From modern dimes to vintage treasures, it’s worth rummaging through your coins to uncover hidden riches.
A TikTok sensation with a following of 213,000, @CoinCollectingWizard, recently highlighted the “world’s most valuable coin” that could be in your pile.
The 1933 Gold Double Eagle has an intriguing past and remains a favourite among collectors. Although 445,500 were produced in the USA during the Great Depression, they never entered official circulation due to a government order that saw all but two supposed to be destroyed.
However, 20 coins managed to escape the furnace, having been “stolen” and eventually resurfaced in collectors’ hands.
In the TikTok clip, the user explains: “This coin is worth millions. You might expect the most valuable coin in the world to be super old, but it’s actually from the 20th century.
“The 1933 Gold Double Eagle has a fascinating history prompted by a request from former president Teddy Roosevelt and designed by famed sculptor Augustus Saint Gordon’s. The Double Eagle was minted in limited quantities from 1907 to 1933.
“In 1933, in the midst of the Great Depression and in an attempt to end a banking crisis, then President Franklin Roosevelt issued an executive order halting the production of gold coins. He even required citizens to exchange any gold coins they had.
“At that time, nearly half a million of the 1933 Double Eagles had already been minted. However, only 10 left the US Mint due to a sneaky move by a Mint employee. The rest never entered circulation, making this one of the rarest coins in the world.”
Eagle-eyed coin collectors should keep a lookout, as the chances are slim but still present for spotting one of these elusive coins. Discovering a 1933 Gold Double Eagle could potentially skyrocket you into millionaire status overnight.