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1933 Double Eagle Twenty Dollar Gold Coin

I went to the Federal Reserve Bank because I lost my tour group and thought they would be there. They weren't. Luckily, I was able to see a gold coin exhibit. They wouldn't let me take photos in side, and they wouldn't let me take photos outside, but I did anyway (of the outside). York and Sawyer, architects of the Federal Reserve Bank, modeled the bank after the Florentine palaces in Italy (limestone and iron).

Apparently, I read FDR stopped the press on the 1933 Double Eagle Twenty Dollar Gold Coin because he didn't want Americans to depend heavily on gold. So he did, but I think one or two was produced. It disappeared, but was found in the King of Egypts coin collection. He was subpeonaed, and it was back in the American Government's hands. Again, it disappeared for decades until 1996. Somebody found it in a jeweler's shop in New York. He told the Feds that Egyptian King sold it to him. Then the American Government gave it to Sotheby's, and it was auctioned at $7.6 million dollars. I wish I owned that coin. Anyway, it is on exhibit in the basement of the Federal Reserve Bank. There are also rare, beautiful coins from Italy, Greece, and China. The subtlety of design in the coins, bills, and bank notes is displayed graphically and typographically. They even show the process of manufacturing the coins and explain the problems (i.e. counterfeit) in a video. It is definitely worth seeing. I plan to go back and see the other tour. The guard told me the coin, bill, and bank note collection is worth approximately $50 million dollars. The vaults hold approximately $300 billion of gold.

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