1933 Double Eagle Gold Coin Value
The 1933 double eagle is a united states 20 dollar gold coin. While most gold coins were melted down in the years following the us.
A double eagle is a gold coin of the united states with a denomination of 20.
1933 double eagle gold coin value. Buy pre 1933 double eagle gold coins at just above melt value. Despite its official face value of 20. And across the globe was effectively ended.
Although 445500 specimens of this saint gaudens double eagle were minted in 1933 none were ever officially circulated and all but two were ordered to be melted down. With a face value of us20 the double eagle was the last gold coin produced for intended. Double eagle gold coins are two types.
It was the first and only time the 1933 double eagle coin went into private ownership sothebys said. Money metals exchange proudly offers the 20 saint gaudens pre 1933 double eagle gold bullion cointhe backstory to this coins design is very intriguing. The exceptionally rare 1933 double eagle is now the most valuable coin.
With an illustrious history dating back to its original minting around the time of the california gold rush in 1849 the us gold double eagle coin has become quite possibly one of the most famous gold coins ever minted by the us government. The newly sold specimens value stems from its status as the only legally privately owned 1933. The gold double eagle.
Gaudens gold coins 1907 1933. The saint gaudens gold double eagle would continue to be struck for another 13 years until 1933 when the gold standard in the us. The 1933 double eagle is among the most valuable of us.
The 20 liberty head gold coins 1850 1907 and the st. The double eagle coin was the last gold currency struck in the united states reports reuters. When the official price of gold was changed to 35oz by the gold reserve act.
At that time this was a world record for purchasing a single coin. The official gross weight of the double eagle gold coin is 516 grains but what is important. The 1933 double eagle sold at auction on july 30 2002 for 66 million plus the 15 buyers fee which brought the total cost to the buyer to 7590000 plus 20 to monetize the coin and compensate the mint for the 20 it believes it lost when the coin was thought to have been stolen.
The double eagle gold coin measures 34 mm in diameter and contains 9675 ounce of gold in an alloy of 90 gold and 10 copper. Coins with the sole example the king farouk specimen which was purchased by king farouk of egypt in 1944 currently known to be in private hands selling in 2002. Mint sent two 1933 double eagles to the smithsonian institutions national coin collection where they remain to this day.
President theodore roosevelt was inspired by an exhibition of ancient greek coins at the smithsonian. The most famous gold coin in us history. One of the last gold coins ever struck for circulation in the us sold for a record 189 million in new york on tuesday.
However 20 more are known to have been rescued from melting by being stolen and found their way into the hands of collectors before later being recovered.
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