This act declared that gold coins were no longer legal tender in the United States, and people had to turn in their gold coins for other forms of currency. ![]() (d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.Ĭongress additionally passed the Gold Reserve Act in 1934, which outlawed the circulation and private possession of United States gold coins for general circulation, with an exemption for collector coins. (c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements. (b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person and gold coins having recognized special value to collectors of rare and unusual coins. (a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, with the exception of the following: Roosevelt issued Executive Order 6102, which provisions included: In 1933, in an attempt to end the 1930s general bank crisis, U.S. The coin sold again to an anonymous buyer at auction in June 2021 for US$18.8 million, making it the most expensive coin ever sold. National Numismatic Collection, ten others are held in the United States Bullion Depository at Fort Knox, and the one remaining recovered coin was sold in 2002 to private collector Stuart Weitzman (who remained anonymous at the time) for US$7.59 million (equivalent to $12.2 million as of 2022) -the second-highest price paid at auction for a single U.S. The two intentionally spared coins are in the U.S. Due to the fact that the coin was never released to the public, it is illegal to privately own any of the 1933 double eagles, with the exception of the Weitzman Specimen. Eight of the recovered coins were destroyed, making this one of the world's rarest coins, with only 14 known specimens remaining-only one of which is privately owned, which is known as the Weitzman Specimen. However, 20 more are known to have been rescued from melting by being stolen and found their way into the hands of collectors before later being recovered. Although 445,500 specimens of this Saint-Gaudens double eagle were minted in 1933, none were ever officially circulated, and all but two were ordered to be melted down. The 1933 double eagle is a United States 20-dollar gold coin. Capitol visible 46 stars circle designīald eagle in flight, backed by rays from the Sun, with motto Your coin is encapsulated and presented in a Royal Canadian Mint-branded clamshell with a black beauty box.Liberty holding a torch and olive branch, backed by the rays of the Sun, the U.S. The insert features the artist statement, as well as a reproduction of both the original artwork and the artist’s signature. Along with a serialized certificate of authenticity, your coin comes with a special insert card. One kilogram of 99.99% pure gold! Beauty lies in the details-your coin’s 101.6 mm diameter allows for an outstanding amount of photo-realistic engraved details that capture the spirit of both the original art and its subject.A limited-edition work of art! Only 50 coins are available to collectors worldwide. ![]() Its reverse features original artwork by internationally renowned wildlife artist and naturalist, Robert Bateman. Your 2023 Robert Bateman exclusive! This gold kilo coin represents the finest in Canadian wildlife and numismatic art.Just a glimpse of this bald eagle elicits feelings of awe, even as it quietly sits on its moss-covered perch, its body turned boldly into the wind blowing in from the sea.Ī precious Robert Bateman art showcase. The coin’s reverse presents an engraved take on Vantage Point – Bald Eagle, an inspiring work of art by world-renowned wildlife artist Robert Bateman. The epitome of strength and resilience in the wild, the bald eagle is a regal sight to behold on this magnificent 99.99% pure gold coin.
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