20 Dollars, United States, 1933

Description:

United States Mint, Philadelphia. Production of gold coinage was halted early in 1933 as the United States continued to move away from the gold standard. All double eagles struck in 1933 were not issued or authorized to be released to the public. Instead, they were supposed to be melted down and conveyed as bullion to Fort Knox. But all of the coins were not melted down. A handful were spirited away and kept in hiding for decades. One double eagle dated 1933 surfaced recently, and a complicated arrangement monetized it so that it could be sold at auction for millions of dollars.

This coin and another 1933 double eagle transferred from the U.S. Mint to the Smithsonian were the only legally owned with that date until recently.

The 1933 double eagle marks the end of the era in which the U.S. Congress authorized circulating gold coinage.

Date Made: 1933

Mint: U.S. Mint, PhiladelphiaDesigner: Saint-Gaudens, Augustus

Location: Currently not on view

Place Of Issue: United States

See more items in: Work and Industry: National Numismatic Collection, United States Double Eagle, Coins, Currency and Medals

Exhibition:

Exhibition Location:

Related Web Publication: http://americanhistory.si.edu/coins/glossary.cfm

Related Publication: Glossary of Coins and Currency Terms

Credit Line: U.S. Department of the Treasury, U.S. Mint

Data Source: National Museum of American History

Id Number: NU.39166.0001Accession Number: 130752Catalog Number: 39166.0001

Object Name: coin

Physical Description: gold (overall metal)0 (overall die axis)0 (overall die axis measurement)struck (overall production method)Measurements: overall: 34.1 mm; 1 11/32 in

Guid: http://n2t.net/ark:/65665/ng49ca746ab-27c2-704b-e053-15f76fa0b4fa

Record Id: nmah_1090309

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