E.) Bruun’s coin collection
2. Close of Yegparian opening box
3. Various of Yegparian removing coins and placing them on wooden tray
4. SOUNDBITE (English) Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries:
"When I first heard about the collection, I was in disbelief. I said' no, this is just a story. I mean, it can't possibly exist. And we've had collections that have been off the market for 100 years plus that we've had the opportunity to sell, but they're extremely well known internationally. This one has been the best open secret ever."
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5. Various of coins from L. E. Bruun’s coin collection
6. Close of coin depicting L. E. Bruun
7. SOUNDBITE (English) Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries:
"L. E. Bruun was of a class and of a generation of coin collectors. They bought individual coins.“
8. SOUNDBITE (English) Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries:
“But he also collected collections. He bought entire collections from collectors."
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9. Close of Yegparian holding golden coin from collection of Danish king, Frederik VII
10. Various of coins from L. E. Bruun’s coin collection
11. SOUNDBITE (English) Vicken Yegparian, vice president of numismatics, Stack’s Bowers Galleries:
"He said, what if the Danish national collection goes up in smoke or is stolen or whatever? What happens? So, I'm going to leave my collection as a reserve. If the Danish national collection goes up in smoke or whatever, then my collection will be a gift to the Danish state. So, the clock starts ticking when he passes. 100 years pass. If the Danish national collection is still in existence, which it is today, it triggers an auction sale, basically."
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12. Various of coins from L. E. Bruun’s coin collection
ASSOCIATED PRESS
Copenhagen, Denmark - 10 May 2024
13. Wide of canal in central Copenhagen
14. Bishop Absalon statue
15. Various of National Museum of Denmark exterior
ASSOCIATED PRESS
Copenhagen, Denmark - 8 May 2024
16. SOUNDBITE (English) Helle Horsnaes, senior researcher, National Museum of Denmark:
"The pure fact that this collection has been closed for a hundred years makes it a legend. It is not just a collection. It's large and quite good, but it's also the fact that it's closed. When something becomes a mystery and closed to the public, it tends to become, well, a legend, a mystery. Well, it's like a fairy tale."
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17. Various of Helle Horsnaes, senior researcher, National Museum of Denmark, looking at coins purchased by museum from L. E. Bruun’s coin collection under magnifier
STORYLINE:
The vast coin collection of a Danish butter magnate is set to finally go to on sale a century after his death, and could fetch up to $72 million.
Lars Emil Bruun, also known as L.E. Bruun, stipulated in his will that his 20,000-piece collection be safeguarded for 100 years before being sold.
AP video by James Brooks
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