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An American gold coin valued at $ 15 million was auctioned

by souhaib
March 15, 2021
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An American gold coin valued at $ 15 million was auctioned
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An American gold coin valued at $ 15 million was auctioned

Reuters David W Cerny

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In the United States, it has been announced that a US gold coin valued at between 10 and 15 million dollars will be offered for sale on the eighth of next June, at an auction that will be organized by “Sotheby’s” house.

This piece, which belongs to the last series of gold coins minted in the United States in 1933, and is called the “Double Eagle” may become the most expensive coin in the world, ahead of the silver dollar “Flying Hair”, which was minted by the US monetary authorities in 1794, and it was sold for 10 Millions of dollars in 2013.

This gold coin was not circulated at all, as the US President at that time Franklin Roosevelt ended the convertibility of the American gold currency.

However, some of them appeared on the market of collectors before the American intelligence confiscated them, with the exception of a piece of the “Double Eagle” coin that was included in the collection of coins belonging to King Farouk of Egypt.

In 1995, this gold-plated coin was bought by a British collector, and after a legal battle that lasted 5 years, he was allowed to sell it in 2002 to its current owner, American designer Stuart Weitzman for $ 7.9 million.

Source: AFP

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