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| Head Tail |
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| King Farouk |
In 1933, the U.S. government decided to make the coins, about half of million were minted. In a few months, the treasurer realized soldiers needed money for supplies for war, but the government didn’t have any money. So, they needed Double Eagles 1933 to get gold. The government decided to melt all, but some people stole from them.
King Farouk of Egypt, also known as King of coin collection, owned 1913 Liberty Head coin. In 1944, he brought 1933 Double Eagle from the person who stole the coin. In 1952, King Farouk was deposed; he lost everything that he owned. All things that belonged to him were sold at auction. U.S. Government requested return of the coin, but they couldn’t find that coin.
In 1996, U.S. Secret Service Agents found that a man from U.K. who stole 1933 Double Eagle from King Farouk. The man was arrested and government took the coin to U.S. again. On July 30, 2002, the coin was sold to an unknown person for nearly 7.6 millions dollars.
Keep this up! Do you think there's any more 1933 double eagle coins out there that are not reported? Why do they call it double eagle if it's not eagles on both side of the coin?
ReplyDeleteWell, I think because there have half eagles mean $5, eagles mean $10, and Double Eagles mean $20.
ReplyDelete