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Spread the love This June, Sotheby’s will be auctioning off three of the greatest rarities in the stamp and coin field. The 1933 Double Eagle $20 gold coin, the unique British Guiana One-Cent Black on Magenta, and the unique Inverted Jenny 1918 Plate Block. This is truly an incredible offering from a single collector to have captured three of the rarest and most unique collectibles in history. It is a bit unusual that a unique stamp from a less than the mainstream region has emerged as the rarest and sole-surviving example of the British Guiana One-Cent Magenta from 1856. It was last sold in 2014 at Sotheby’s for $9.48 million. While it was rediscovered by a 12-year-old schoolboy living in South America in 1873, perhaps due to fantastic marketing, it has emerged as one of the most important stamps in famous collections that have ever assembled. In 1873 L. Vernon Vaughan, a 12-year-old schoolboy living with his family in British Guiana found the stamp among a group of ....
New York Times has reported that the only legal-to-own example of the notorious never-issued gold coin will be auctioned by Sotheby’s on June 8 after being held in a private collection for 20 years. The March 10 piece by James Barron also identified the owner of the coin, who until now has remained anonymous. Purchasing the coin for a then-record-breaking $7,590,020 USD on July 30, 2002, footwear designer, entrepreneur, and philanthropist Stuart Weitzman was known only as “Mr. Big” at the time of the sale. A childhood fascination with stamps and coins led him to purchase not only the 1933 double eagle but also the 1856 one-cent Magenta stamp from ....
United States 1933 Double Eagle $20 Gold Coin The 1933 double eagle $20 gold coin is one of American Numismatics’ most notorious coins. Only one surviving specimen was ever monetized and made legal to own, yet an uncertain number of examples still exist. When the United States made the controversial decision in 1933 to suspend the gold standard that it had based its monetary policy on since the turn of the 20th century, most double eagles dated that year were summarily melted down. It was an ignoble end for the most spectacular of all American coin designs. That American sculptor Augustus Saint-Gaudens would have a hand in creating that design and remaking American coinage was no easy accomplishment. The world-renowned sculptor, venerated in his time and even more so sense, had a serious distaste for the Mint’s bureaucracy and an even lesser opinion of its chief engraver. He turned down more commissions than he could possibly accept. Commissions with ....