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Cryptocurrency News Articles
'World's most expensive coin' is so rare – but could turn you into 'millionaire'
Dec 18, 2024 at 07:59 pm
Make sure you check your rare coins for this special gem which could turn you into a millionaire. One TikTok user shared details about the unique piece which is turning heads online
It's time to check your piggy banks and scour your drawers for this special gem which could turn you into a millionaire.
One TikTok user has shared details about the unique piece which is turning heads online.
You might be sitting on a fortune without even realising it - thanks to this one rare coin.
It's always important checking your change as you never know what's hiding in your stash.
Whether it's a 50p coin worth hundreds, or even a penny which can sell for £140,000 at auction.
Now it's time to turn your attention to the "world's most valuable coin" which could be in your pile.
TikTok user @CoinCollectingWizard revealed details on the 1933 Gold Double Eagle.
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The US coin has an intriguing past and remains a favourite among collectors despite originating from the 20th century.
Just 445,500 were produced during the Great Depression and they never entered official circulation.
A government order saw all but two supposed to be destroyed, yet miraculously, 20 managed to escape the furnace, having been "stolen" and subsequently surfacing in collectors' hands.
In the TikTok clip, the user exclaims: "This coin is worth millions.
"You might expect the most valuable coin in the world to be super old, but it's actually from the 20th century.
"The 1933 Gold Double Eagle has a fascinating history prompted by a request from Teddy Roosevelt and designed by famed sculptor Augustus Saint Gordon's.
The Double Eagle was minted in limited quantities from 1907 to 1933.
"In 1933, in the midst of the Great Depression and in an attempt to end a banking crisis, then President Franklin Roosevelt issued an executive order halting the production of gold coins.
He even required citizens to exchange any gold coins they had.
"At that time, nearly half a million of the 1933 Double Eagles had already been minted.
However, only 10 left the US Mint due to a sneaky move by a Mint employee.
The rest never entered circulation, making this one of the rarest coins in the world."
While the chances of finding one of these coins are slim, especially if you don't own any US coins, it's still worth checking your collection.
Just remember, if you find this Gold Double Eagle, you could become a millionaire...
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