How did the extra $20.00 needed to complete the sale of the Fenton 1933 double eagle get paid?

SanctionII

In addition to the bid price, an extra $20.00 was required to complete the sale and purchase of the coin [Was this extra $20.00 needed to "monetize" the coin? If not, what is the purpose for charging an extra $20.00?].

Was this extra $20.00 paid in cash [coin or currency?] or was it paid with the bid price as part of a check or wire transfer? If it was paid in coin or currency does anyone know what specific coin[s] or currency was used? And what happened to the extra $20.00 [was it simply placed into the till along with other coins/currency, thus losing its separate identity or was it segregated and identified for what it is]?

Staircoins

The amount owed was paid with 20 1964 Peace dollars.

Pushkin

?

seanq

I thought it was simply added to the hammer price of the coin, and when the proceeds were split the government got the extra sawbuck.


Sean Reynolds

jmcu12

I thought there was a story about this very question. And if I remember correctly the $20 was paid in cash with a $20 bill. I am not sure of the series.

holeinone1972

Someone posted a video of it, they paid cash if I am not mistaken.

holeinone1972

And if by chance the Langboards or (whoever they are) get the 10 double eagles, they probably will not have the extra $200 in cash after paying all of the court costs.

Connecticoin

<< <i>And if by chance the Langboards or (whoever they are) get the 10 double eagles, they probably will not have the extra $200 in cash after paying all of the court costs. >>



If they prove their case, they would prove that Izzy already paid the $200.

Coinosaurus

The $20 bill to "monetize" the coin should have been auctioned for charity.