The 1933 Saint-Gaudens gold $20 double eagle is a coin that has been wrapped in mystery for much of its existence. The Treasury declared it a coin as part of a legal settlement, and in 2002 it was sold at Sotheby's for $7.59 million - the most ever publicly paid for a coin.The anonymous buyer has lent it for display. The 1933 double eagle is a United States 20-dollar gold coin. The Back Story. In 2009, the U.S. Mint released ultra-high relief Double Eagles featuring the iconic Saint-Gaudens design. This 1933 $20 gold coin resurfaced for auction on June 8th and once again holds the title. The same can be said for a 1927 $20 Saint Gaudens Double Eagle. Photography by Squaremoose. The same can be said for a 1927 $20 Saint Gaudens Double Eagle. From a pricey example being owned by Egpytian royalty, to being nearly wiped out . Only time will tell, but for now, the 1933 Double Eagle that sold for a world-record price in 2002 at public auction has to take a back seat. The 1933 Double Eagle. The Saint-Gaudens Double Eagle is an American $20 gold coin. Double Eagle gold coins are two types: the $20 Liberty Head gold coins (1850-1907) and the St. Gaudens gold coins (1907-1933). The 1933 double eagle coin was never officially released into circulation and still considered the pinnacle of gold coins by most avid collectors. It is considered by many to be the most beautiful of U.S. coins.In 1904, President Theodore Roosevelt sought to beautify American coinage, and proposed . The U.S. Mint had produced 445,500 double eagles in 1933, which were to be distributed as others had before into circulation. The 2009 Ultra High Relief Double Eagle Gold Coin closes one chapter of American coin design and begins a new one. Ultimately, the party on the phone was the successful and historic winner of the most coveted of $20 Saints, powering to an amazing $18,872,250! COINage: The first 1933 double eagles were coined and recorded in the Mint's books on March 15, 1933. There, the coin is the centerpiece of the "Legendary Coins" case and is considered by many to be the "ruby slippers" of numismatics. Estimate: $10,000,000-15,000,000. Produced from 1907 to 1933, the "Saint" was the final $20 gold Double Eagle produced by the U.S. Mint. Unlike the famous 1933 double eagle, the 1933 gold eagle is completely legal to own. August 4, 2016 6:49AM. This piece is the only 1933 Double Eagle the government legalized for private ownership. $20 Gold Double Eagle: 1850-1933. The rare 1933 $20 Double Eagle is the most expensive gold coin ever to be sold at auction and a legend among collectors. $2.50 Gold Quarter Eagle: 1796-1929. $20 million for all ten is more like it so the folks at the newspaper have inflated the value by 500%. However, history shows that a handful of these coins did make it out of the mint. 1933 Saint-Gaudens double eagle Approximately 450,000 double eagles were struck at the U.S. Mint in 1933. No risk of melting Greg Weinman, senior legal counsel of the Mint, at the Pennsylvania Association of Numismatists spring show, said that "the 10 never-issued gold double eagles that have been secured at Fort Knox since their recovery by the U.S. Mint in 2005 will never be melted.In fact, although the Mint considers the 10 1933 gold pieces as "chattel," that is, government property . And while you're here, feel free to take a closer look at our other gold coins, as well as our assortment of full-color baseballs, pocket knives, die-cast models, and more. This coin is not rare amongst the series as over 2.9 million were minted. The 1933 double eagles were struck legally, with . Double Eagle Gold Coins. Nearly a half million of the double eagles were struck in Philadelphia in 1933, but then melted into gold bars when President Franklin D. Roosevelt took the country off the gold standard. $5 Gold Half Eagle: 1795-1929. Well, a fashion mogul Stuart Weitzman's 1933 Double Eagle gold coin sold for $18.9 million at Sotheby's Auction in New York! In your answer to the government's complaint in the Fenton case, you reference the 1954 change to the Gold Reserve Act, which declared that all gold coins made prior to April 5, 1933, had special collector value and were therefore legal to own. Most experts agree that the 1849 Double Eagle is as desirable as the 1933 Double Eagle, if not more so. In March of 1933, as one of the many measures designed to reverse the Great Depression, President Franklin Delano Roosevelt issued a proclamation prohibiting payment of gold coin. Only 13 of the $20 coins are known to exist today; U.S. Secret Service agents have pursued the coins for over 60 . This resulted in the melting of 445,500 1933-dated double eagles previously struck at the Philadelphia Mint. The coin is named after its designer, the sculptor Augustus Saint-Gaudens, who designed the obverse and reverse. The 1933 Double Eagle is one of the last $20 gold coins ever produced in the United States. A 1933 double eagle that surfaced in 1996 is on exhibition at the Federal Reserve Bank of New York, at 33 Liberty Street in Manhattan. The 1933 Gold Double Eagle has been called the "most expensive coin in the world" and for good reason.. How many 1933 double eagles are in existence? Some Pre-1933 gold coins are rare, and rare coins will have a higher premium than more common Pre-1933 gold coins. As many as 312,500 Indian Head $10 gold eagles were made at the Philadelphia mint that year, and 445,500 double eagles - with the 1933 double eagle now one of the rarest and most expensive coins of all time - were struck that year as well. 1907 Double Eagle $20 Gold Coin It is the only United States gold coin bearing this date that anyone can legally, privately own aside from just ONE double eagle. The prestigious record as the most expensive gold coin ever sold at auction is now held by the 1787 Brasher Doubloon with EB on Wing, graded NGC . The 1933 double eagle was listed en bloc as part of a 17-piece lot of Saint-Gaudens double eagles dated 1924-1933 but was withdrawn before the sale. 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. The piece offered by Heritage is one of the finer known pieces, although a single MS-67 is known to exist as well. This was due to the Gold Confiscation Act removing all gold coinage from circulation. Although a 1933 Double Eagle could be potentially worth hundreds of thousands of dollars, it is still illegal for anyone to deal one of these coins. Instead, nearly all of them were melted down. We have perfected what has been called one of the most beautiful coins in the world, but, like America itself, there is much more on the horizon. The reverse of the 1933 Double Eagle $20 gold coin. It was among the last batch of gold coins . The denominations, or face values, of pre-1933 U.S. gold are unfamiliar to most. Originally minted in 1849 in large part to the Gold Rush contribution. The 2009 Ultra High Relief Double Eagle Gold Coin costs considerably less than the 1933 version does. It dates back to an era when the U.S. dollar's value was tied to gold, which is a system known as the gold standard. Sotheby's estimate is $10-15 million, but the top end of that range could be a bit too optimistic given that there are 12 known examples in government hands. "David Stone from Heritage Auctions surveyed auctions from 1935 to 1944. 1. The stuff dreams are made of: a 1933 Double Eagle $20 gold coin obverse. The missing Meredith coin could appear one day. There is mystery surrounding how the coins were removed from the vault, but nothing has been solidified. One of the most coveted coins in the world, the 1993 Double Eagle (estimate $10/15 million) - a twenty-dollar gold coin - is unique in that it is the only example that may be legally owned by an individual. Double Eagle Gold Coins. This famous $20 gold coin is a true rarity and an American numismatic icon, a coin which numismatists dream about owning. Switt admitted to the Secret Service in 1944 that he had possessed and sold a set of nine other Double Eagles, which were recovered and destroyed. The Langbord Ten are the 10 1933 Double Eagles that were found in an old safe belonging to the descendants of Israel Switt, a 1930's antique and gold dealer who had connections to the Philadelphia Mint and is believed to have swapped or stolen (take your pick ) the 10 coins. Any Double Eagles Roosevelt could get his hands on were melted down into 25 pound bars of gold. As such, these coins carry a certain mystique, are widely popular, and are treasured by collectors and investors alike. Many other gold coins also met a similar fate, and this is why many pre-1933 gold coins are actually much scarcer than their mintage . Its story starts out with a mintage of 2,927,500 . For example, a 1904 $20 Liberty Head Double Eagle is very common and will not have a significant premium over the gold content. The money from the sale was split evenly between the. Among the last lots was a 1933 Double Eagle described in the catalogue as "excessively rare" and "the first one that ever came up in any public auction." Intrigued, Kehr approached the Mint, asking them how many 1933 Double Eagles had been released to the public. And finally, here is a link to a picture of me and two of my sons standing in front of the display, the 1933 DE is the coin in the lower right corner of the case: Another 2 coins were placed in the national. 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. Some Pre-1933 gold coins are rare, and rare coins will have a higher premium than more common Pre-1933 gold coins. The St. Gaudens were the last double eagles minted in 1933. The exceptionally rare 1933 "Double Eagle" is now the most valuable coin. The 2009 coin honors arguably the most attractive coin ever minted in the United States. The coins were melted down when the U.S. transitioned to fiat money, and only 13 examples are known to exist today. $10 Gold Eagle: 1795-1933. 1933 Double Eagle Coin. He found that a 1931 double eagle appeared twelve times, and in eleven sales both 1931 and 1932 coins were offered. A double eagle is a gold coin of the United States with a denomination of $20. - Answers The US Mint reported they thought 10 had been stolen and removed from the mint by an employee. In 1907, the first St. Gaudens Double Eagles produced consisted of slightly more than 12,000 high relief pieces struck . The Saint-Gaudens Double Eagle series, minted between 1907 and 1933, is world-renowned as the most beautiful coin ever created . People often ask us what a rare $20 Double Eagle Gold Coin is worth. [Emphasis added.] The coins were melted down when the U.S. transitioned to fiat money, and only 13 examples are known to exist today. Produced between 1907 and 1933, many people consider it the most beautiful U.S. coin ever made. 0. 842. 1933 Double Eagle. Considering the 1933 gold eagle currently lists for $600,000 in MS-65 it is hard to imagine the word "poor" in any sentence involving the 1933 but since the only other gold coin of 1933 (the famous Saint-Gaudens double eagle of 1933) which once sold for $7.6 . Today, a single 1933 Double Eagle is estimated to be worth about $10 million. The 1933 Saint-Gaudens double eagle coin was originally valued at $20, but one owned by King Farouk of Egypt sold for as much as $7.5 million at a Sotheby's auction in 2002, according to Courthouse News. The SS managed to seize most of the double eagles, and came to the conclusion that the coins had been smuggled out of the mint by the cashier at the time, George McCain. Gold Double Eagle coins had been minted by the United States Treasury each year from 1907 through 1932. Grading Specials Shows & Events Authorized Dealers Collecting Resources FAQ Message Boards . Order Your 1933 Double Eagle Gold Replica Now Use our secure, easy-to-navigate e-commerce site to order your beautiful 1933 gold coin copy today. Farouk's collection contained a 1933 Double Eagle and, at the request of the U.S. Government, the Egyptian Government withdrew the coin from the sale. It dates back to an era when the U.S. dollar's value was tied to gold, which is a system known as the gold standard. In 2002, a 1933 Double Eagle $20 coin sold for $7.6m (£4.8m), making it the most expensive gold coin in the world to come to auction. I recently bought a 1927 St. Gaudens $20 double eagle. The 1933 Double Eagle is one of the last $20 gold coins ever produced in the United States. A majority of the 1933 Double Eagle coins were destroyed, but some escaped. 1907 High Relief Double Eagle, wire rim, excellent condition 1907 Ultra High Relief Double Eagle, 27mm, like the 2009 coin 1933 Double Eagle, one of two owned by the Smithsonian. With the onslaught of the Great Depression and the ensuing run on banks and other financial institutions President Franklin D. Roosevelt issued an executive order in . The Double Eagle Flies Again In January 2009, the Mint issued the 24-karat 2009 Ultra High Relief Double Eagle Gold Coin, paying homage to the Saint-Gaudens original. (Its gold content of 0.9675 troy oz (30.0926 grams) was worth $20 at the 1849 official price of $20.67/oz.) Until 2003, the wide-standing belief was that there were three coins available for the public to consume in some fashion. Obviously,they didn't talk to anybody in "the know" about market valuation of 1933 double eagles. There were three active bidders for the 1933 Saint in the gallery and a fourth on the phone. Now, for the first time, a Double Eagle - one of which sold for $7.6million . Switt was twice investigated for illegally possessing gold coins in the 1930s and 1940s. Value of 1933 St. Gaudens $20 Gold. Are there more 1933 Double Eagles not yet accounted for? The 1933 Indian Head $10 Gold Eagle is one of the most coveted coins in the numismatic universe. Rare 'Double Eagle' 1933 coin worth $7.6 MILLION goes on show in UK for first time. In fact, after ten 1933 Double Eagles were found in a safety deposit box in recent times and others have been rumored to exist but are being kept in hiding, the 1927-D might have fewer survivors than the 1933. 1907 Double Eagle $20 Gold Coin Below is a list of each coin and the date range it was minted. With premiums as low as they are on pre 1933 US gold, buy and hold as many coins in as high a grade as you can find without going into multiples of the bullion contained within those coins. 1933 Double Eagle June 2021 Sotheby Auction Sales Estimates It is difficult to predict what the coin will sell for in June 2021. How did this coin, and all the other pre 1933gold in existance survive until today? One of the most rare and well-known coins in all of U.S. history is the 1933 Saint Gaudens Double Eagle — a $20 gold coin that, by several accounts, shouldn't even be in existence. The first auction appearance of a 1931 double eagle occurred in lot 1393 of the Needham, Herrick and Other Collections (Thomas Elder, 9/1937)." The surviving Farouk coin is believed to have been. The grade is another issue. Ten 1933 Double Eagle Coins Worth Millions in Fort Knox but not yet for Sale. The Washington Post has the ten 1933 double eagles valued at a total of $100 million. Numismatist John Jay Pittman reportedly informed. The coins are 34 mm x 2 mm and are made from a 90% gold (0.900 fine = 21.6 kt) and 10% copper alloy and have a total weight of 1.0750 troy ounces (33.4362 grams). The front and back of the coin, designed by the most preeminent American sculptor of the 19 th Century, Augustus Saint-Gaudens, is a landmark in numismatic history. (It was catalogued as an "EF" but was really uncirculated as are all known 1933s.) The issue kicked off ordinarily enough, with the first delivery of 1933 Double Eagles to the Philadelphia Mint made about 10 days after President Franklin Delano Roosevelt was inaugurated. However, in 1944, many 1933 double eagles would appear on the market, and the secret service would become involved. 1933 Double Eagle Coin. $1 Gold Dollar: 1849-1889. The 1933 Double Eagle, considered one of the rarest and most beautiful coins in America, has a face value of $20 — and a market value of $7.6 million. Are these surviving coins a result of individuals and corporations who defied the laws for many decades? The Saint-Gaudens double eagle is a twenty-dollar gold coin, or double eagle, produced by the United States Mint from 1907 to 1933. Only 13 Double Eagles are known to exist. It shattered the world auction record. The Saint-Gaudens Double Eagle is the most popular and recognizable coin in United States numismatics. That's not surprising, given that fewer than two dozen of the coins are known to exist. Online Coin Submission Coin Submission Guide Package and Mail Coins Banknote Submission Guide Package and Mail Banknotes Helpful Links. $3 Gold Coin: 1854-1889. Many of you most likely remember the 1933 $20 Saint-Gaudens from when it made national news back in 2002. One of the last gold coins ever struck for circulation in the US sold for a record $18.9 million in New York on Tuesday. (Source: 'Closed for the Holiday: The Bank Holiday of 1933', p20 - Federal Reserve Bank of Boston) There were no more $20 Double Eagles minted after 1932. His daughter is Joan Langbord, who found the coins. The final regular issue double eagle in U.S. coinage history, the 1933 St. Gaudens, is a legendary rarity with a fascinating history. It is the rarest and most valuable coin in the world, designed by a famed sculptor at the request of President Theodore Roosevelt in 1905. Over the years, the coin and its complex lore have been written about extensively, as the main focus of a number of books, magazines and newspaper articles. However, this 1933 was not turned over to U.S. authorities and so it presumably still exists somewhere. Dominating the sale and worldwide media was the fabled and iconic 1933 Saint-Gaudens $20 Double Eagle. Almost two decades ago, this famous coin held the title of the most expensive single coin ever sold- $7.59 million. The answer was categorical: none. The 1933 Double Eagle sold at auction on July 30, 2002, for $6.6 million, plus the 15% buyer's fee, which brought the total cost to the buyer to $7,590,000, 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. 1933 Saint-Gaudens Double Eagles Still Out There Although history isn't quite sure how some of these rare coins escaped the melting pot, the most common theory is that a mint employee snuck some of the coins out before they could be melted down, replacing them with older double eagle coins so as not to be detected. There are not many of these coins." Jeremy Russell: "There are only 5 nickels and something like 12 Saint-Gaudens, so probably nickels." . Resourceful Mint employees took advantage of the gap between the announcement of Executive Order 6102 and its implementation to trade back-date $10 gold eagles for 1933s, and flip them for a profit to Philadelphia coin dealers. With an original mintage of 312,500 there are only about 3-4 dozen examples known today, almost all of which are in . Double Eagle coin specs. Although 445,500 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. The coin is practically flawless, as demonstrated by its MS-70 grade or near-perfect MS-69 grade. The story behind its existence reads like a mystery novel. Another U.S.-held 1933 Saint-Gaudens $20 gold double eagle is on the Mint's radar, but Greg Weinman, the Mint's senior legal counsel said there are no current plans to have the Secret Service . In fact, it nearly doubled the record for the world's most valuable coin ever sold. . The 2009 Ultra High Relief Double Eagle Gold Coin closes one chapter of American coin design and begins a new one. The 1933 Double Eagle sold at auction on July 30, 2002, for $6.6 million, plus the 15% buyer's fee, which brought the total cost to the buyer to $7,590,000, 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 few 1933 double eagles known are boldly to sharply struck with excellent, fully frosted luster and attractive surfaces. Of course, like the 1903-0 Morgan dollar, the 1924-S did not delight the few who owned it at the time, but it made for an extremely interesting story. A few mysteriously survived. In this installment, I've compiled what I find to be some interesting and possibly lesser-known facts about the coin that should no longer exist. The 1933 Indian Head gold eagle is probably the best coin of the United States, which could be called a poor man's 1933 gold coin. The 1933 Double Eagle sold for $6.6 million, plus its $20 face value and a 15 percent fee to the auction house-a grand total of $7.6 million. All but 13 known specimens of the 1933 double eagle were melted (the remaining pieces are believed to have been kept by U.S. Mint employees), including most of the late 1920s and early 1930s $20 gold coins. Like the 1903-0 Morgan dollar, the 1924-S Saint-Gaudens double eagle is one of the rare coins that actually became much more available over time. Back in the early 1980's I was selling Uncirculated Liberty and Saint Gaudens $20s for 3 and 4 times their content. We have perfected what has been called one of the most beautiful coins in the world, but, like America itself, there is much more on the horizon. None of these coins minted were officially released for circulation. 1933 wasn't supposed to be a year of rare U.S. gold coinage. 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