If you want to find the world’s most valuable coin, an antique price guide isn’t the place to look. You don’t even need to go on Antiques Roadshow, I’ve got the info for you right here. The 1933 Double Eagle is an extremely rare gold coin, and it holds the distinction of being the World’s most valuable coin. Few antique collectibles can hold a candle to its interesting past.
Over 400,000 of the coins were minted but none made it into circulation. Franklin D. Roosevelt issued Executive Order 6102 in 1933 to end the 1930s general bank crisis by making it illegal to use gold coins as legal tender.
It was originally thought that only three of the coins survived, but apparently 20 coins were stolen and circulated among collectors, including ten coins that were discovered in 2005. Two of the original three went to museums, the third was stolen and later ended up in a private collection. It was sold at auction in New York in 2002 for 7.59 million dollars.
Regardless of the number of coins in existence today, chances are slim you will end up with one. Except for the coin sold at auction, it is illegal to own the Double Eagle as they all belong to the United States Government. If you buy one, make sure it is a reproduction and if it isn’t you’ll want to keep it under your hat or the Secret Service will be along to collect it.
Coin values are often determined by rarity, but I’d be more interested in collecting coins that are legal to own and not so much trouble to come by.
By Jamie.
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