"is unclear, but the coin resurfaced in the late 1990s. When brought to New York for sale to a prospective buyer, it was seized by U.S. authorities. After litigation, a compromise was reached to allow the coin to be auctioned, with the proceeds to be divided equally between the government and the private owners. In 2002 this coin sold at auction by Sotheby's for $7,590,020. The purchase price included $20 paid to the federal government to monetize a coin it contended had never been officially released. In 2004, 10 specimens of the 1933 double eagle were submitted to the Mint"
"Liberty Head double eagle The Liberty Head double eagle or Coronet double eagle is an American twenty-dollar gold piece struck as a pattern coin in 1849, and for commerce from 1850 to 1907. It was designed by Mint of the United States Chief Engraver James B. Longacre. The largest denomination of United States coin authorized by the Mint Act of 1792 was the eagle, or ten-dollar piece. The large amount of bullion being brought east after the discovery of gold in California in the 1840s caused Congress to consider new denominations of gold coinage. The gold dollar and double eagle"
"use in international trade, until 1933. The 1933 double eagle is among the most valuable of U.S. coins, with the sole example currently known to be in private hands selling in 2002 for $7,590,020. The double eagle, or twenty-dollar gold piece, was first issued in 1850; its congressional authorization was a response to the increasing amount of gold available as the result of the California Gold Rush. The resulting Liberty Head double eagle, designed by Mint Engraver James Longacre, was struck for the remainder of the 19th century, though the design was modified several times. The double eagle, due to"
"declining health and difficulties because of the high relief of his design. Saint-Gaudens died in 1907, after designing the eagle and double eagle, but before the designs were finalized for production. The new coin became known as the Saint-Gaudens double eagle. Regular production continued until 1933, when the official price of gold was changed to $35/oz by the Gold Reserve Act. The 1933 double eagle is among the most valuable of U.S. coins, with the sole example currently known to be in private hands selling in 2002 for $7,590,020. Regular issue double eagles come in two major types and six"
"double eagle coin he designed for the US Mint, 1905–1907, though it was adapted for minting, is still considered one of the most beautiful American coins ever issued. Chosen by Theodore Roosevelt to redesign the coinage of the nation at the beginning of the 20th century, Saint-Gaudens produced an ultra high-relief $20 gold piece that was adapted into a flattened-down version by the United States Mint. The ultra high-relief coin took up to 11 strikes to bring up the details, and only 20 or so of these coins were minted in 1907. The Ultra High Reliefs did not stack properly"
"fake 1907 high-relief nominally US$20 gold Double Eagle coins with the signature omega in the claw of the eagle, worth hundreds of millions of dollars at today's prices. His counterfeits are of such high quality that collectors will pay upwards of $1,000 for one; although a genuine coin sells for about $50,000 to $100,000. The same counterfeiter also counterfeited other US gold coins, including a large quantity of $3 gold pieces, dated 1874, 1878 and 1882, with the 1882 being the most prevalent. Three of the counterfeit $10 gold pieces, the 1910-P, the 1913-P and the 1926-P, have the omega"
"1933 double eagle The 1933 double eagle is a United States 20-dollar gold coin. 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 melted down. However, 20 more are known to have been rescued from melting by being stolen and found their way into the hands of collectors before later being recovered. Nine of the recovered coins were destroyed, making this one of the world's rarest coins, with only 13 known specimens remaining—only one of which is privately owned. The two intentionally spared coins are in"
"were the result. After considerable infighting at the Philadelphia Mint, Chief Engraver James B. Longacre designed the double eagle, and it began to be issued for commerce in 1850. Only one 1849 double eagle is known to survive; it rests in the National Numismatic Collection at the Smithsonian. The coin was immediately successful; merchants and banks used it in trade. It was struck until replaced by the Saint-Gaudens double eagle in 1907, and many were melted when President Franklin D. Roosevelt recalled gold coins from the public in 1933. Millions of double eagles were sent overseas in international transactions throughout"
"1924 double eagles were found in European bank vaults, and today the 1924 is one of the most common of the series. On the other hand, the 1925-S had 3,776,500 struck, but few were released or exported, remaining in Treasury and bank vaults—but available from the Treasury at face value in 1932. Fewer than a thousand are known to have survived; one, in almost-perfect condition (graded MS-67) sold in 2005 for $287,500. Explanatory notes Citations Other sources Saint-Gaudens double eagle The Saint-Gaudens double eagle is a twenty-dollar gold coin, or double eagle, produced by the United States Mint from 1907"
"Saint-Gaudens double eagle The Saint-Gaudens double eagle is a twenty-dollar gold coin, or double eagle, produced by the United States Mint from 1907 to 1933. The coin is named after its designer, the sculptor Augustus Saint-Gaudens, who designed the obverse and reverse. It is considered by many to be the most beautiful of U.S. coins. In 1904, President Theodore Roosevelt sought to beautify American coinage, and proposed Saint-Gaudens as an artist capable of the task. Although the sculptor had poor experiences with the Mint and its chief engraver, Charles E. Barber, Saint-Gaudens accepted Roosevelt's call. The work was subject to"
"Sotheby's, making it by far the most valuable coin ever sold up to that time (a 1794 Flowing Hair Dollar sold for over $10 million in January 2013). In early 1933, more than 445,000 Double Eagle coins were struck by the U.S. Mint, but most of these were surrendered and melted down following Executive Order 6102. Only a few coins survived. In 2007 the Royal Canadian Mint produced a gold coin with a face value of $1,000,000, though the gold content was worth over $2 million at the time. It measures in diameter and is thick. It was intended as"
"great rarity—only 3,789 were struck. One sold for $414,000 at auction in March 2009. Carson City double eagles circulated for the most part only locally, since they were only struck in response to the deposit of gold bullion and the request of the depositor that it be coined into twenty-dollar pieces. Heavy production of the coin occurred in San Francisco and satisfied the needs of Californians and those in the export trade. As gold did not circulate in the East, most Philadelphia pieces of this era were either sent west, or exported and melted. In November 1872, Chief Engraver William"
"American Gold Eagle The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term ""eagle"" also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., ""1/2-ounce American Gold Eagle"") to avoid confusion. This is particularly true with the 1/4-oz American Gold Eagle, which has a marked face value of ten dollars. Offered in 1/10 oz, 1/4"
"was struck into twenty-dollar pieces. According to Bowers, the double eagle ""represented the most efficient way to coin a given quantity of gold bullion into coin form"". Regular production of the double eagle began with the striking of just over a million at Philadelphia in 1850, and 141,000 at the New Orleans Mint that year. Double eagles were struck at New Orleans every year from 1850 to 1861, generally in small quantities. In the early years of the Liberty Head double eagle, when no mint was in the Far West, some California gold was presented there for coining into double"
"a year in which double eagles were only struck at Philadelphia, and just 1,000 business strikes and 106 proof pieces were issued. The 2015 edition of R.S. Yeoman's ""A Guide Book of United States Coins"" lists the 1886 in Very Fine condition (VF-20) at $22,500. Explanatory notes References Bibliography Books: Other sources: Liberty Head double eagle The Liberty Head double eagle or Coronet double eagle is an American twenty-dollar gold piece struck as a pattern coin in 1849, and for commerce from 1850 to 1907. It was designed by Mint of the United States Chief Engraver James B. Longacre. The"
"The regulations prescribed within Executive Order 6102 were modified by Executive Order of April 20, 1933, both of which were ultimately revoked and superseded by Executive Orders and 6261 of August 28 and 29, 1933, respectively. Executive Order 6102 also led to the extreme rarity of the 1933 Double Eagle gold coin. The order caused all gold coin production to cease and all 1933 minted coins to be destroyed. About 20 illegal coins were stolen, leading to a standing United States Secret Service warrant for arrest and confiscation of the coin. A legalized surviving coin sold for over $7.5 million"
"Classic Head Quarter Eagle The classic head $2.50 gold coin is an American coin, also called a Quarter Eagle, minted from 1834-1839. It features Liberty on the obverse and an eagle on the reverse. 1834 witnessed tough economic times in the United States. President Andrew Jackson was opposed to the developing central bank of that era known as the Second Bank of the United States. His aim was to reform a system which took power away from the states and concentrated it in the hands of a few. He recognized the potential for abuse and manipulation that was not necessarily"
"wanted these denominations, they would be unasked-for at the Mint, and would not be coined. Pennsylvania Representative Joseph Ingersoll, a Whig, spoke against the bill, noting that Patterson opposed the new denominations. Ingersoll stated that a twenty-dollar piece would be ""doubled into a ponderous and unparalleled size"". Nevertheless, the bill providing for the issuance of the gold dollar and double eagle passed both houses by large margins, and was signed into law by President James K. Polk on March 3, 1849. According to numismatist David Lange, ""the double eagle was a banker's coin intended to simplify transfers of large sums"
"copper. The dime and dollar were the base-units of denomination in silver. The eagle was the base-unit of denomination in gold although, unlike ""cent"", ""dime"" (or ""disme""), and ""dollar"", gold coins never specified their denomination in units of ""eagles"". Thus, a double eagle showed its value as ""twenty dollars"" rather than ""two eagles"". The United States' circulating eagle denomination from the late 18th century to first third of the 20th century should not be confused with the American Eagle bullion coins which are manufactured from silver or gold (since 1986), or platinum (since 1997). Gold ""eagles"" were issued for circulation"
"given these names in the Coinage Act of 1792. Likewise, the double eagle was specifically created as such by name (""An Act to authorize the Coinage of Gold Dollars and Double Eagles"", title and section 1, March 3, 1849). Some modern commemorative coins have been minted in the silver dollar, half-eagle and eagle denominations. See also US coin sizes, showing all major U.S. coin series and scaled images in a single chart. The law governing obsolete, mutilated, and worn coins and currency, including types which are no longer in production (e.g. Indian cents), can be found in . Although the"
"Quarter eagle The quarter eagle was a gold coin issued by the United States with a denomination of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin. Its purchasing power in 1800 would be equivalent to $71.12 in 2015 dollars. Designed by Robert Scot, the quarter eagle denomination was struck at the main mint at Philadelphia, and branch mints in Charlotte (1838-1859 not inclusive), New Orleans (1838-1857 only), and Denver (1911-1925). The first issues weighed 67.5 grains, fineness"
"a leading third party grading service such as Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS). Classic Head Quarter Eagle The classic head $2.50 gold coin is an American coin, also called a Quarter Eagle, minted from 1834-1839. It features Liberty on the obverse and an eagle on the reverse. 1834 witnessed tough economic times in the United States. President Andrew Jackson was opposed to the developing central bank of that era known as the Second Bank of the United States. His aim was to reform a system which took power away from the states and concentrated it"
"American Silver Eagle The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by and codified as (e)-(h). Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for"
"the uncirculated version. When production resumed in 2011, without the fractional denominations which were discontinued in 2008, it was met with a weak collector response. American Gold Eagle The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term ""eagle"" also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., ""1/2-ounce American Gold Eagle"") to avoid"
"Half eagle The half eagle is a United States coin that was produced for circulation from 1795 to 1929 and in commemorative and bullion coins since the 1980s. Composed almost entirely of gold, it has a face value of five dollars. Its production was authorized by The Act of April 2, 1792, and it was the first gold coin minted by the United States. The design and composition of the half eagle changed many times over the years, but it was originally designed by Robert Scot. At this time the coin contained .9167 gold and .0833 copper and silver. It"
"a premium above the intrinsic value of the silver they contain; most proof versions (around $65–$75 as of 2016) and uncirculated versions (around $25–$75 as of 2016) sell for more. Some issues sell for significant sums, for example the 1995-W proof ($3,800 as of 2016) and the 2006 20th anniversary set containing a special ""Reverse Proof"" coin along with a regular proof coin and the new ""Burnished Uncirculated"" coin ($250 as of 2016). <br> <br> American Silver Eagle The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States"
"containing 250 coins, for a total of $5,000 per bag. In 1900, William Barber's successor as chief engraver, his son Charles E. Barber, slightly adjusted the design; other modifications to U.S. coins about that time suggest that he most likely did it as part of a plan to re-engrave all denominations. The most significant change made by Charles Barber was smoothing the back of the eagle's neck. In 1904, the Mint set records for production of double eagles: 6,256,699 at Philadelphia and 5,134,175 at San Francisco—highs for the series for those mints. The only higher production of double eagles, after"
"by the United States Mint from 1795–1933, ""half eagles"" from 1795–1929, ""quarter eagles"" from 1796–1929, and ""double eagles"" from 1850–1933, with occasional production gaps for each type. The diameter of eagles was 27 mm, half eagles 21 mm, quarter eagles 17 mm, and double eagles 34 mm. Originally the purity of all circulating gold coins in the United States was eleven twelfths pure gold (the same 22 karats level as English crown gold) and one twelfth ""alloy"". Under U.S. law, the alloy was composed only of silver and copper, with silver limited to no more than half of the alloy"
"the gold standard and President Ford signed legislation that again made it legal for the public to own gold bullion), any recovered 1933 double eagle, as gold bullion, was required to be melted. Therefore, while double eagles recovered prior to 1974 were melted down, any double eagle recovered now can be spared this fate. Currently, with the exception of the one sold on July 30, 2002, 1933 double eagle coins cannot be the legal possession of any member of the public, as they were never issued and hence remain the property of the United States government. On October 28, 2010,"
"46,019 pieces were sold. The obverse shows Liberty standing on a globe and holding a torch and the Declaration of Independence, while the reverse pictures Independence Hall. Since the resumption of commemorative gold coin mintage in 1984 none have been struck in this denomination. Quarter eagle The quarter eagle was a gold coin issued by the United States with a denomination of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin. Its purchasing power in 1800 would be"
"that gold coins were no longer legal tender in the United States, and people had to turn in their gold coins for other forms of currency. The 1933 gold double eagles were struck after this executive order, but because they were no longer legal tender, most of the 1933 gold coins were melted down in late 1934 and some were destroyed in tests. Two of the $20 double eagles were presented by the United States Mint to the U.S. National Numismatic Collection, and they were recently on display in the ""Money and Medals Hall"" on the third floor of the"
", in the exchange of Swiss francs for U.S. Double Eagle gold coins, the taxpayer is taxed at the aggregate fair market value, and not the lower face value. In this case, the taxpayer and the government argued about whether the Double Eagle coin was legal tender. The court stated that it would not have to decide the issue. The court stated: ""Because the key element is the excess of market value over face value, it is immaterial that such coins may be legal tender at their face value."" In still another case, a taxpayer’s argument – that gold and"
"Congress bimetallic ten dollar coin, was issued commemorating the Library of Congress; it consisted of equal weights of an approximately 1/4 oz .9995 fine platinum core and a .900 fine gold outer ring. Eagle (United States coin) The eagle was a United States $10 gold coin issued by the United States Mint from 1792 to 1933. The eagle was the largest of the five main decimal base-units of denomination used for circulating coinage in the United States prior to 1933, the year when gold was withdrawn from circulation. These five main base-units of denomination were the mill, the cent, the"