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
Three Graces silver and gold coins underscores the intense demand that exists for modern tributes to classic coin designs. The release of such coins needs to be handled very carefully with as level a playing field as possible since they often amount to the numismatic version of a winning lottery ticket with huge aftermarket potential much as did the November 5 launch of the
V75 American Gold Eagle.
In November 2019, the Royal Mint launched a new series of silver and gold collector coins called “
The Great Engravers”, which pays homage to the most famous numismatic motifs in British numismatic history and the engravers who created them with tribute coins made using the original dies combined with 21st-century coin minting technologies.
2021 American Eagle Gold Proof Coins on March 11 at noon EST. This is the last year these coins will be offered with the current designs.
American Eagle Gold Proof Coins are collector versions of the official United States Mint
American Eagle Gold Bullion Coins. Struck in 22-karat gold at the
West Point Mint, the coin’s obverse features a version of
Augustus Saint-Gaudens’ full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. Its reverse features a male eagle carrying an olive branch, flying above a nest containing a female eagle and eaglets. Available product options are below.
United States 1971-P Kennedy Half Dollar
Kennedy half dollar.
John F. Kennedy, the Kennedy half dollar replaced former
United States Mint Chief Engraver
John R. Sinnock’s design featuring Founding Father
Benjamin Franklin that had been in use since 1948. And in the following year, the half dollar’s composition was changed from the 90% silver and 10% copper standard fineness of circulating subsidiary coinage to 40% silver and 60% copper–an alloy referred to as “silver-clad”. The silver-clad half dollar retained
Gilroy Roberts’ bust of Kennedy on the obverse and
Frank Gasparro’s heraldic eagle on the reverse.
A few years later, silver was eliminated from the denomination altogether by the bill authorizing the creation of the
American Innovation $1 Coin, Merchant Mariners Gold Medal Designs to be Reviewed by CCAC
Citizens Coinage Advisory Committee (CCAC) will hold a
telephonic public meeting March 23 and 24, 2021. The purpose of the meeting is to conduct business related to the CCAC’s responsibility to advise the
Secretary of the Treasury on themes and designs pertaining to United States coinage.
Agenda:
Merchant Mariners of World War II Congressional Gold Medal (Pub. L. 116-125)
Review and discussion of candidate designs for the
2022 American Innovation $1 Coin Program (
Rhode Island, Vermont, Kentucky, and
Tennessee)
When:
Wednesday, March 24, 2021, from 10:00 a.m. to 1:00 p.m.
The meeting discussing the Merchant Mariners of World War II Congressional Gold Medal and American Innovation $1 Coin Program designs is open to interested members of the public and news media.