Guth, Ron. #23: Example Surrendered in 2017 (Rumored to be the 1980 Kodak-Naftzger-Browning Specimen). Over the course of the next several months, Fenton worked on a number of angles looking for a way to sell the 1933 double eagle. Also, the fact that other than those sent to the Smithsonian all others were thought to be melted. And regardless of where the coins were stored, the Mints cashiers were required by regulation to make a record of each transaction at the window in their official ledger. PLEASE NOTE: Liberty Coin Service does not accept online orders for gold bullion items. Jake Bell would likely all be in attendance at the Stacks auction. A wealthy Texan collector named Groendyke was known to be in the market for rare Saint-Gaudens double eagles. You'll be proud to make this exquisite piece a part of your collection. Barnard, F.B. He had developed a serious condition that doctors would reveal to his wife to be a form of rectal cancer. The exceptionally rare 1933 "Double Eagle" is now the most valuable. Question: Were all those 1933 Saints going to be exchanged for $20 in bills or coin before they were released had FDRs orders not gone into effect ? Buy Silver Bullion. Macallister, in a later interview with the Secret Service, admitted to purchasing five 1933 double eagles from Switt in early 1937. The resulting masterpiece featured Lady Liberty striding toward theviewer into the dawn of a new day and has long been considered the most beautiful coin ever created. Why Choose Zion Metals - 1933 Liberty Gold Coin Copy Value. Kosoff confirmed Macallisters account and put forth additional information during his April 24, 1944 interview with Secret Service Special Agent Mitch Lipson. Numismatist John Jay Pittman reportedly informed the auction house of the illicit nature of the coin, which led to its withdrawal. IRA. From a numismatist's perspective, platinum U.S. As atribute to the MASSIVE impact of the U.S. Mint's BIGGEST numismatic success, the master artisans at American Mint have created the 1933 Giant Gold Double Eagle Proof Replica. Moore told Parrino that his customer was willing to pay $750,000 on the condition that the coin could be reviewed in person before payment and that the transaction takes place in the United States. According to what Kosoff told the investigator, Kosoff had only handled one 1933 double eaglea coin that he purchased from Israel Switt in 1937. David Hall Rare Coins. 1933 Double Eagle Gold Replica A faithful replica of Saint-Gaudens' gold masterpiece Considered the most beautiful coin ever created by the U.S. Mint A solid 14k gold replica of the coin worth $7,590,000 Available Item number: US_2625205 Individual Item Only Total: $129.95 Add to shopping cart Add to Wish List Description Our in-house experts focus on creating and assembling superior coins many are limited additions that are available only from American Mint. 1849 & 1933, National Collector's MINT 3 Coin Set Gold Plated .999 Silver 1907 1933 Copy, 1933 GOLD Double Eagle Lady Liberty Proof Gold Coin Total Of 2 Coins, 1933 Gold Plated Liberty Double Eagle Copy #HU1129 by National Collector's Mint. It is not a Tradable coin, but it is worth your permanent collection. Six years later, Reed sold the Hammel coin to Jake Bell or so it is claimed. Although 445,500 specimens of this Saint-Gaudens double eagle were minted in 1933, none were ever officially circulated, and all but two were ordered to be melted down. At auction, a gem uncirculated 1933 Indian Head gold eagle sold for $718,750 in 2004. He sprang into action, seeking clarity from the United States Treasury Department concerning Stacks claims about the coins purported rarity. Now you have an incredible opportunity to add this unattainable treasure to your coin collection with this solid 14k gold replica. Please call us toll-free at 800-527-2375 for up to the minute pricing if you wish to order any of the items listed below. In 1907, President Theodore Roosevelt commissioned famed sculptor Augustus Saint-Gaudens to 1933 Giant Gold Double Eagle Proof Replica, *14 Cent/Min. Including: Cash For Gold, Pawn Shops, Coin Dealers, Jewelry stores and more. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Another question surrounded the legal implications the government might face, should the courts allow the sale of the Langbord-Switt 10, given that the 2002 sale occurred with the stipulation that Farouk coin would be the only legal example of the issue. American Mint Offers the Highest Quality Items Barnard. (4) And regardless of where the coins were stored, the Mints cashiers One of the best things about collecting coins is that it providesa lens through which you can explore a range of different subjects. If you prefer to pay for your coins over time, you can make interest-free installment payments if you spend more than $100. Verdict in hand, the judge ruled that the 10 disputed 1933 double eagles had been stolen from the U.S. Mint and therefore have always been the property of the United States. If you're not pleased with an item you receive, you may return it within 90 days for a full refund of the purchase price. One of the best things about collecting coins is that it providesa lens through which you can explore a range of different subjects. He had paid Reed the astonishingly low price of $550. The specimen sold on Tuesday is the only one known to have survived. Feelings in the numismatic community regarding the revelation that the Switt family had 10 examples in their possession ran the gamut. Although each of these coins carried the standard $20 denomination, none of the coins of this issue had officially been monetized or authorized for release. One of the oldest materials used in the minting of coins, silver has long been a favorite material of both serious numismatists and casual collectors. We believe that, had the coins come to market, they would have breathed new life into the series. He, according to the stories told was a supplier of 1933 Gold Eagles and late date Double eagles starting in 1929. This is the third of five 1933 double eagles on our list that Macallister admitted to agents that he had handled but it is the second one chronologically. The coin was one of many highlights from the Stacks March 23-25, 1944 sale of the Colonel James W. Flanagan Collection of Gold Coins. For their part, even the courts found this issue difficult to navigate and for a time there seemed to be a very real possibility that the 1933 double eagle would go from an R-8 to an R-7 Low based on the Sheldon Rarity Scale. As atribute to the MASSIVE impact of the U.S. Mint's BIGGEST numismatic success, the master artisans at American Mint have created the 1933 Giant Gold Double Eagle Proof Replica. The eventual purchaser of the second Bell coin will be discussed later. Bell, having already been interviewed two weeks prior, played coy about the existence or whereabouts of the coin described on Mehls document. The date in Arabic numerals is near the bottom on the right; a monogram of the designers initials ASG is below the date. Berenstein confirmed that this was true and told authorities that he bought the coin from James G. Macallister. Tripp eludes to a similar story in Illegal Tender but does not name names. Alexander, David T. Selling Americas Rarest Coin: The 1933 Double Eagle, The Numismatist. Weighing his legal options and taking in the lay of the land, Stack finally decided to file suit for the return of his coin in New York State Court on March 16, 1950. The Eliasberg specimen was melted down in August 1956. The Barnard coin was melted down in August 1956. Many old coins were made from precious metals like gold, copper and silver and as such they are always worth the weight of the metal contained within. Franklin Delano Roosevelt, the fifth cousin of the former president Theodore Roosevelt, took 472 electoral votes and ran on the promise of a New Deal for Americans and a big government plan to end the countrys financial woes. The jeweler from Cairo sought the help of Andr de Clermont, one of the directors of Spinks London. Although Roosevelt had hoped that the sculptor would reenvision the entirety of American coinage, only two designs were finished and put into production, and both required adjustments before they were suitable for commercial coinage. 17,01 EUR + 17,31 EUR envo. Liberty Gold $1 (2) Liberty Gold $10 (14) Liberty Gold $2.50 (10) Liberty Gold $20 (38) Liberty Gold $5 (3) Saint-Gaudens Gold $20 (39) Type 2 Indian Princess Gold $1 (1) Type 2 Liberty Gold $1 (1) Type 3 Indian Princess Gold $1 (7) Shipped with USPS First Class. According to Berenstein, Smith ultimately sold the coin to Philadelphia dealer Ira Reed. Save my name, email, and website in this browser for the next time I comment. Some wondered about the impact the dispersal of 10 coins might have on the Farouk coin. The replica coins did not include any "REPLICA" or "COPY. We have sent your voucher code to your email! Just for your information, for decades the stories and tales about the 1933 have many different guesses of what happened, as far back as 1933. The block of four stamps sold for $4.9 million to set a new auction record for a US philatelic item. Federal agents thanked Berenstein for his continued cooperation and seized the coin. So the MINT lawyers prevailed with their theories. The whole story about the 1933 coggers up my memory, for it really was the first U.S. Gold Coin that received the notoriety and fame for all these decades. Nine of these coins were mutilated and melted down in the tests and the remaining 437 were placed back under lock and key in the Cashiers Vault. Replicated coins are made so that coin enthusiasts can hold a piece of history that would normally be far too expensive or elusive to own. The ultra-high relief double eagle design would ultimately require the most work. Ultimately, the government lied to the Langbords (about returning the coins), went judge-shopping for an incompetent pro-fed courtroom, and had the rules of evidence stacked in their favor. Then in 1944, a specimen, possibly pilfered by a government employee, was inadvertently approved for export to the fabulous collection of King Farouk of Egypt. The 1933, Liedman claims, was spirited away quietly and into the collection of a close friend. If you pay by credit card, future shipments will not be charged until 25 days after the invoice date. (3) David Tripp can say that the Mint tracked all the 1933 Saints until the cows come home. Out in the open, anyone trying to find a buyer for a 1933 double eagle would have found the coin to be radioactive. James Bell, alias of Chicago collector-dealer Jake Shapiro, had handled more than one 1933 double eagle. For price indications, refer to our Daily Quotes Price Page. After Farouk was removed from power, the coin disappeared until 1996 when it was seized by federal agents and stored away in a vault in the World Trade Center. Max Berenstein had one, they said. Of the three, the 1933 "Double Eagle" stole the show, becoming the world's most valuable coin by selling for a whopping $18.9 million. Also, click here to Learn About Grading Coins. as their value is only going to increase. 1933 Libery Gold Plated Copy Coin $19.00 Seller: geostra3039 (31) 96.6% or Best Offer +$5.00 shipping Sponsored Copy 1933 Liberty Standing Walking $20 Twenty Dollar Coin USA U.S.A. Gold-Plated $14.99 Seller: liquid_70 (3,347) 98.2% Buy It Now +$5.25 shipping Sponsored 1933 Gold Double Eagle Proof (2003) layered w/24K gold Am Mint COPY w/COA $16.00 The coin illustrated here is the latter of the two coins. The Kings agent paid $1,575 USD a high-end but not record price for the piece. Gold Coins Barnard had no intention to surrender his coin and sought to retain it through a filing in federal court. Collecting That's Affordable for Everyone The issuance of the export license and the subsequent departure of the coin from United States territory did not end the federal governments inquiry into the coin, however. U.S. currency is also popular with collectors who determine the value of a piece based on Commemorative Coins On July 22, 1947, the matter was settled in favor of the government. It is coins like this that contribute to the imagination and deep thoughts that make collectors truly well informed and develop their knowledge of numismatics. (2) Of course the 1933 Saints had not been monetized NO U.S. And while you're here, feel free to take a closer look at our other gold coins, as well as our assortment of full-color baseballs, pocket knives, die-cast models, and more. When Macallister sold the coin to Mehl and Mehl sold the coin to Flanagan, there is no evidence that any of the three men knew of the illicit nature of the coins. Rays from the sun extend upward from behind the Capitol and Liberty to about the level of Libertys waist. Late in the summer of 1995, the rarest and most controversial of all U.S. gold coins arrived. Illegal Tender: Gold, Greed, and the Mystery of the Lost 1933 Double Eagles. Coins were struck 2 weeks later but that was not the first of the 1933 Saints to come off the mint line. Williams surrendered it to the Secret Service in the summer of 1945, and, like many others in this list, the coin was melted down in August 1956. According to researcher David Tripp, the seriousness of Saint-Gaudens illness made him contemplate suicide. The 1933 double eagle depicted in the Kodak print was not a rumor. At least one of the Langbord-Switt coins, based on the opinions of experts weve talked to, would have graded higher than the Farouk coin, and the newfound availability and story behind the infamous 1933 double eagle would make the coin an essential 20th-century trophy for the affluent collector. Hitherto, the United States Secret Service was unaware of the whereabouts of the coin and Eliasberg was never on their radar. Farouks representative purchased the coin from Mehl on the same day that the Fort Worth, Texas mail-order dealer had purchased the coin from Philadelphia coin dealer Ira S. Reed. Silvery-white platinum metal resembles white gold or silver in appearance. The Hammell coin, federal agents would learn later during an interview with coin dealer James Macallister, was likely brought into the numismatic market by Switt through New York coin dealer Abe Kosoff. It was over 30 years ago, but believe that both coins still exist in a collection in Switzerland. So thats how stories evolve, not proved either way, and the owners of the past all surrendered theirs because they could not prove or afford to litigate each coin in their collections. Zion Metals identifies itself by providing the very best customer care.