1933 Double Eagle - Another article

MrEureka

link to article

My favorite quote from the article:

The jeweler wanted $325,000 for the Double Eagle and some other coins...Fenton told de Clermont the price was too high. De Clermont shuttled between Fenton and the jeweler until they arrived at a price, $220,000 for the Double Eagle and the other coins.

nOoBiEeE

Just finished reading it, WOW.

mrearlygold

I was offered the coin for 400K ( at the time it was hypothetical of course!). I offered it to a client who asked me "how much do you need to make on it" and I said "100K". He said wow, why so much? I replied, because I have to get it in, and then out to perhaps Georgetown where you'll be waiting with a hypothetical briefcase of trade money.

He said I was trying to make too much on the coin. A year later it was in the papers.

I really wish my customer had been thinking straight back then.

TP

1jester

Fascinating read!