Double Eagle gold coin sells for record $18.9 million at Sotheby s auction
A 1933 Double Eagle gold coin sold for a record-setting $18.9 million at auction in New York on Tuesday, and the world s rarest stamp went for $8.3 million, Reuters reported.
The coin, the only 1933 Double Eagle ever allowed to be privately owned, was expected to sell for between $10 million and $15 million at the Sotheby s auction.
It was sold by shoe designer and collector Stuart Weitzman, who acquired it in 2002 for what was then a world record price of $7.6 million.
The coin, with a face value of $20 and distinctive design of an American eagle in flight one side and Liberty striding forward on the other, was the last gold coin struck for circulation in the United States.
In April 1966, with the economy running hot and workers in short supply, California gubernatorial candidate Ronald Reagan did not mince words about the wisdom of providing government money to the unemployed or about the character of recipients.
“Unemployment insurance,” Reagan is reported to have told a Republican dinner crowd, “is a prepaid vacation for freeloaders.”
Whether Reagan actually meant those words is questionable, but a half-century later they still echo albeit less harshly in the debate over possible reasons for the recent gap between available jobs and workers willing to fill them. Suspicions remain that among the nation’s unemployed are slackers exploiting the pandemic-related benefits flowing from Washington and state governments.
Double Eagle : la dernière pièce d or américaine vendue à 19,5 millions $ – La Nouvelle Tribune lanouvelletribune.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lanouvelletribune.info Daily Mail and Mail on Sunday newspapers.