Stuart Weitzman's 'Three Treasures' Coin Collection Auctions for a Smashing $32 Million USD: The 1933 Double Eagle Coin set the new auction world record selling for $18.9 million USD.
The 1933 Double Eagle Coin Courtesy of Sotheby s. Photography by SquareMoose A unique US coin broke its own world record yesterday when it sold for a staggering $18.9m (including fees), comfortably exceeding both its previous price of $7.6m set in 2002, and its pre-sale estimate of $10m to $15m. It also set a new world record for a coin at auction.
The coin was previously part of a collection amassed by the US-based entrepreneur and renowned luxury shoe designer, Stuart Weitzman, items from which were presented at a three-lot sale at Sotheby’s in New York yesterday.
The so-called Double Eagle (1933) was a series commissioned by President Roosevelt but melted down prior to circulation. The coin’s rarity is boosted by the fact that it is the only example to have been legally sanctioned for private ownership by the US Government. The new owner remains anonymous.
A rare Double Eagle coin, a sole-surviving British Guiana stamp and a sheet of U.S. stamps with a printing error could sell for a combined $37 million.
Coin and stamp could reach $15m each at US auction kuwaittimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.net Daily Mail and Mail on Sunday newspapers.