2016. Due to the unique circumstances and rarity of the 1933 Saint-Gaudens Double Eagle, PCGS is taking the unusual step of, at the auctioneer's request, grading and certifying, but not holdering this rarity in PCGS' tamper-evident holder. In 1907, President Theodore Roosevelt commissioned famed sculptor Augustus Saint-Gaudens to redesign the Gold Double Eagle coin. Many millions of Saint-Gaudens Double Eagles were melted down in the 1930s. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! The 1933 double eagle $20 gold coin is one of American Numismatics' most notorious coins. That initiated a legal struggle that stretched out over a decade. American Mint has no minimum purchase requirements. See Sold Price. St. Gaudens Double Eagles. (50% off), Sale Price $22.45 Refresh your browser window to try again. She said that the majoritys decision was based mainly on its buy-in to the Governments audacitythe Governments say-so that it owned the 1933 Double Eagles and had no intention of forfeiting them. She said that the Civil Asset Reform Act was developed in order to prevent government seizure of civilian property, writing that the majority had set an incorrect and dangerous precedent., The Langbord family fully intends to seek review by the Supreme Court, Berke explained to Reuters in 2016, of the important issue of the unbridled power of the government to take and keep a citizens property.. Not Sell or Share My Personal Information. Take full advantage of our site features by enabling JavaScript. Do you have any questions or concerns? A high-stakes dispute over ten pieces of gold: Court reclaims priceless Double Eagle coins for U.S. government, The Washington Post. 42 Cent/Min. His legal team argued that the United States had provided written permission for the coin to be included in a private collection: the export license of 1944. These Double Eagles were never lawfully issued, but instead, were taken from the Mint in an unlawful manner more than 70 years ago, said Acting Mint Director David Lebryk in a 2005 press release. From handmade pieces to vintage treasures ready to be loved again, Etsy is the global marketplace for unique and creative goods. Would they do the same for a painting or piece of sculpture? Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. This brought the final sale price to $7,590,020.00, almost twice the previous record for a coin. Caring for your collectibles is essential for preserving their appearance and protecting their long-term value. (10% off), Sale Price $7.50 He had read an article in the New York Times about the public auction by Sothebys and Stacks on July 30, 2002 of the alleged King Farouk specimen. We are excited and proud to be given the opportunity to formally certify the 1933 Saint-Gaudens Double Eagle," says PCGS President Brett Charville. Roosevelt and Saint-Gaudens agreed that the new double eagle should be in high relief, similar to the beautiful gold coins of ancient Greece. Shaw wrote back to the sculptor on January 13, attaching a copy of a letter from Mint Director George E. Roberts, who wrote, [T]he judgment of the authority of all countries is that modern coins must be of low relief. But since the President disagreed with Roberts opinion, Saint-Gaudens was given the go-ahead to develop a high relief design. Copyright 1995-2023 eBay Inc. All Rights Reserved. The locks had to be drilled open to repair the boxes, and therefore the contents of each box needed to be removed. Gilded tombs do worms enfold. The Gold Quarter Eagle and the Liberty Gold Double Eagle are popular choices, as are the Gold Half Eagle and the Saint-Gaudens Gold. 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. When you spend $150 or more, shipping and handling is on us. On August 1, 2016, the judges reversed the previous ruling, finding the coins to be property of the United States government. The unique specimen being offered by Sotheby's is expected to take between $10 million and $15 million. Platinum Coins Eventually the Secret Service tracked them all down and destroyed them (except for the Farouk coin). Many sellers on Etsy offer personalized, made-to-order items. Just before the terrorist attacks destroyed the World Trade Center in 2001, the legal status of the 1933 Saint-Gaudens Double Eagle specimen hailing from King Farouk was resolved and the coin was subsequently removed from the ill-fated New York City landmark. According to a report on CNN.com, years later the Secret Service learned that George McCann, the Mints chief cashier, had taken 10 of those illegal coins out of the Mint. 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. Save on delivery. Remembering his days working in his grandfathers store, Langbord recalled that LL was 33, while DE was double eagle. In total there were 10 envelopes marked LLDE, each containing one 1933 Double Eagle. He was told that they had no public value but were perhaps worth $250,000. Find many great new & used options and get the best deals for 1900 US Gold $5 Liberty Head Half Eagle Free Shipping at the best online prices at eBay! The edge of the rim bears E PLURIBUS UNUM along with a series of six-pointed stars. For thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. * All prices are quoted net of the statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise described. 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. Regardless of how they got circulated or anything else we all are forgetting 1 specific fact. But then the notorious coin disappeared for over 45 years. Since the moment it was moved to Fort Knox, the United States Mint Police guarded the coin until after the auction ended. It became part of his fabulous collection and was beyond their reach. | Stacks Bowers). Sale Price $15.78 A coin where only a handful are known and where one example sold at auction for millions of dollars? Captcha failed to load. The obverse design of the Saint-Gaudens double eagle would reappear on U.S. coinage beginning in 1986 with the introduction of the American Gold Eagle. Garrett tells us that the 1927-D is more rare than the 1933. When pricing any object, one first looks at comparables other objects of similar type and quality and the prices they sold for. Something went wrong. The Freedom of Information Act document released after their visit references the coins as "ten (10) '1933 Double Eagle' gold coins recently returned to the custody of the Mint."[25]. Switt wasnt charged, but the coins were confiscated and melted, and he was not compensated. One by one, the Secret Service was able to locate - and confiscate - most of the coins. LoveCanWin (100) $16.95 FREE shipping 1933 St Gaudens Platinum-Accented Eagle Replica Archival Collection 24k Gold Saint-Gaudens ThisArtGallery (1,473) $44.99 FREE shipping More information about the sale of the 1933 Saint-Gaudens Double Eagle and other items up for bid at the Sothebys Three Treasures Collected by Stuart Weitzman live auction, can be found at the Sothebys website. It was after his release from jail that Fenton initiated a prolonged legal battle to retain the coin. According to the Coin World interview, Roy suspected that Mint officials had ulterior motives when, in the presence of Secret Service agents, the officials were filming the removal of the coins from their envelopes. Toll-free Customer Service Number: You will benefit from our experienced staff and international trade partners: we can offer you select rarities at especially fair prices. Save on delivery. Minted tothe highest quality "Proof" standard, this AMERICAN MINT EXCLUSIVE reverse proof is layered entirely in 24k gold and is handsomely presented in our NumiShield Archival Case to protect it for generations to come. Chief Engraver Charles E. Barber crafted his version of it with a greatly lowered relief and changed the date to 1907. [19] The decision was affirmed on August 29, 2012, and the plaintiffs planned to appeal. Collectors Universe Press Releases Picture Information. A number left the mint surreptitiously. This coin is a true gem! $20 Gold Double Eagles; $20 Gold Double Eagles. Original Price $243.00 [1] A secondary source reports that the Secret Service found that only one man, George McCann, had access to the coins at the time and served prison time for similar embezzlement in 1940. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. It was resold in 2021 for the phenomenal price of $18.9 million! [17], On October 28, 2010, United States District Court judge Legrome D. Davis released a 20-page decision regarding claims to the coins by descendants of Israel Switt, leading to a trial in July 2011. The 2002 buyer remained anonymous for nearly two decades, until March 2021, when it was revealed in a New York Times article to be collector Stuart Weitzman. The winning bidder of the coin may submit it to PCGS for holdering to provide state-of-the-art security at no additional charge. Under sworn testimony, he insisted the double eagle had come from the collection of King Farouk, though this could not be verified. By ordering a product at the discounted price, you will have the privilege of receiving future issues in the collection through our FREE in-home approval service. The reverse shows the side view of an eagle in flight with a rising sun and its rays behind the bird. Its also home to a whole host of one-of-a-kind items made with love and extraordinary care. The Langbords decided to sue the government. americasusastore. Does shopping on Etsy help support small businesses? A recent auction at Heritage saw a 1924 Saint graded MS 64 by NGC sell for $1,440.00. If you pay by credit card, future shipments will not be charged until 25 days after the invoice date. 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. Switt may have obtained the stolen 1933 double eagles through a relationship with the head mint cashier. Often have you heard that told. All persons are hereby required to deliver on or before May 1, 1943, 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: Congress additionally passed the Gold Reserve Act in 1934, which outlawed the circulation and private possession of United States gold coins for general circulation, with an exemption for collector coins. On July 30, 2002, the 1933 double eagle was sold to an anonymous bidder at a Stacks Bowers auction held in New York for $6.6 million, plus a 15-percent buyer's premium, and an additional $20 needed to "monetize" the face value of the coin so it would become legal currency. I believe 80 years later that FDR WELL ITS just ignorance and too those who find one of these coins Im just sayin we have whats called a dremel, 1943 steel pennies people has tried for years to make a copper mold to collect. A ninth coin was recovered and destroyed in 1952. 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. 5 out of 5 stars (25) $ 29.00. Langbord said they were told they could be taken for a short time, but we never gave them carte blanche.. When you spend $150 or more, shipping and handling is on us. Free shipping for many products! Now one of the rarest coins of all time, the 1933 Saint-Gaudens double eagle is also one of the most valuable. Set where you live, what language you speak, and the currency you use. Lot of 3 reproduction 1854 San Francisco Mint Double Eagle Tribute 20$ Coins. (25% off), Sale Price $288.17 If you do not wish to preview future issues in the collection, please select the Individual Item Only tab above. Of all coins produced by the US Mint prior to 1933, few are more popular the $20 Liberty Gold Double Eagle. The key date and super-rare coins are not determined by their original mintage. If you pay by credit card, future shipments will not be charged until 25 days after the invoice date. Collecting Saint Gaudens, Parts I, II, III, IV, V, NGC.com. BulldogSilver. Thus, from a legal standpoint, issues were murky enough to lead to a settlement. Thanks. Through Switt, nine of the 1933 Double Eagles were tracked down by the feds and eventually destroyed. It is the survival rate of each issue that determines rarity. The auction took less than nine minutes. The artists initials are found below the date. 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