![]() So I think we’ll stick to calling it the “Caesar assassination coin.” Remember this thing is 2000 years old! Incredible. Look at how clean and detailed the etchings are on the coin. By the late 90s, experts figured fewer than 120 remained, with the majority of them in pretty awful condition. Over time, the supply of these coins dwindled. The Flowing Hair Dollar is one of the most famous coins in US history.Īfter a few years of independence, George Washington and Alexander Hamilton believed it was time to introduce an official national mint.ġ60,295 Flowing Hair Dollars were circulated in 1794, and each coin was 90% silver. Last June, the coin was sold again via a private Sotheby’s auction for a monster $18.9 million. In 2002, Fenton sold the coin for $7.6 million. In exchange, the US would officially mint this specific Double Eagle coin, making it the only one legally allowed to trade. Now just 13 remain, 12 of which are illegal to sell, and the only legal one remaining is worth nearly $20 million.Īfter a prolonged legal battle, Fenton eventually reached an agreement with the US government he would sell the coin, and the government would receive half the proceeds. In the 1930s, this gold coin cost $20 (About $450 in today’s dollars). Why? Because the Double Eagle coin was still illegal to own in the United States. In 1996, he was arrested by the US Secret Service in a sting operation. It’s estimated that 20+ were salvaged, but to public knowledge, only 13 remain.Ī few decades later, one of the thirteen found its way to King Farouk of Egypt before being acquired by British coin dealer Stephen Fenton. Naturally, some savvy Americans ignored the decree and held onto their coins. As a result, officials were ordered to recall the 1933 Double Eagle and melt them down. The initial supply for this coin, (called the Double Eagle) was half a million coins.īut a few months after minting, President Franklin D Roosevelt executed Order #6102, banning the use of gold as currency. It was 1933, and Americans had been treated to a new form of currency - the $20 gold coin. The most expensive coins in the world 1933 Double Eagle Look at it fly! Over the past year, the average price of a rare coin has jumped by over $10,000.
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