The most expensive coin ever sold at auction is the 1933 Double Eagle.
Here’s why this coin is so valuable:
- It was originally a $20 gold coin minted by the U.S. Mint in 1933.
- However, due to President Franklin D. Roosevelt’s Executive Order removing the U.S. from the gold standard, these coins were never officially circulated.
- Almost all of the 445,500 coins minted were melted down.
- Only a few escaped the mint, making them incredibly rare.
- Owning one was illegal for decades, adding to its mystique and value.
- There are only 13 known specimens remaining, and only one is legally available for private ownership, known as the Weitzman Specimen.
- This particular 1933 Double Eagle, once owned by King Farouk of Egypt and later Stuart Weitzman, sold for $18.9 million at a Sotheby’s auction in 2021.
This sale surpassed the previous record held by the 1794 Flowing Hair Silver Dollar, which sold for $10 million in 2013.
What coin is worth $40,000?
PCGS values a 1966 Jefferson Nickel in MS66 FS as worth $40,000 and the reason is the grade (MS66) and the striking designation “Full Steps” or “FS”. The 1966 nickel is extremely rare when the steps are fully struck and in the grade MS66 it’s a registry quality coin.
What US coin is worth $19 million?
The 1933 double eagle $20 gold coin became the most expensive coin ever sold in June 2021 when it was auctioned for $18.9 million. But when the U.S. Mint first produced the coin in 1933, it wasn’t particularly rare, with around 445,500 produced.