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An American coin at auction, valued at up to $ 15 million

An American gold coin estimated between 10 and 15 million dollars will go on sale on June 8 by the auction house Sotheby’s.

An American coin could well reach auction highs. A copy which is part of the last series of gold coins, called “Double Eagle”, minted by the United States Mint in 1933, will be put up for sale on June 8 by the auction house  Sotheby’s . It is estimated between 10 and 15 million dollars and could thus become the most expensive coin in the world, ahead of the silver dollar “Flowing Hair” (minted in 1794) sold for 10 million dollars in 2013.

This coin was never put into circulation, the American President at the time  Franklin Roosevelt , having started the end of the convertibility of the American currency into gold. A few copies nevertheless appeared on the collectors’ market, before being all seized by the American secret services , with the exception of a “Double Eagle” which had integrated the numismatic collection of King Farouk of Egypt.

The precious gilt-metal washer was bought in 1995 by a British collector who, after five years of legal battle, was allowed to legally resell it to its current owner , American designer Stuart Weitzman, in 2002, for $ 7.9 million. of dollars. 

Jimmy Curd

Jimmy Curd is a features editor at iPress USA, where He oversees The Broadsheet newsletter and edits the publication’s long-form storytelling, as well as its coverage of gender and business.

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