How much is a 1933 Double Eagle coin worth?

$18.9 million
Designed by August Saint-Gaudens, the 1933 golden double eagle coin was worth $20 when it was minted. But now it’s sold for $18.9 million, making it the most valuable coin in the world. Sotheby’sHolding up the most valuable coin the world. When it comes to spare change, nothing can beat the “double eagle” coin.

What was the 1933 Double Eagle?

The 1933 double eagle is a United States 20-dollar gold coin. 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.

Why is it called 1933 Double Eagle?

The Saint-Gaudens double eagle is named for the designer, Augustus Saint-Gaudens, one of the premier sculptors in American history. Theodore Roosevelt imposed upon him in his last few years to redesign the nation’s coinage at the beginning of the 20th century.

How many 1933 double eagles are there?

Furthermore, unlike the 1913 Liberty nickel, which was never supposed to have been issued, 445,500 1933 double eagle were struck in 1933 – the last year in which gold coins were made for circulation. While 445,500 Double Eagles were minted, none ever circulated, and all but two were supposed to have been melted down.

Why is it illegal to own a 1933 Double Eagle?

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.

What is the rarest Double Eagle?

The exceptionally rare 1933 “Double Eagle” is now the most valuable coin ever to appear at auction, almost doubling the previous world record, according to Sotheby’s, which organized the sale. Featuring Liberty on one side, and an eagle in flight on the other, the coin has a face value of $20.

What’s a Double Eagle?

Definition of double eagle US. : a golf score of three strokes less than par on a hole The ball landed on the front right of the green and started heading for the hole.

How much is a double eagle worth today?

The American Double Eagle has a face value of $20 and was minted 1849-1933. It is 0.9675 troy-ounce of fine gold. The coin will be from a random year of our choosing will be in fair to good condition….$2,034.

QTY Wire Transfer Price Per Unit
10+ $2,010
20+ $2,005

What happened to the 1933 Double Eagle?

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.

What was the Civil Works Administration (CWA)?

Unveiled on November 8, 1933 as part of the Federal Emergency Relief Administration (FERA), the intent of the Civil Works Administration (CWA) was to provide temporary winter construction work. It ended on March 31 of the next year after employing four million people at a cost of $200 million dollars a month for five months.

What did the Civil Works Administration do during the Great Depression?

Civil Works Administration. The Civil Works Administration (CWA) was a short-lived job creation program established by the New Deal during the Great Depression in the United States to rapidly create manual-labor jobs for millions of unemployed workers. The jobs were merely temporary, for the duration of the hard winter of 1933–34.

What is the Gold Double Eagle law and how does it work?

This law was enacted during desperate times to prevent the hoarding of gold currency. Since there would be no more gold currency issued in the U.S., the Mint had melted down the 1933 run of Gold Double Eagles and converted them to gold bullion bars by 1937.

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