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1933 Double Eagle Is Going Up For Auction!

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 Posted 03/10/2021  2:53 pm Show Profile   Bookmark this topic Add newguy22 to your friends list Get a Link to this Message
https://www.greysheet.com/news/stor...s-selling-it

https://www.sothebys.com/en/digital...art-weitzman

Thought I'd share two links that talk about this momentous auction that's coming up. Get your wallets ready guys! Here's hoping to winning this auction

All jokes aside, I'm curious if this coin will go for higher than the fabled 1794 dollar that sold for $10,000,000+.
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 Posted 03/10/2021  3:34 pm  Show Profile   Check Akkdayam's eBay Listings Bookmark this reply Add Akkdayam to your friends list Get a Link to this Reply
Wow...
Hello I am not great at coin collecting so what I said above Is probably wrong




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 Posted 03/10/2021  3:40 pm  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Those are the three holy grails of previous auction records. Love the inverted Jenny block. I will always remember the Scotts number for it "C3a the 24 cents blue on carmine red Airmail Post mail stamp". The British Guiana One Cent Magenta I remember selling for somewhere around $700K in the 80's, that's if I remember right?

I do remember the buyer "Stuart Weitzman" had asked to remain anonymous at the time of the first auction, I did know two of the guys bidding on the coin, both of them dropped out after $5 million, wonder if either will try again?

The inverted Jenny block is the one lot of the three which I like the best, and I don't even really collect stamps anymore, though I do have some neat BOB and revenue stuff. I sold off all my US stamps decades ago. Wish I kept a few like the Scott #'s 1 & 2 the Pan Pac and Columbian Expo sets plus some of the original sheets I had were neat (not really valuable) but still neat to have stacks of 3 cent and 5 cent sheets of 100 stamps from the 30' and 40's that I paid just under face value for.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2 variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
03/10/2021 4:17 pm
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 Posted 03/10/2021  3:43 pm  Show Profile   Bookmark this reply Add JohnH4444 to your friends list Get a Link to this Reply
That's some serious dough right there
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 Posted 03/10/2021  3:55 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Hmmmm, something doesn't seem quite right.

1. Shouldn't the stamp referred to as the "Guyana One-Cent Magenta" be actually called the "British Guiana One-Cent Magenta"?

2. I know there is one center line block of the inverted airmail (there can only be one).
I wasn't aware of the plate number block of 4 (there also can only be one).
And I would have thought there would (or should) be a second plate number for the red color.

3. As for the 1933 Double Eagle there is currently only one legal to be privately owned.
But there is something on the order of 15 more known to exist.
Ft Knox has 12 or so; the Smithsonian I believe has 2.
That may tend to keep the price down since it would be a fairly easy Government process to have one or more of these others to be monetized and released to the public.

I think I'm waiting for the other "shoe to drop".
Describe it as if there were no picture.
Picture it as if there were no description.
Edited by kanga
03/10/2021 4:02 pm
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 Posted 03/10/2021  5:15 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
So, @kanga, you will buy your 1933 double eagle when the prices drops? How low would it need to go?
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 Posted 03/10/2021  5:34 pm  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Wow, incredible to have those three iconic items in a single auction. Great to read the history behind each one.
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 Posted 03/10/2021  5:42 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
1. Simple wrong information provided by greysheet.com about the British Guiana. Sothebys has it right.

2. There is only 1 plate number block on that single sheet of inverted Jenny, but I'd think in a un-cut sheet, there should be 4 plate block number of 200 stamps. This is the only one that escape from QC.

3. Who knows how many is still out there in private hands?

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 Posted 03/10/2021  5:59 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
Quite an auction there!
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 Posted 03/10/2021  6:09 pm  Show Profile   Bookmark this reply Add DeputyMax to your friends list Get a Link to this Reply
I'm going to go out and buy a powerball ticket right now. Who knows, maybe I can buy all three for 2 dollars and have change left over.
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 Posted 03/10/2021  6:43 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Brewster's Millions immediately popped into my head, where he has to spend $30 million and have nothing to show for it, in order to inherit $300 million. He mails a letter with an Inverted Jenny.
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 Posted 03/10/2021  6:49 pm  Show Profile   Bookmark this reply Add newguy22 to your friends list Get a Link to this Reply
Someone call me crazy, but did Stuart Weitzman put his shoe brand logo on the back of the magenta Guiana stamp?

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 Posted 03/10/2021  7:54 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Yes he did. NY Times article says "Like the One-Cent Magenta's past owners, Weitzman left his mark, a stiletto heel, on the back of the tiny stamp. Among stamp collectors, it is not unusual for the owners of great rarities to put their initials or a symbol on backs of the stamps. Purists cringe, but many philatelists say that doing so carefully, and tinily does not damage a stamp or detract from its value."
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 Posted 03/10/2021  9:16 pm  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I had to go look it up as it's been a long time since I visited this site, but it's pretty neat.

https://invertedjenny.com/

There is a corner plate block with the red plate number showing. There are only 100 stamps on the sheet not 200 so only the one plate number. See the link on the sales data to see the whole sheet at once by position. There is the unique siderographer's block in red.

Col. Green bought the entire sheet (because of course he did, like all 5 of the 1913 Liberty nickels), He gave his wife Mabel one in a locket (position #9), there is a photo of it on the discovery page.

A really neat website to explore and learn about the inverted Jenny stamps.

I had no idea that Stuart Weitzman had earlier purchased the unique one-cent Magenta British Guiana stamp for $9,480,000 at an auction at Sotheby's, which is a world-record price for a stamp. I knew it has expensive but holy cow! The price on the Jenny block was never told but it last sold in 2005 for $2,970,000

All three of these could be close to $30,000,000.00 and still not even half the price of the top priced 1963 Ferrari 250GTO, ($70 million+) but on par with the 7th or 8th highest priced Ferrari.

https://www.ferrarilakeforest.com/m...ve-ferraris/

The rich keep getting richer.

Adding some other cool 1933 Links and threads here on CCF:

http://goccf.com/t/226799

http://goccf.com/t/227178

http://goccf.com/t/93647

http://goccf.com/t/18603

http://goccf.com/t/382514

"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2 variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
03/10/2021 10:02 pm
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 Posted 03/10/2021  9:55 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I bid... melt + 5% for the Gold Eagle coin.
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