World famous 1933 Double Eagle to be displayed at the World's Fair of Money
Just announced last week, the King Farouk specimen of the 1933 Double Eagle will be on display for four days at the ANA convention in Chicago, Illinois. The rare coin will be on display at the GreatCollections booth, #400.
The coin, which sold just earlier this year in June for a record breaking $18,872,250 will be on public display for the first time since that auction
"We were absolutely surprised and ecstatic to be able to include this coin as a featured attraction at the upcoming Chicago World's Fair of Money. This is a legendary coin, and we are honored that its new owner and GreatCollections are exhibiting it first at the ANA convention," said Kim Kiick, ANA executive director.
The Double Eagle was struck from 1907 to 1933, and designed by sculptor Augustus Saint-Gaudens, at the request of Franklin D. Roosevelt, who wanted to redesign the nation’s coinage.
In 1933, President Roosevelt ordered nearly all gold to be turned in and melted down, with a few exceptions of course. The King Farouk specimen made it out before then and in 1944, a State Department export license was granted for one 1933 Double Eagle to be owned by King Farouk.
The coin eventually made its way back to the states and was bought at auction by shoe designer Stuart Weitzman in 2002.
"The new owner told me that when this coin was first sold at auction in 2002 for a then-record-breaking $7.5 million, he was determined to one day own it. Nineteen years later, he fulfilled his dream. Now, after weeks of confidential meticulous planning and security arrangements, he graciously will be sharing it for the public to see in person at the Chicago World's Fair of Money," said Ian Russell, president of GreatCollections Coin Auction
www.GreatCollections.com) and exclusive consultant to the coin's owner.
If you’re looking for another reason to head out to the convention, this is it!
This is an incredibly rare opportunity to see a coin that has such a famous story behind it.
