Original Price $24.49 [14] In September 2004, the coins' ostensible owner, Joan Switt Langbord, voluntarily surrendered the 10 coins to the Secret Service. Are you concerned the precious metals train has left the station without you. Uncirculated Mint Sets 289. In 1945, the investigation identified the alleged thief and his accomplice, Switt, who admitted to selling the nine (located) coins, but said he could not recall how he obtained them. 2021. But whats so unlucky about owning one of the most coveted American coins struck in the 20th century? This coin was illegal to own, and in fact clearly had been stolen from the U.S. Mint.. 1933 Gold Double Eagle Proof Ad vertisement by americasusastore. Layered in 24k gold, the reverse proof features a matte background with shiny sculpted details. There are only 16 to 22 of the Ultra High Relief coins of 1907. You may cancel this service at any time by calling toll-free 1-877-807-MINT. Learn more. Coin Highlights: Contains 1/10 oz actual Gold weight. Original Price $65.33 The auction took less than nine minutes. They were shown to jurors in Philadelphia during the July 2011 trial, and were then returned to Fort Knox, where they were to remain until a decision was made regarding their disposition. Eight of the recovered coins were destroyed, making this one of the world's rarest coins, with only 14 known specimens remainingonly one of which is privately owned, which is known as the Weitzman Specimen. He was arrested during the 1930s (sometime after Roosevelts proclamation outlawing the private ownership of gold) while carrying a suitcase of U.S. gold coins to the Philadelphia Mint for melting. Those interested in examining a high-resolution image of the unique PCGS MS65 1933 Saint-Gaudens Double Eagle can view it via PCGS Cert Verification. . Take full advantage of our site features by enabling JavaScript. Original Price $384.23 As William Shakespeare wrote in his 16th-century play Merchant of Venice: All that glisters is not gold How the discovery of 10 1933 gold double eagles altered life for Israel Switts heirs, Coin World. Thanks. 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. [22] This order was reversed on July 28, 2015, and in October 2015, an en banc session was held with 13 judges from the Third Circuit Court of Appeals, where they heard oral arguments in the ongoing appeal. On February 29, 1944, one of the 1933 Double Eagles left the United States after being sold to a foreign national by a coin dealer in Texas; that must have been the Farouk coin. Guarino, Ben. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, with the exception of the following: (a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold. No further action is required on your part. Great! Looking for gold and silver coins? Langbord knew all of this when he and his father agreed to consult a lawyer about what to do. The Langbords decided to sue the government. Free shipping for many products! Fill out the requested information. Two weeks later, on the evening of January 12, 1905, acclaimed sculptor Augustus Saint-Gaudens was in the White House enjoying a glass of wine before dining with Roosevelt and Shaw. Roy Langbord is Switts grandson and also an attorney. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. The 1933 double eagle $20 gold coin is one of American Numismatics' most notorious coins. KENWOOD Digital World Clock HC-10 (#304809295422), World coin collection - 3 sets: Euro-Zone, Bahamas & Russia (#304766481712). New York City: Mecca of Numismatic Artistry, The Numismatist. The 1933 Double Eagle sold for $6.6 million, plus its $20 face value and a 15 percent fee to the auction housea grand total of $7.6 million. Somehow the agents were led to Israel Switt, who had sold the 10 coins in question. 1933 Saint-Gaudens Gold Double Eagle Colossal Commemorative Coin. From handmade pieces to vintage treasures ready to be loved again, Etsy is the global marketplace for unique and creative goods. See Sold Price. No matter what denomination or design you seek, there is a Pre-1933 collectible Gold coin for you. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. It is ironic that while one Roosevelt helped give us the stunningly beautiful Saint-Gaudens Double Eagle, another Roosevelt made it a federal crime to possess one dated 1933. A coin where only a handful are known and where one example sold at auction for millions of dollars? 1933 St. Gaudens Large Replica of a Double Eagle Gold Piece, 1.5" diameter, 1 ounce, .999 fine copper round, encapsulated and BEAUTIFUL! [citation needed] Therefore, while double eagles recovered prior to 1974 were melted down, any double eagle recovered now can be spared this fate. Tribute to 1933 Gold Double Eagle Proof - 10 Mil 24Kt Gold w/ Clad Base in Velvet Case & COA, COPY 1933 Gold Double Eagle Proof TRIBUTE EDITION, (11) National Collector's Mint $5 Gold Proof Tribute Collection coins, 10 mil 24KT gold clad base, individually struck proof, limited edition. This act declared that gold coins were no longer legal tender in the United States, and people had to turn in their gold coins for other forms of currency. We have sent your voucher code to your email! 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. (c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements. I would have the Mint stamp modern versions of those Greek coins in spite of itself, said Roosevelt, if the honored sculptor would design them. latest deals on genuine U.S. currency and exclusive American Mint commemoratives. In 1904, President Theodore Roosevelt decided that American coins lacked artistic merit and 1933 Gold Double Eagle Reverse Proof Archival Edition, *14 Cent/Min. It was moved to the bullion vaults of Fort Knox, Kentucky, after the case was settled in late January of 2001, less than eight months before 7 WTC was destroyed in the 9/11 terrorist attack. Notes - Delivery *Estimated delivery dates include seller's handling time, origin ZIP Code, destination ZIP Code and time of acceptance and will depend on shipping service selected and receipt of cleared payment. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. Of course, you don't have to be a dedicated collector to enjoy the variety of Are coins not your thing? Each Proof has been layered with over a mila-inch of pure 24K Gold and bears the historic 1933 date. The ever-diligent Secret Service set up a sting, whereupon they seized the coin and imprisoned Fenton. Collectors Universe Press Releases
This type of data sharing may be considered a sale of information under California privacy laws. The Curious Case of the Condition Census 1879-CC Eagle, Young Numismatist: An Old Soul Who Loves Type Coins, Long Beach Expo Kicks Off As Largest Collectibles Show on the West Coast February 2-4, 2023, Long Beach Expo Welcomed Scores of Collectors from Near and Far, Five Collecting Trends for the 2022 Rare Date Gold Market, Collectors Announces New $100 Million Financing Round. The unique specimen being offered by Sotheby's is expected to take between $10 million and $15 million. As a result, an official investigation into the matter was launched by the Secret Service in March 1944. It was resold in 2021 for the phenomenal price of $18.9 million! To My Young Brothers & Sisters at Reddit & Elsewhere. $7.50, $24.99 Twenty-five years later, as America found itself in the grip of the Great Depression, President Franklin D. Roosevelt, made private ownership of gold illegal and all 1933 double eagles were ordered to be melted down into plain gold bars. However, unknown to the mint, a number of the coins (20 have been recovered so far) were stolen, possibly by the U.S. Mint cashier, and found their way via Philadelphia jeweler Israel Switt into the hands of collectors. View cart for details. $20 USD Mintage 445,500 Now one of the rarest coins of all time, the 1933 Saint-Gaudens double eagle is also one of the most valuable. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. n.d. (http://www.cnn.com/2002/US/07/30/double.eagle/index.html), https://www.usmint.gov/news/press-releases/20020207-the-united-states-government-to-sell-the-famed-1933-double-eagle-the-most-valuable-gold-coin-in-the-world. The 1933 double eagle is among the most valuable of U.S. coins, with the sole example currently known to be in private hands-the King Farouk specimen, which was purchased by King Farouk of Egypt in 1944-selling in 2002 for $7,590,020 [11] and resold to an unknown buyer in 2021 for $18.8 million. It is composed of brass and layered with 24kt gold. Free shipping for many products! CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. According to the out-of-court settlement, the U.S. Mint agreed to declare the notorious coin the only 1933 Double Eagle ever to have been issued (monetized) by the U.S. government. The Courts decision upholds the rule of law and makes clear that the government will be held accountable when it violates the rights of its citizens and the clear mandate of Congress, Berke wrote to The Washington Post in 2015. 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