The World’s Most Valuable Coin Sells at Auction for $18.9 Million
Three collectibles, including a 1993 gold “Double Eagle” and the world’s rarest stamp, fetched more than $30 million at Sotheby’s
Three small collector’s items, each small enough to hold in the palm of one’s hand,
broke records on Tuesday when they sold for more than $30 million in New York City.
Luxury shoe designer Stuart Weitzman auctioned off the rare objects
dubbed the “Three Treasures,” at Sotheby’s, reports James Barron for the New York Times.
Of the three, the 1933 “Double Eagle” stole the show, becoming the world’s most valuable coin by selling for a whopping $18.9 million.
Weitzman purchased the gold $20 coin for $7.59 million in 2002
This time around, it was estimated to fetch between $10 and $15 million.
The Double Eagle coin was the last gold currency struck in the United States, reports Reuters.
The newly sold specimen’s value stems from its status as the only legally privately owned 1933 Double Eagle known to survive today.