
The 1933 gold double eagle coin is a rarity indeed. While these coins were created during the year 1933, that same year president Roosevelt made a recall via the 6102 Executive Order that called for American citizens to cash in gold coins so that it could be used for gold bullion. The coin owner was offered face value for the gold coins in question during the confiscation, and coin owners had the option of holding onto their coins or turning them over to the government for cash value. The result of the Executive Order basically made it, at that time, illegal for one to own metal coinage. The 1933 gold double eagle coin was never officially released by the United States Mint for circulation purposes: there was only a single exception to this rule, and the coin sold for over seven million dollars in 2002.
Other 1933 gold double eagle coins were actually stolen the same year the coin stoppage went into effect. Many of the stolen 1933 gold double eagle coins have actually been recovered by the United States government, but there may be some stolen coins still out there on the market. It’s important that you know that dealing with the stolen coin, either buying or selling, is illegal, and that a stolen coin can be confiscated by the government.
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Nevertheless, even the illegal 1933 gold double eagle coins are worth a considerable amount of money. You will find that no coin dealer will offer you access to such a coin, and if you do discover this coin, it is most likely being offered by a private seller. If you opt to purchase such a coin, you might have it confiscated, or if you surrender it to the government you may not receive any type of compensation for your investment losses.