The 1933 double eagle coin is one of the rarest and most valuable coins in the world.
With a record sale price of €18,000,000, this American gold coin alone embodies the fascinating and tumultuous history of numismatics in the United States.
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An Ephemeral and Controversial Strike
The double eagle coin, worth $20, was last minted in 1933 in the United States. That year, President Franklin D. Roosevelt ordered the withdrawal of gold from circulation in order to combat the Great Depression. Only a few dozen examples were able to escape the meltdown, making this piece a true rarity.
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2 pieces remaining on earth only
Most of the 1933 double eagles were melted down by government order, with the exception of two coins which were retained by the United States Mint. One was stolen in 1933 and not recovered until 1996, when it was seized by federal authorities. This piece ultimately sold at auction for a record $7.59 million in 2002.
An eventful and controversial sale
The 1933 double eagle coin that sold for $18.9 million in 2021 has an equally fascinating history. It was acquired in 1944 by a private collector, who kept it for decades. In 2002, the U.S. government attempted to seize this coin, claiming it was stolen. After a long legal battle, an agreement was finally reached in 2011, allowing the piece to be sold at auction.
A record amount
During this historic sale at Sotheby’s in 2021, the piece was sold for the record sum of $18,900,000, beating the previous record set in 2002. This sale sparked numerous controversies, with some criticizing the fact that this piece, which belongs to the American national heritage, was sold to a private collector.
An Emblematic Coin of American Numismatics
Beyond its record price, the 1933 double eagle coin has become a true symbol of American numismatics. It embodies the turbulent history of currency in the United States, marked by political decisions, thefts and legal battles. This rare and precious coin fascinates collectors around the world, who see it as a true numismatic treasure. Its value continues to increase, reflecting the enthusiasm of enthusiasts for rare and historical pieces.
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This article explores the history of the 1933 double eagle coin, a true gem of American numismatics. Its eventful history, its record price and its status as an emblematic piece make it an exceptional collector’s item. This gold coin alone embodies the passion and fascination that numismatic treasures arouse among collectors around the world.
