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In 1933, in an attempt to end the 1930s general bank crisis, U.S. president Franklin D. Roosevelt issued Executive Order 6102, which provisions included: . Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates ...
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.
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 such coins were stolen, leading to an outstanding US Secret Service warrant for arrest and confiscation of the coins. [8]
1933 Indian Head Gold Eagle — Auction Record: $881,250 (June 2016) 1932-D Washington Quarter — Auction Record: $143,750 (April 2008) 1934 Peace Dollar — Auction Record: $108,000 (August 2018)
The coin has been in production as a regular issue coin ever since, although the 1932 quarter is considered the only commemorative eagle reverse Washington quarter. [52] ^3 The George Washington Bicentennial half dollar was again proposed as a circulation coin. Washington was to appear on the half dollar for one year only in 1932.
The 1849 Liberty Head design by James B. Longacre The 1907 high relief double eagle designed by Augustus Saint-Gaudens. A double eagle is a gold coin of the United States with a denomination of $20. [1] (Its gold content of 0.9675 troy ounces [30.09 g] was worth $20 at the 1849 official price of $20.67/ozt.) The coins are 34 mm × 2 mm and are ...
On History Channel's hit show "Pawn Stars," a man came in to sell a 1907 Saint-Gaudens double eagle $20 gold coin. The coins are extremely rare, and some of them have sold for more than $1 million ...
Original - The obverse of 1933 Double Eagle Coin, showing lady liberty. Original - The reverse. Reason The 1933 Double Eagle coin is a gold coin used in the United States until executive order 6102 stopped it from being legal tender. It is a very high quality public domain photo of a rare coin, whose historic value reminds us of Roosevelt's ...