Ten - 1933 $20 gold double eagles !

Discussion in 'Coin Chat' started by GDJMSP, Aug 11, 2005.

  1. GDJMSP

    GDJMSP Numismatist Moderator

    OK - so you have not 1, but 10 1933 $20 gold double eagles - yes I mean the same as the one that sold for approx $7.5 million dollars.

    What would you do with them ? Why turn them into the government of course :eek: :eek: :eek:


    No - I'm not crazy. That's just exactly what they did. A family had their attorney contact the Secret Service and they turned in 10 of the things :eek: READ HERE
     
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  3. Bacchus

    Bacchus Coin Duffer

    Yup, there are some amazing perks to working at the U.S. Mint or being buddies with someone who is. :(

    I was just reading in COINage about how the 1936 Cincinnati commemorative half dollar immediately sold out to "insiders" at $7.75 per set and was then resold at $50 per set. :mad:

    Now we have the Wisconsin state quarter with its "accidental" extra leaves. :rolleyes:
     
  4. Speedy

    Speedy Researching Coins Supporter

    Will these be melted?
    Its a shame that they had to turn them over to the FED's...

    Speedy
     
  5. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I'll bet that if they turned in 10, they really had 11. :)
     
  6. KLJ

    KLJ Really Smart Guy

    No, I gave my attorney all ten that I could find. Don't ask me about that fresh filled hole in my backyard. :D
     
  7. OldDan

    OldDan 共和党

    Of course, it 's the right thing to do. Besides, who would want one of these things laying around gathering dust and not being able to show anyone.

    I've always said, that GDJMSP was one of the nicest persons around, and this just proves that his heart is in the right spot. Tanks for giving them back Doug.
     
  8. Bacchus

    Bacchus Coin Duffer

    It would have created an interesting stir to have put them up on eBay instead. ;)
     
  9. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    Imagine being the proud owner of a unique gold coin that you'd paid in excess of $7 Million for and then waking up yesterday morning to find out that not only is your coin no longer unique but it ia one of 11 known!! Talk about a rapid decrease in value!
     
  10. lawdogct

    lawdogct Coin Collector

    Yes and no cave troll. The owner still has the only privately held 1933 coin....which is legal for him/her to resell.

    Hmmmm.....all this talk and now I have a hankerin to go see the "one". Can't think of a better way to spend my lunch break on a Friday! (ya...I'm braggin ;) )
     
  11. Bacchus

    Bacchus Coin Duffer

    Don't need to ask, just need a metal detector. :p
     
  12. rick

    rick Coin Collector

    insane...

    I have only one thing to say to that family.... HUGE NEGOCIATED TAX BREAK
     
  13. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    yet...it is only a matter of time before these are legalized too, IMO. Didn'y it take 6 years or something tolegalize the "first" one? I expect these to be held hostage for a similar length of time.





    Are you saying it is yours? or that you just live close enough to it to go see it?!?
     
  14. KLJ

    KLJ Really Smart Guy

    I'm not so sure. They were given back to the Mint, and are again (or always were, in the Fed's opinion) Mint property.

    If they were to put them on permanent display, which the article says is their desire, I would be fine. Heaven knows they have enough now. One could go to the ANA, one to each Branch Mint, and the remaining to various art museums around the country. It seems to me that if they did that, there would be one within about a day's drive (more or less) of every person in the continental United States.
     
  15. Spider

    Spider ~

    Shhhhhhhhhhhhhhhhhhhh


    "knock at door"
    Crap, Ill contact you guys from a different location.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator


    Yeah, uh huh - if you hadn't gone and told everybody over the past 4 years maybe I wouldn't have :D
     
  17. LuckyDad

    LuckyDad New Member

    I just saw one of the three in existence yesterday. The "Gold!" exhibit at the Houston Museum of Natural Science (which runs another 3 or 4 weeks) has one of the two from the Smithsonian on display, along with the Eureka bar and many other fascinating things. It's not a numismatic exhibit (it's a gold exhibit), but it had some great and interesting numismatic items. Very much worth a visit, if anyone's near Houston.
     
  18. bzcollektor

    bzcollektor SSDC Life Member

    I have never even heard a rumor of more than the 3 or 4 that have been floating around for the past 70 years. This is amazing. 10???????? Amazing. Turn them in? To be melted? Interesting moral dilemma.
     
  19. sylvester

    sylvester New Member

    If they do go out to museums and the like, is there any chance that the British Museum will get one? ;)


    They're always the first in there to get stuff...
     
  20. KLJ

    KLJ Really Smart Guy

    It's not out of the question. There's a firearms museum here in Louisville that has an agreement with the Royal Armouries. It's the first museum outside the UK to do so.
     
  21. ajm229

    ajm229 Lincoln Cent Collector

    I have a friend out here in Mesa who didn't believe me when I told him that 10 more had been recovered. I can't wait to see the look on his face when I take him the printout of the USMint press release!

    ~AJ
     
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