The 1933 Saint-Gaudens Gold Double Eagle is a highly sought-after and historically significant coin in the numismatic world.
The Saint-Gaudens Double Eagle series was designed by acclaimed sculptor Augustus Saint-Gaudens and minted from 1907 to 1933. The design is widely considered one of the most beautiful in U.S. coinage history.
In 1933, due to the economic hardships of the Great Depression and the country's shift away from the gold standard, President Franklin D.
Roosevelt issued Executive Order 6102, which prohibited the hoarding of gold coins, gold bullion, and gold certificates. As a result, most of the 1933 Double Eagles were melted down, and only a small number were legally released.
One notable exception is the single 1933 Double Eagle that was sent to the Smithsonian Institution for preservation.
However, several others were reportedly obtained by collectors through unauthorized channels, leading to legal controversies and disputes. In the early 2000s, the U.S. government and a private collector reached a settlement, and the coin was allowed to be sold at auction.
The 1933 Saint-Gaudens Gold Double Eagle is now one of the rarest and most valuable coins. If you happen to come across one, it's essential to authenticate it, as the U.S.
government considers any privately-owned 1933 Double Eagle to be illegal to possess unless it falls under specific exemptions, such as the one held by the Smithsonian. Always consult with experts and authorities in the field of numismatics if you are dealing with such a rare and historically significant coin.
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