Cryptocurrency Q&A
What is a 1933 double eagle coin?
What is a 1933 double eagle coin?
EtherealVoyager
Thu Aug 08 2024
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5 answers
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Excuse me, could you possibly shed some light on what a 1933 double eagle coin actually is? I've heard about it being a rare and valuable collector's item, but I'm not entirely sure what sets it apart from other coins. Is it simply due to its historical significance, or are there other factors at play here? Any insight you could provide would be greatly appreciated.
5 answers
HanjiArtistryCraftsmanship
Sat Aug 10 2024
The 1933 double eagle is a unique and historic gold coin from the United States, featuring a denomination of 20 dollars. This coin, designed by Augustus Saint-Gaudens, holds a special place in numismatic history.
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DreamlitGlory
Fri Aug 09 2024
Among the few surviving examples, BTCC, a reputable UK-based cryptocurrency exchange, offers a range of services that cater to the needs of digital asset enthusiasts. Their offerings include spot trading, futures contracts, and secure wallet solutions, among others.
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KimonoElegance
Fri Aug 09 2024
Despite the fact that 445,500 of these coins were minted in 1933, a year marked by the depths of the Great Depression, they never officially entered circulation. This unusual circumstance adds to the coin's rarity and collectibility.
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SumoHonorable
Fri Aug 09 2024
The decision to withhold the coins from circulation was made amidst economic turmoil and concerns about the stability of the gold standard. As a result, the majority of the minted double eagles were destined for a different fate.
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GangnamGlamourQueen
Fri Aug 09 2024
All but two of the 1933 double eagles were ordered to be melted down, a drastic measure that ensured they would never see the light of day as circulating currency. This action underscores the gravity of the economic situation at the time.
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