A privately owned 1933 Double Eagle gold coin sold for a record-setting $18.9 million, and the world's rarest stamp went for $8.3 million
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.
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. Weitzman on Tuesday also sold a British Guiana One-Cent Magenta stamp, issued in 1856, for $8.3 million, confirming its place as the most valuable stamp in history.The 1933 Double Eagle coin is seen encased during a media preview before auction at Sotheby's in New York City, U.S., June 4, 2021.
The Inverted Jenny, which was last sold at auction some 26 years ago for $2.9 million, is a collector's item because of a printing error in which its biplane design appears upside down.
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Double Eagle gold coin sells for record $18.9M at Sotheby's auctionThe coin, with a face value of $20 and distinctive design of an American eagle in flight on one side and Liberty striding forward on the other, was the last gold coin struck for circulation in the United States.
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