The 1933 Saint-Gaudens double eagles have value as numismatic coins. Keep reading to learn more about these gold coins.
Specifications
Type: Saint-Gaudens Double Eagle
Year: 1933
Face Value: $20.00
Composition: 90% gold, 10% copper
Gold Weight: .9675 oz.
Total Weight: 33.436 grams
Current Gold Bullion Value: $2,416.15
The US minted the 1933 Saint-Gaudens double eagle with no mint mark. No other series were minted for this year.
History
The 1933 Saint-Gaudens double eagle is one of the most famous coins in the world. Originally, the US minted 445,500 of these coins. However, President Franklin D. Roosevelt signed Executive Order 6102 in March 1933 which mandated the confiscation of gold. Thus, the 1933 Saint-Gaudens double eagles were ordered to be melted down. At least 13 of these coins have survived and they are extremely valuable.
The only coin to ever be sold at auction is the King Farouk specimen. This coin was once owned by the King Farouk, an Egyptian monarch. King Farouk purchased the coin in 1944.
Value
This coin is worth a lot more than its weight in gold. But just for reference, the gold melt value for this coin is $2,416.15. This melt value is calculated from the current gold spot price of $2,497.31 per ounce.
The 1933 Saint-Gaudens double eagle is one of the rarest American coins in existence. In 2021 one of these coins sold for 18.9 million at auction.
Sources:
The Red Book
See also: