Minted during the Great Depression but never officially released into circulation due to the Gold Reserve Act of 1933.
Despite attempts to recall and melt down the coins, a few managed to escape destruction through unauthorized means.
The U.S. government maintained that any 1933 Double Eagles in private hands were stolen property.
Legal battles ensued over the ownership and sale of the coins, with the U.S. government asserting its claim to them.
In 2002, one specimen was sold at auction for over $7 million after a lengthy legal battle.
In 2003, a historic agreement was reached between the U.S. government and a private collector, allowing the ten known 1933 Double Eagles to be owned and traded legally.
One of these coins was sold at auction for over $18 million in 2021, solidifying its status as one of the most valuable coins in the world.
With its limited number, legal controversies, and rich history, the 1933 Double Eagle continues to be highly sought after by collectors, with its value estimated at over $30 million.