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Why Did the Double Eagle Gold Coin of 1933 Sell for USD 7.59 Million?

Posted by Double_Eagle_Girl in Double Eagle Gold FAQ, tags: , , , , , , ,

Question by Neophyte: Why did the double eagle gold coin of 1933 sell for USD 7.59 million?
You must have read about it in the news. any enthusiast here who can answer me that question.

Best answer:

Answer by Jed
As a coin collector myself, I would say that someone had more money than brains. Honestly.

Know better? Leave your own answer in the comments!
[wprebay kw="1933+gold+double+eagle" num="3" ebcat="11116"]
[wprebay kw="1933+gold+double+eagle" num="4" ebcat="11116"]
[wprebay kw="1933+gold+double+eagle" num="5" ebcat="11116"]

Originally posted 2010-08-30 23:54:18. Republished by Blog Post Promoter

Other Double Eagle Gold Coins Of Interest:

  1. How Much Is a 1933 Gold Double Eagle Proof Coin Worth?
  2. How Much Can I Expect to Receive From a Coin Shop if I Sell My 1997 $20 American Gold Eagle Coins.?
  3. I THINK I Have a 1907 Double Eagle Coin?
  4. What Is the Value of a 1900 $20 Double Eagle Gold Coin With Mint Mark S?
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This entry was posted on Tuesday, February 22nd, 2011 at and is filed under Double Eagle Gold FAQ. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

2 Responses to “Why Did the Double Eagle Gold Coin of 1933 Sell for USD 7.59 Million?”
  1. christopherc says:
    at

    It was my understanding that all the other coins were melted down, but some went astray and hence making it extremely rare. Not sure if it’s worth that much in my book but those think so, well, if they got and want it, well, to each their own.

  2. telovelace says:
    at

    People who bid on such things assume that they will be able to sell it for more later. 9 times out of 10 they are right.

  3.