Most Expensive Coins #002: Double Eagle 1933

The next round of Double Eagles, minted in 1933, got recalled from the general public and melted by the mint, due to the then President, Theodore Roosevelt, banning anyone from owning gold. This was because he thought it would help the banking crisis that was happening at the time, however, somehow a small amount of 1993 dated Double Eagles escaped from the mint’s vaults. Now interestingly, it’s still illegal to own one of these coins, and if you’re found with one, it will be seized immediately. However, one private owner managed to acquire a coin, which was originally owned by King Farouk of Egypt and was then forced to sell the coin and split the proceeds with the U.S mint. The 193...View all