Just A Thought - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 3 / Views: 1,079
whitesid Valued Member United States 82 Posts	Posted 12/02/2006 11:01 pm i think the info I was given was correct so here it goes: when the mint made the 20 dollar gold coin in 1933 the took them back before they gotten into circulation. we know that at least one survived. do you think that it is possible for another one to have escaped into circulation and was lost before they found it. so what I am trying to get at is do you think that someone metal detecting will ever find a 1933 20 dollar gold coin, or for that matter any extremely rare coin. I know someone not that long ago found a Half Disme, witch made me start thinking about this. Report this Post to the Staff

Metalman Pillar of the Community United States 7123 Posts	Posted 12/02/2006 11:11 pm Hi sid Actually someone turned into the Governmant about a dozen more of the 1933 double eagles,, as for finding one with a an MD that is unlikely as none would have circulated,, it is possible to find the more common Gold coins from days past ,,I know a few folks who have found them. Large cents and Half Dimes ,and other valuable coins can be found in the ground !! Rick Edited by Metalman 12/02/2006 11:14 pm Report this Post to the Staff
OldDan Pillar of the Community United States 1203 Posts	Posted 12/02/2006 11:25 pm quote: Originally posted by whitesid i think the info I was given was correct so here it goes: when the mint made the 20 dollar gold coin in 1933 the took them back before they gotten into circulation. Wrong! The Government has no idea how many of the coins were taken and/or sold to individuals working for the mint itself. They melted gold dollars that were turned back in, but who is to say they were 1933 gold dollars that they were melting. There are people who have bill of sales for these coins and there are far more of them than the mint will let be known. Or at least this is what they have told me and I tend to believe the story. Report this Post to the Staff
Morgan Fred Rest in Peace United States 2684 Posts	Posted 12/03/2006 09:21 am Actually, we've covered this subject in quite a few topics including http://www.coincommunity.com/forum/...OPIC_ID=7050 . It was ascertained that all 1933 St. Gaudens subsequently discovered were in the hands of collectors (or private parties) and that none got into circulation as far as anyone knows. All such Double Eagles were apparently stolen from the Mint, presumably by Mint employees; only one has been legalized. There may have been a few others accidently released into the wild via sale, but none have been documented AFAIK. Dan is quite right when he states that the exact number of St Gaudens which got out of the Mint's building is not really known. It's likely less than 30. The chances of finding a 1933 St. Gaudens $20 while metal detecting is about the same odds of the sun not coming up tomorrow (1:10 to the 12th power). Report this Post to the Staff
	Replies: 3 / Views: 1,079

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.27 seconds to rattle this change.