Collecting International Gold and Silver Coins

Josiah K. Lilly Jr.

Josiah K. Lilly Jr., chairman of the American pharmaceutical company Eli Lilly and Co., was an avid collector of many things, but his interest in coins was focused solely on gold. Between 1951 and his death in 1966, he carefully acquired 6,125 gold coins, one of the finest collections in the world.

Josiah K. Lilly Jr.

Josiah K. Lilly Jr.

Courtesy of The Lilly Library, Indiana University, Bloomington, Indiana

The Josiah K. Lilly Jr. Collection

The Lilly Collection is now a part of the National Numismatic Collection. An act of Congress in 1968 brought the coins from Lilly’s estate to the Smithsonian. This acquisition included 1,227 U.S. gold coins, including the unique Brasher half doubloon coin of 1787.

“Brasher” Half Doubloon Coin, United States, 1787

Donated by Estate of Josiah K. Lilly Jr.

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5 Dollar Coin, United States, 1822

Donated by Estate of Josiah K. Lilly Jr.

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Collecting Gold from Around the World

Lilly’s interest in gold coins began with 17th and 18th century doubloons from Spanish colonies in Latin America. Over time he developed an interest in gold coins from around the world. His collection includes rare ancient and modern coins from Latin America, East Asia, the Middle East, Africa, and Europe.

8 Escudo Coin, Peru, 1708

Donated by Estate of Josiah K. Lilly Jr.

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2 Stater Coin, Macedon, 336–323 BCE

Donated by Estate of Josiah K. Lilly Jr.

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100 Ducat Coin, Poland, 1621

Donated by Estate of Josiah K. Lilly Jr.

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5 Toman Coin, Persia, 1896–1907

Donated by Estate of Josiah K. Lilly Jr. 

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1.5 Ducat Coin, Zierikzee (Netherlands), 1576

Donated by Estate of Josiah K. Lilly Jr.

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20 Won Coin, Korea, 1906

Donated by Estate of Josiah K. Lilly Jr.

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The Paul A. Straub Collection

Paul A. Straub donated his collection of about 5,650 European gold and silver coins from the 14th to the 20th century to the National Numismatic Collection in the 1950s. Straub was passionate about developing his collection with the intention of filling gaps in the Smithsonian’s holdings. He sought coins that he believed would be so impressive that they would inspire a feeling of pride in the national collection. His donation is regarded as a cornerstone of the National Numismatic Collection’s international holdings.

5 Ducat Coin, Hamburg (Germany), 1679

Donated by Paul A. Straub

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50 Zecchino Coin, Venice (Italy), 1779–89

Donated by Paul A. Straub

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10 Ducat Coin, Czechoslovakia, 1934

Donated by Paul A. Straub

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Straub’s Silver

Paul A. Straub collected both gold and silver coins, but he believed that they should be displayed separately. He thought that large silver coins, like this bulky six thaler coin minted in Brunswick dated 1679, would overshadow small, delicately engraved gold coins in his collection.

6 Thaler Coin, Brunswick (Germany), 1679

Donated by Paul A. Straub

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