- Oct 26, 2004
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- 22,873
- 🏆 Honorable Mentions:
- 2
- Detector(s) used
- Minelab Explorer
- Primary Interest:
- Shipwrecks
NEW YORK – “Never.” That was the curt response given by the Sotheby’s expert to questions about how often an auction like the upcoming one had occurred.
On June 8, the world-renowned auction house is set to host the bidding on three enormously valuable items: the world’s most expensive stamp, the most popular US stamp and the second-most valuable coin on the planet.
The coin is owned by designer Stuart Weitzman, 79, who – after owning them for a number of years – decided that now is the time to let go of the precious objects.
“It was sort of a childhood dream of his to own the best stamp in the world. The best coin in the world, the best American stamp in the world” said Austin.
“He’s had fun owning them and showing them. And now he wants to have fun selling them,” he added.
The 1933 Double Eagle coin is considered to be the “Mona Lisa” of coins. “It’s the only one that’s available to own privately. There are 33 other examples Double Eagles but those are owned by the US Mint.".
It’s the last gold coin struck by the US Mint, has a face value of $20 and was designed by the well-known sculptor Augustus Saint-Gaudens but was never put into circulation because President Franklin Roosevelt in 1933 decided to stop having US money backed by gold reserves in a move to get the Great Depression under control.
Don......
On June 8, the world-renowned auction house is set to host the bidding on three enormously valuable items: the world’s most expensive stamp, the most popular US stamp and the second-most valuable coin on the planet.
The coin is owned by designer Stuart Weitzman, 79, who – after owning them for a number of years – decided that now is the time to let go of the precious objects.
“It was sort of a childhood dream of his to own the best stamp in the world. The best coin in the world, the best American stamp in the world” said Austin.
“He’s had fun owning them and showing them. And now he wants to have fun selling them,” he added.
The 1933 Double Eagle coin is considered to be the “Mona Lisa” of coins. “It’s the only one that’s available to own privately. There are 33 other examples Double Eagles but those are owned by the US Mint.".
It’s the last gold coin struck by the US Mint, has a face value of $20 and was designed by the well-known sculptor Augustus Saint-Gaudens but was never put into circulation because President Franklin Roosevelt in 1933 decided to stop having US money backed by gold reserves in a move to get the Great Depression under control.
Don......
