Friday, March 2, 2012

1933 Double Eagle not the most expensive coin

Reading news related to coins just now and its a little bit funny when all the major news website quote the 1933 Double Eagle as the World Most Expensive coin. You can read it in BBC, Daily Mail, Huffington Post and other major news site. Its a wrong information because since a new most expensive coin take over its position in 2010; 1794 silver dollar coin, 1933 double eagle is not the most expensive coin anymore. To anyone who still don't aware, 1933 double eagle will be on exhibition in UK this weekend at at Goldsmiths' Hall in Foster Lane. The 1933 double eagle UK Exhibition is a part of a European tour arranged by the Samlerhuset Group, parent company of the London Mint Office, with the Smithsonian's National Museum of American History, based in Washington DC.
gold eagle

On 30 July 2002, 20 Dollars 1933 Double Eagle Gold Coin were auctioned of for $6.6 million, plus a buyer’s fee of 15% for a total price of $7,590,020 at Sotheby's, New York, USA. The coin became the world most expensive coin ever auctioned before a New World Most Expensive coin, 1794 Liberty Dollar beat the record in 2010. The Neil/Carter/Contrusi 1794 flowing hair dollar, sold in a private sale for $7.85 million to the Cardinal Collection Educational Foundation of Sunnyvale by Steven L. Contursi. The Name "Neil/Carter/Contrusi 1794 flowing hair dollar" came from the previous owner of the coin. The price became so high since many numismatist believe the coin is the first 1794 Silver Dollar.

Most Expensive coin

You can read some of the news here:
CBBC Newsround, BBC news channel: The world's most expensive coin is on display in London.
Huffington Post: Rare Double Eagle, Most Expensive Gold Coin Ever Made, To Go On Show.
Daily Mail UK: Rare 'Double Eagle' 1933 coin worth $7.6 MILLION goes on show in UK for first time.

All of this maybe because Guinness World Record still put the Double Eagle 1933 as the most expensive coin in their website; Most Expensive coin sold at auction. But if you talk about the World Most Expensive Coin, it is the 1794 flowing hair dollar.