- Product description
Designed in 1907 by renowned sculptor, Augustus Saint-Gaudens, the Gold Double Eagle was a magnificent work of art that has been called the most beautiful American coin ever created.
However, it was not until 1933, when President Franklin D. Roosevelt made private ownership of gold illegal, that the $20 gold coin would reach mythical status. In 1933, with America caught in the grip of the Great Depression, President Roosevelt made private ownership of gold illegal. The government confiscated all Gold Double Eagles minted in 1933 and melted them down into plain gold bars. Only a few coins escaped this fate. Two were sent to the Smithsonian, while a handful were secreted away by a Mint employee. One-by-one, federal agents were able to locate – and confiscate – most of the coins.
However, one resurfaced in 1944 as part of an Egyptian king’s coin collection, but political considerations prevented the Secret Service from claiming it. After the king’s death, the coin ended up in America’s possession where is was stored at the World Trade Center, only to be moved just days before the terrorist attacks of September 11, 2001. In 2002, it sold at auction for an astonishing 7.59 million dollars, making it the most expensive gold coin in history.
Limitation 9,999 complete collections Material Cu, layered in 24k gold Weight 110 g Measures Diameter: 70 mm Quality Proof Issue Year 2012 Reverse Gold Eagle Obverse Liberty
American Mint charges a flat rate of $4.95 shipping and handling fee for all Internet orders.
6% sales tax will be added to all PA orders.