The $7.6 million '33 Double Eagle

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Elijah Craig 18
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The $7.6 million '33 Double Eagle

Very interesting article on the '33 Double Eagle. Thought many of you not familiar with the story and its "conclusion" last month might find it very interesting.

Gold Coins: The Mystery of the Double Eagle

by Susan Berfield
Friday, August 26, 2011

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How did a Philadelphia family get hold of $40 million in gold coins, and why has the Secret Service been chasing them for 70 years?

double_eagle
U.S. Mint/AP Photo
This coin is worth $7.6 million

The most valuable coin in the world sits in the lobby of the Federal Reserve Bank of New York in lower Manhattan. It's Exhibit 18E, secured in a bulletproof glass case with an alarm system and an armed guard nearby. The 1933 Double Eagle, considered one of the rarest and most beautiful coins in America, has a face value of $20—and a market value of $7.6 million. It was among the last batch of gold coins ever minted by the U.S. government. The coins were never issued; most of the nearly 500,000 cast were melted down to bullion in 1937...

http://finance.yahoo.com/family-home/article/113398/double-eagle-gold-coins-mystery-businessweek

Edited by admin on 11/08/2014 - 06:31

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