Outstanding article, and my compliments to Charles Morgan and Hubert Walker for the best article and coin-by-coin description of the 1933 Saint-Gaudens Double Eagles I have seen. Andr de Clermont and London coin dealer Steve Fenton formed a profitable partnership and worked to dispose of the coins at good prices. Boyd was a wealthy businessman with an enormous appetite for coins. $18.99 $ 18. Gold Coins You are under no obligation! The 1933 double eagle depicted in the Kodak print was not a rumor. Behind the Scenes of the James A. Stack 1933 Double Eagle Gold Coin, CoinWeek. When you spend $150 or more, shipping and handling is on us. To be able to use American Mint in full range, we recommend activating Javascript in your browser. Macallister paid $550 for the coin ($50 more than he had paid Switt for earlier examples) and sold the coin to B. Max Mehl on July 15 of that year. The two men settled on $1,100 for the coin and completed the sale in late February. On September 21, 2004, Berke met with Mint representatives at the familys bank box in Philadelphia. Trotter sold the coin to local collector L.G. The replica coins did not include any "REPLICA" or "COPY. David Hall Rare Coins. James A. Stacks first interview with the U.S. Secret Service occurred on April 3, 1944, when Special Agent Edward Connors showed up at his Broadway office in New York. Certification companies wouldnt authenticate the coin, major auction houses wouldnt market the coin, and few dealers would risk their livelihoods, reputation, and freedom for a chance at the same kind of commission they would get off of the sale of a legitimate rarity. This information I believe was kept from the jury at the Langbord Trial. $750. The specimen sold on Tuesday is the only one that can be legally possessed by a private individual, following a legal battle between the United States Treasury and a former owner. This is the third of five 1933 double eagles on our list that Macallister admitted to agents that he had handled but it is the second one chronologically. a.d. Mobilfunk>, Do Mint documents reviewed by Tripp indicate that six of the 20 coins reserved for Mint assay were tested by Assayer Quirk and reported as satisfactory on March 29, 1933. After a lengthy conversation with Mint attorneys wherein the two parties left with different understandings of what was conveyed, Berke and his clients agreed to hand over the 10 1933 double eagles to the Mint. The sale was concluded on February 17, 1937. As David Tripp put the finishing touches on Illegal Tender, an anonymous individual sent him full-color images of a 1933 double eagle filmed in 1980 using Kodak paper. The same lot, if offered today, would sell for millions of dollars. They were aware of its rarity and Macallister was aware that some number could be acquired from Switt for a price. (2) Of course the 1933 Saints had not been monetized NO U.S. The two sources do not always agree on the disposition of certain coins or the timeline. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins Norris, a San Francisco transplant, headed the bank from 1920 to 1936. We supply distinct high quality items from different sources as well as mints throughout the globe. As far as is known, the Mint has no plans to knock down anyones doors anytime soon. $775. The issuance of the export license and the subsequent departure of the coin from United States territory did not end the federal governments inquiry into the coin, however. When you go into a bank and made a deposit they give you a receipt. Why Choose Zion Metals - 1933 Liberty Gold Coin Copy. Williams had first sought to buy a 1933 double eagle through coin dealer Joseph Barnet. After completing a highly profitable sale with Berenstein days before, Macallister purchased a second 1933 double eagle for Switt,paying the Philadelphia jeweler $500 for the second coin. You will be billed only for the items you decide to keep. The legal strategies of both parties developed accordingly and in July 2011, the matter was litigated in a 10-day-long jury trial in Philadelphia. We stock unique high quality items from various sources as well as mints throughout the world. Even to this day. Although each of these coins carried the standard $20 denomination, none of the coins of this issue had officially been monetized or authorized for release. The Flanagan coin was melted down in August 1956. We know that dozens of 1933 $10 Indian Heads are out there all legal yet we only have written receipts for about 5 of the coins. The obverse features a full-length image of Liberty, facing forward with an olive branch in her extended left hand and a raised torch in her extended right. He focused much of his collecting on Massachusetts colonials, early copper, and U.S. gold and silver coins. Tripp eludes to a similar story in Illegal Tender but does not name names. Thinking back to my early days at Stacks when I was being taught and developed an understanding about our Rare Coin Business, I got to know, serve and work with most of the famous of the past, which includes but not limited to B.Max Mehl, Abe Kosoff, Col. Flanagan, The N.Y. Times writer for the weekly N.Y. Times Coin page, Ernest A. Kehr (whose article brought about the full investigation of the 1933); Col E.H.R. (7) The Mint and Treasury only cared about these coins when the market value in the 1940s was 40-50x the face value, or ovr $1,000 a coin. The stories told related to the fact that Swift could get coins before regular releases, and made a profit on supplies dealers he knew. Box 27190. At this time, the Mint accounted for 480 gold double eagles in the cashiers vault and 445,500 in its Working Vault. A main government and/or reserve bank backs the pureness and also . It was not the first 1933 double eagle sold publicly, but it was the only example sanctioned for export by the United States. He would not be the only collector to have heard this story but it was not true. The oldest of them, a 165-year-old One-Cent Magenta, had been described by Sotheby's as the world's "most famous" stamp. Seeing that Berke had successfully negotiated a settlement with the government on behalf of his client Stephen Fenton, he was as good a choice as any to shepherd the case through the courts. This query compelled officials at the Treasury and the Secret Service to initiate an internal review of the official disposition of all 1933 double eagles struck. 1933 liberty 20 dollar gold coin copy value. At least one of the Langbord-Switt coins, based on the opinions of experts weve talked to, would have graded higher than the Farouk coin, and the newfound availability and story behind the infamous 1933 double eagle would make the coin an essential 20th-century trophy for the affluent collector. One of the oldest materials used in the minting of coins, silver has long been a favorite material of both serious numismatists and casual collectors. Then in 1944, a specimen, possibly pilfered by a government employee, was inadvertently approved for export to the fabulous collection of King Farouk of Egypt. Looking for gold and silver coins? The specimen sold on Tuesday is the only one known to have survived. The provenance of these two issues is rock solid and both coins have been publicly exhibited. Better/Rare Date $20 Liberty Gold Coins (239) $20 Saint Gaudens Gold Coins (318) Common Date $20 Saint Gaudens Coin (0) . Coin Collecting Accessories According to Kosoff, the two didnt reach an agreement, so Hammel sold the coin to Reed. COINS had ever been monetized or needed to be monetized. Also interesting is the fact that the Hammel-Bell coin surrendered to the Secret Service wasnt the only one Bell had owned or handled. The Kings agent paid $1,575 USD a high-end but not record price for the piece. This was the first example that brothers Morton and Joseph had handled and it would be the first of the 1933 double eagles seized by the federal government. As Saint-Gaudens health continued to decline, assistant Henry Hering worked to keep the project on track. One of the last gold coins ever struck for circulation in the US sold for a record $18.9 million in New York on Tuesday. (6) George McCann could have LEGALLY exchanged coins for future sale or simply relied on a Mint privilege to reserve some of the coins, possibly with the approval of a higher-up (or not). After Farouk was removed from power, the coin disappeared until 1996 when it was seized by federal agents and stored away in a vault in the World Trade Center. Why go after the 1933 double eagle and not the 1913 nickel, 19th-century pattern coins, or myriad unauthorized restrikes? Berke was retained by Philadelphia jeweler Israel Switts heirs Joan Langbord (daughter) and Roy Langbord (grandson) to pursue their claim of ownership on the coins. The finer of the two examples was mounted for display in the National Numismatic Collections temporary exhibit, while the second piece was exhibited in the museums Value of Money exhibit, taking its place among such legendary numismatic luminaries as three 1804 dollars (one of each class), the unique 1849 double eagle, the 1877 Half Union $50 gold pattern, and the Brasher doubloon. I have 5 of these so Pictures are showing each one I have. But even these matters were complicated by extraneous factors. Federal agents learned that he owned a 1933 double eagle after interviewing Philadelphia coin dealer James Macallister on March 28, 1944. Days after it had left the country, Acting Mint Director Leland Howard conferred with Secret Service Chief Frank Wilson on the matter and relayed to him the fact that 1933 double eagles had never been officially released into circulation and should not have been cleared for export as they were likely stolen government property. The jeweler from Cairo sought the help of Andr de Clermont, one of the directors of Spinks London. The Farouk coin was sold by B. Max Mehl to an Egyptian official on behalf of King Farouk on February 23, 1944. But a shortage in 1855 prompted British Guiana's postmaster to commission a new series from a local newspaper printer, according to Sotheby's. By ordering a product at the discounted price, you will have the privilege of receiving future issues in the collection through our FREE in-home approval service. The State Department then made inquiries about the return of the coin, even asking the military junta that had deposed Farouk in 1952 and were selling off the royal collection, for the double eagle back. Illegal Tender: Gold, Greed, and the Mystery of the Lost 1933 Double Eagles. As you reported and wrote Swift was a known jeweler and numismatist in the Philadelphia Area who always helped dealers out, I guess because of his connections to some cashier at the Philadelphia Mint. Liberty Head 20 Gold Coin 1850-1907. Toll-free Customer Service1-877-807-MINT (6468) Hours of Operation:8AM to 7PM ETMonday through Fridayand 10AM to 6PM on Saturday. We believe that you shouldn't have to spend a fortune to build an enviable coin collection. Find many great new & used options and get the best deals for 1933 WALKING LIBERTY USA / DOUBLE EAGLE GOLD-PLATED COPY $20 DOLLARS COIN at the best online prices at eBay! Royal Mint Launches First Coin in Myths and Legends Collection, Numismatic Crime Counterfeit Notes Sold Over Facebook, 1776 Continental Dollar Offered by David Lawrence Rare Coins, Grade This 1936-S Cincinnati Commemorative Silver Half Dollar, First King Charles III Coin From Pobjoy Celebrating the Accession, Dakota 1875 $5 Bank Note in Stacks Bowers Spring Auction. Please call us toll-free at 800-527-2375 for up to the minute pricing if you wish to order any of the items listed below. As atribute to the MASSIVE impact of the U.S. Mint's BIGGEST numismatic success, the master artisans at American Mint have created the 1933 Giant Gold Double Eagle Proof Replica. President Herbert Hoovers approach to the crisis greatly contributed to his drubbing by Democratic challenger Franklin Delano Roosevelt in the 1932 presidential election. He was so enthusiastic about his purchase of a rare 1933 double eagle that he proudly displayed it at the December 1937 meeting of the New York Numismatic Club and then again at the 1938 American Numismatic Association Convention, held in August 1938 in Columbus, Ohio. The government took final control of the coin in 1956. As the Farouk coins kept trickling in, Clermont asked the jeweler if he had seen a 1933 double eagle among the coins being disposed of by the family. A year later, the single surviving 1933 Gold Double Eagle was sold at auction for an astonishing 7.59 million dollars, making it the most expensive gold coin in history. 1849 & 1933, National Collector's MINT 3 Coin Set Gold Plated .999 Silver 1907 1933 Copy, 1933 GOLD Double Eagle Lady Liberty Proof Gold Coin Total Of 2 Coins, 1933 Gold Plated Liberty Double Eagle Copy #HU1129 by National Collector's Mint. This coin's obverse features a stunning facsimile of Saint-Gaudens' depiction of Lady Liberty in mid-stride, while the reverse displays a majestic eagle in flight. 17,01 EUR + 17,31 EUR envo. Silvery-white platinum metal resembles white gold or silver in appearance. The crest of the sun appears again on the reverse, at the bottom with rays extending upward nearly to the top of coin behind a majestic left-facing eagle, wings uplifted in flight. 1933 Libery Gold Plated Copy Coin $19.00 Seller: geostra3039 (31) 96.6% or Best Offer +$5.00 shipping Sponsored Copy 1933 Liberty Standing Walking $20 Twenty Dollar Coin USA U.S.A. Gold-Plated $14.99 Seller: liquid_70 (3,347) 98.2% Buy It Now +$5.25 shipping Sponsored 1933 Gold Double Eagle Proof (2003) layered w/24K gold Am Mint COPY w/COA $16.00 Of course, I am still a close friend of David Tripp, (who not only wrote a book about the 1933 but worked with us when we together with Sotherbys offered a 1933 at Public Auction). In 1900, at the age of 52, Saint-Gaudens had to return to the U.S. after living in Paris. Barnard, F.B. After leaving Stacks on March 24, 1944, Secret Service Special Agents Harry Strang and James Haley traveled to Max Berensteins jewelry shop located at 435 Madison Ave. Morton and Joseph Stack had just turned over the star of their March 24, 1944 auction and provided the agents information about the whereabouts of other 1933 double eagles.