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1933 Double Eagle

2021年4月3日

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New York, NY — On July 30, 2002 Sotheby’s and Stack’s will offer for sale for the first time, on the behalf of the United States Government, the most valuable gold coin in the world, the fabled and elusive 1933 Double Eagle twenty dollar gold coin.
There’s a new King in the world of numismatics and it’s the fabled 1933 St. Gaudens Double Eagle. The spectacular and controversial coin fell under the hammer on Tuesday, July 30, in New York City and obliterated the previous auction record of $4.14 million for a U.S. As a result, double eagles dated 1929 through 1932 are exceedingly rare today. The Mint produced nearly half a million pieces dated 1933, but the government maintains that these were never released, and thus it is illegal to own them.
This is the first time that the United States Government has authorized private ownership of a 1933 Double Eagle.
After it was struck in 1933, President Roosevelt, in one of his first acts as President, took the United States off the gold standard in an effort to help the struggling American economy out of the Great Depression. All of the 1933 Double Eagles were ordered destroyed, but ten specimens are known to have escaped into private hands. However, as they had never been oficially “issued” as United States coinage, they cannot be legally owned.
As a result, nine of the ten specimens were seized by, or turned in to, the United States Secret Service in the 1940s and 50s and were subsequently destroyed.
The remaining 1933 Double Eagle, which will be offered, surfaced in 1996 and was seized by the United States Secret Service. The coin was returned to the United States Mint as a result of the Department of Justice’s settlement of a forfeiture action, and in that landmark legal settlement, this one coin became the only 1933 Double Eagle now or ever authorized for private ownership by the United States Government.
The coin will be sold in a single lot auction at Sotheby’s York Avenue premises in New York on July 30, 2002, and carries an estimate of $4/6 million.
“This storied coin has been the center of international numismatic intrigue for more than seventy years, said Mint Director Henrietta Holsman Fore. “The Mint has certified the authenticity of this legendary 1933 Double Eagle. We will officially transfer full, legal ownership of the coin to the highest bidder at this historic sale.”
“We expect that this coin may become the most valuable coin in the world and one of the most sought–after rarities in history” said David Pickens, Associate Director, United States Mint.1933 Double Eagle 20 Dollar Gold Coin
David Redden, Vice Chairman of Sotheby’s, and Lawrence R. Stack, Managing Director of Stack’s, said, “The story of this coin is one of the great numismatic mysteries of all time whose final chapter will be written with this auction. Currently held at United States Gold Bullion Depository at Fort Knox, Kentucky, the coin has an intriguing history which includes seizure by the United States Government, a five–year trial with a landmark resolution and a possible connection to a royal Egyptian Collection dispersed in the 1950s. It is an enormous privilege to be asked by the United States Government to undertake the sale of the ‘Holy Grail’ of the coin collecting world.”
1933 Double Eagles
The twenty dollar gold coin, known as a Double Eagle, was a child of the California Gold Rush, and the massive shipments of ore sent back East. The first Double Eagles were issued to the public in 1850. In 1907, at the behest of President Theodore Roosevelt, the denomination was radically redesigned by famed American sculptor Augustus Saint–Gaudens. These were struck until 1933 when production of the Double Eagle was discontinued along with all other United States gold coins as a result of Executive Order 6260 issued by President Franklin Roosevelt which, in an effort to aid the struggling American economy, prohibited banks from paying out gold.
According to the United States Government, any Double Eagle struck in 1933 could not be legally owned, because none were officially released to the public. In early 1944, prior to the government’s discovery of the missing 1933 Double Eagles, the Royal Legation of Egypt presented a 1933 Twenty Dollar Double Eagle to the Treasury Department, seeking a license to export the coin to Egypt for King Farouk’s collection. The export license was required for virtually all gold coins under the extensive gold restrictions that had been in effect since March of 1933. Not yet recognizing the significance of an unissued 1933 coin, the Department of the Treasury inadvertently issued the export license and the King Farouk specimen was exported out of the United States.
Within weeks Government officials came to recognize the significance of the 1933 Double Eagle, and discovered the existence of nine other 1933 Double Eagles that illegally left the Mint without ever being issued. Over the next ten years, these nine 1933 Double Eagles were seized or voluntarily turned in to the Department of the Treasury, and were subsequently destroyed.
Possible King Farouk Provenance1933 Double Eagle Gold Coin Value
In 1954, a 1933 Double Eagle appeared at auction in Cairo, Egypt; Sotheby’s, acting on behalf of the new Republic of Egypt, was selling the astonishing collections assembled by the deposed King Farouk. King Farouk was one of the greatest coin collectors of all time, though it was not until this auction that the world learned of his remarkable achievement — the collection comprised more than 8,500 gold coins and the sale itself took nine days. Lot 185 in that auction contained a 1933 Double Eagle. Learning of the offering, the United States Treasury successfully requested that the coin be withdrawn from the sale. After this, the whereabouts of the coin remained a mystery for nearly half a century. It has been suggested, in sworn depositions, that the present coin is the King Farouk coin, and there is significant evidence that it was part of the famed collection, including the fact that no other 1933 Double Eagle is known to exist or has ever been identified.
The location of the present coin, since its minting in 1933, had been a mystery until 1996 when it was seized at the Waldorf–Astoria in New York as respected and leading British coin dealer, Stephen Fenton, attempted to sell it to Secret Service agents who were posing as coin collectors. The legal proceedings which lasted five years, ultimately resulting in a ground–breaking settlement which specifically allows this particular Double Eagle, nearly seventy years after its production, to be the only 1933 Double Eagle permitted to be privately owned.
The Auction
Part of the intrigue surrounding the coin is the fact that it has existed in limbo for nearly seventy years. In the eyes of the United States Treasury, up until now, the coin has had no monetary value and its possession could result in a possible imprisonment. Associate Director Pickens confirmed, “upon auction the coin will be officially released for private ownership and it will become official U.S. coinage. At the sale, the final purchase price will be increased by $20, which will go to the United States Treasury General Fund. In other words, the United States Government will be “issuing” one 1933 Double Eagle for the first (and only) time at this historic sale.”
The new owner of the coin will be given an official Certificate of Transfer that makes the coin legal to own. Given the complex issues surrounding the elusive 1933 Double Eagle, this Certificate of Transfer, will be itself historically significant.
Sotheby’s and Stack’s
This sale represents a partnership of Sotheby’s, whose history of coin auctions stretches back to 1755, and Stack’s, an American numismatic firm whose first coin sale was held in 1935. Most recently, in October 2001, Sotheby’s and Stack’s worked together to sell the fabled Dallas Bank Collection for $7.8 million.1933 Double Eagle Worth
1933 Saint Gaudens $20 Gold Double Eagle Reproduction
On July 30, 2002 Sotheby’s and Stack’s auctioned off the most valuable gold coin in the world, the fabled and elusive 1933 Saint Gaudens $20 Gold Double Eagle. The coin was sold for a world record 7.59 million dollars! This was the first time that the United States Government had authorized private ownership of a 1933 Double Eagle. After it was struck in 1933, President Roosevelt, in one of his first acts as President, took the United States off the gold standard in an effort to help the struggling American economy out of the Great Depression. All of the 1933 Double Eagles were ordered destroyed, but ten specimens are known to have escaped into private hands. However, as they had never been officially ’issued’ as United States coinage, they cannot be legally owned. As a result, nine of the ten specimens were seized by, or turned in to, the United States Secret Service in the 1940s and 50s and were subsequently melted. The last remaining 1933 Double Eagle surfaced in 1996 and was seized by the United States Secret Service. The coin was returned to the United States Mint as a result of the Department of Justice’s settlement of a forfeiture action, and in that landmark legal settlement, this one coin became the only 1933 Double Eagle now or ever authorized for private ownership by the United States Government.
This is a stunning reproduction of the Classic 1933 Saint Gaudens $20 Gold Double Eagle. This is not a cheap silver dollar size reproduction. It is struck from expensive, custom manufactured tooling and is composed of a double layer of 24 karat gold over pure silver! It is also struck to the exact size of the original (unlike the cheap silver dollar size repro) that will allow it to fit into a gold double eagle coin album or standard jewelry bezel. The coin is sealed in an air-tite capsule to protect the beautiful proof-like finish. This exact coin is offered nationally at $39 but is offered here at significant savings! Return to Previous Page
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1900 Penny

2021年4月3日

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CoinTrackers.com has estimated the 1900 Indian Head Penny value at an average of $2.50, one in certified mint state (MS+) could be worth $60. (see details)...
*1900 Pennywise
*1900 Penny Candies
*1900 Penny Worth
Type:Indian Head PennyYear:1900Mint Mark: No mint markFace Value: 0.01 USDTotal Produced: 66,831,000 [?]Silver Content: 0% Numismatic Value: $2.50 to $60.00Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $2.50, while one in certified mint state (MS+) condition could bring as much as $60 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1900, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: This coin was designed by James Barton Longacre, Head Engraver at mint.
The 1900 UK penny obverse features the robed bust of the older Queen Victoria facing left, adorned with jewellery and wearing a tiara beneath a veil (veiled head).1900 Pennywise
*Examples of 1900 pennies in a grade of Good-4 retail for $2 each. In addition to the 66+ million business strikes, 2,262 proof specimens were struck, and these retail for $1,275. Longacre designed 1900 Indian Head pennies. Interestingly, an “Indian” doesn’t actually appear on this penny at all.
*Your coin is an English Penny from 1900. The woman’s head on the coin is Queen Victoria of England. The reverse shows Britannia seated on a rock. The legend you describe translates as: Victoria By The Grace of God Queen of All The Britains, Defender of The Faith, Empress of India.More of the SameAll US Pennies 1859 to 2021Most Valuable Coins by Type...
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**When we say that 66,831,000, of these coins were produced or minted in 1900 this number doesn’t always match the actual circulation count for this coin. The numbers come from the United States mint, and they don’t reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.1900 Penny Candies
We use user submitted pictures please read that article if you are interested in adding your own.1900 Penny Worth
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1933 Double Eagle

1900 Penny

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