1933 $20 OR DOUBLE EAGLE
PCGS No:
Mintage:
Circulation strikes: 445,500
Proofs: 0
Designer: Augustus Saint-Gaudens
(modified by Charles E. Barber)
Diameter: ±34
millimeters
Metal content:
Gold - 90%
Other - 10%
Weight: ±516 grains
(±33.4 grams)
Edge: |******E|*PLURIBUS*|UNUM*****
Mintmark: None (for Philadelphia,
Pennsylvania) above the date
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Images courtesy of Sotheby's
Significant examples:
(illustrated above). King Farouk of Egypt - Stephen Fenton (of Knightsbridge Coins of London,
England) via Andre de Clermont (another London dealer) - seized by the U.S.
government when Fenton and Jay Parrino attempted to sell the coin to a
Secret Service informant for $1 million - moved to the Fort Knox Gold
Bullion Depository in Fort Knox, Kentucky in 1996 for safekeeping - sold on July 30, 2002 in a single-lot auction conducted jointly by
Sotheby's and Stack's for $7,590,020!
Notes:
No coins of this date were ever
allowed into circulation, at least not officially. A handful
of 1933 Double Eagles exists today, but the Mint asserts that
ownership is illegal because they were removed without authorization
from the Mint. Thus, in the few instances when these have
appeared on the open market, they have been subject to seizure by
the U.S. government. The only "legitimate" examples
are owned or held by the government, one of which is illustrated
below. However, in 2001, the U.S. government reached an agreement with
the owners of the "Farouk-Fenton" specimen of the 1933 Double
Eagle which allows the coin to be sold, thus making it the only example
outside of government hands that is legal to own.
No 1933 Double Eagle has been
encapsulated by PCGS, however the graders and some principals of PCGS
examined the Farouk-Fenton example prior to the sale and declared it to be
an MS-65.
Sources and/or recommended
reading:
"The PCGS Population Report, July 2003" by The
Professional Coin Grading Service
"1933 double eagle now
at Fort Knox" by Paul Gilkes, COIN
WORLD, July 16, 2001, pages 1 and
8
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