Who bought the 1933 double eagle?

Two coins were sent to the Smithsonian Institution, Sotheby's said. On Tuesday, the privately owned 1933 Double Eagle coin was sold by American shoe designer and collector Stuart Weitzman. Weitzman acquired the coin in 2002 for what was then a world record price of $7.6m.

How much did the 1933 Double Eagle sell for?

Fashion mogul Stuart Weitzman's 1933 Double Eagle gold coin shattered auction records for the world's most valuable coin at Sotheby's New York on Tuesday morning. The rare coin, the only of its kind in private ownership, sold for US$18.9 million, nearly doubling the world record, Sotheby's said.

Where is the 1933 Double Eagle?

Mint's director ordered the melting of all 1933 Double Eagles, which had been struck but never issued. Two specimens were given to the Smithsonian Institution, which now houses the coins in the National Museum of American History's collections.

Is it illegal to own a 1933 Double Eagle coin?

Currently, with the exception of the one sold on July 30, 2002, 1933 double eagle coins cannot be the legal possession of any member of the public, as they were never issued and hence remain the property of the United States government.

What is the rarest double eagle?

Register now for FREE unlimited access to Reuters.com. June 8 (Reuters) - A 1933 Double Eagle gold coin sold for a record-setting $18.9 million at auction in New York on Tuesday, and the world's rarest stamp went for $8.3 million.

Why This 1933 Double Eagle Coin Will be Worth Millions

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.

What is a 1933 Liberty coin worth?

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.

Can the U.S. government take your gold?

Under current federal law, gold bullion can be confiscated by the federal government in times of national crisis. As collectibles, rare coins do not fall within the provisions permitting confiscation.

How much is a 1933 gold $20 coin worth?

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.

What is the rarest coin in the world?

What is the rarest gold coin?

Simply put, the $3 Princess is the rarest U.S. gold coin made for circulation. Most U.S. gold coin series have common and scarce issues, but every $3 date is considered rare. Over 36 years of production, only 538,174 pieces were struck.

What is the most expensive coin ever sold?

The most expensive coin sold at auction is The 1933 Double Eagle which sold for $18,872,250 (£13,334,400 / €15,495,400) at Sotheby's in New York, USA, on 9 June 2021. The coin, which depicts an American eagle in flight on one side and Liberty striding forward on the other, has a face value of $20.

Why is the 1933 penny so valuable?

With no precise record of the number made, and with the coin having been struck to ordinary circulation standard, it seemed possible that one might turn up in everyday use, prompting a generation to search their change for the rare but ultimately elusive penny of 1933.

How much is a gold coin worth in John Wick?

A $1000 gold coin would be worth approximately $2000 or more in real money based on the physical size of each coin and the current price of gold.

Are pre 1933 gold coins a good investment?

With virtually no downside risk to the coin's numismatic value and tremendous upside potential, an investment in pre-1933 US gold coins such as the $20 Saint-Gaudens seems like a no-brainer to the savvy gold investor. Here are the reasons why pre-1933 US gold coins present a unique buying opportunity.

Are there any 1964 Peace dollars?

That coin is the 1964-D Peace dollar -- and it is, without much doubt, the single most valuable U.S. coin struck in the last 65 years, or since the production and immediate withdrawal of the 1933 double eagle. How much is it worth? That's hard to say, since there never has been a published report of any being sold.

How much gold can a U.S. citizen own?

Is there any limit on how much gold I can own ? No, there are no restrictions on private gold ownership in the United States. You are limited only by your budget and common sense. Do you report my gold purchases to the Government or any one else ?

How much gold can I buy without reporting?

However, no government regulations require the reporting of the purchases of any precious metals, per se. If payment is made by cash greater than $10,000, however, it becomes a “cash reporting transaction.” It is not the gold that the government wants reported but the cash.

Do you pay taxes on gold bars?

Do I have to pay taxes if I sell gold? In general, you have to pay tax when you sell gold if you make a profit. According to the IRS, precious metals like gold and silver are considered capital assets with financial gain from their sale seen as taxable income.

What's the most expensive US coin?

The 1794 Flowing Hair Silver Dollar may sit atop the rankings of the most expensive coin ever sold, at least for now. Some experts believe that it was the first silver dollar struck by the U.S. Mint. The front features a profile of Lady Liberty with flowing hair, while the reverse shows an American eagle.

What is the oldest coin in the world?

The Oldest Coin in the World. Created over 2,700 years ago, but now located in the British Museum, is the Lydian Lion, the oldest coin in the world. It is a one-sided design featuring a roaring lion, the emblem of the Lydian Kings who created it around 610-600 BC.