Canada Gold Winnipeg

Canada Gold - Winnipeg Blog

Home » Canada Gold – Winnipeg Blog » Eleven 1933 Double Eagles Reunited for the First Time

Eleven 1933 Double Eagles Reunited for the First Time

Sep 10, 2026

For coin collectors, opportunities to witness history don’t come along very often. On August 28, 2026, visitors to the American Numismatic Association’s World’s Fair of Money in Pittsburgh will experience one of those rare moments.

For the first time ever, all eleven 1933 Saint-Gaudens Double Eagles held by the United States Mint will be displayed together. These legendary $20 gold coins have spent decades at the centre of one of the most remarkable stories in numismatic history, involving the Great Depression, changing monetary policy, government investigations and record-breaking auction sales.

Although nearly half a million were struck, almost every 1933 Double Eagle was melted before it could ever enter circulation. Today, only a handful survive, making them among the most famous gold coins ever produced.

A Coin Born During the Great Depression

The story begins in 1933, one of the most turbulent years in American financial history.

As the United States struggled through the Great Depression, newly elected President Franklin D. Roosevelt introduced sweeping changes to the country’s monetary system. In March 1933, the government suspended gold payments, and over the following months Americans were required to surrender most of their gold coins and bullion to the federal government.

Despite these changes, the Philadelphia Mint continued producing its beautiful $20 gold Double Eagles.

Designed by renowned sculptor Augustus Saint-Gaudens, the coin features Lady Liberty striding confidently forward on the obverse and a majestic eagle in flight on the reverse. It is widely considered one of the most beautiful coin designs ever produced by the United States Mint.

Between March and May 1933, approximately 445,500 Double Eagles were struck.
None were officially released into circulation.

Instead, they remained in Mint vaults while the future of gold coinage was being decided.

Almost Every Coin Was Melted

By 1937, the government had ordered nearly every 1933 Double Eagle to be destroyed.

Roughly 445,000 coins were melted, reducing them back into gold bullion.

Only two examples were officially preserved for the Smithsonian Institution’s National Numismatic Collection.

That should have been the end of the story.

Instead, it became one of the greatest mysteries in American numismatics.

The Coins That Shouldn’t Have Existed

Over the following years, several 1933 Double Eagles began appearing in private collections.
Exactly how they left the Philadelphia Mint remains uncertain, but investigators believed a small number had been removed before the mass melting took place.

The United States Secret Service launched an investigation in 1944 and spent years tracking the missing coins. Several examples were recovered and destroyed, but not all of them.
One coin followed an especially remarkable journey.

It eventually became part of the collection of King Farouk of Egypt, who had legally obtained an export licence before the U.S. government recognized the mistake. After Farouk’s overthrow, the coin disappeared from public view for decades before resurfacing in the early 2000s.

Following a legal settlement, that single specimen became the only 1933 Double Eagle that can legally be owned by a private collector.

It sold for US$7.59 million in 2002, then set another record in 2021, selling for US$18.9 million, making it one of the most valuable coins ever sold at auction.

A Decades-Long Court Battle

The story wasn’t over.

In 2004, the family of Philadelphia jeweller Israel Switt voluntarily surrendered ten additional 1933 Double Eagles that had been discovered in a safe deposit box.

A lengthy legal battle followed as the family argued ownership of the coins.

In 2011, a jury unanimously ruled that the Double Eagles had never been lawfully issued by the United States Mint and therefore remained government property.

Those ten coins became part of the Mint’s permanent holdings.

An eleventh example was later voluntarily surrendered by a private citizen after learning of the court’s decision. It now joins the other recovered specimens.

Why This Display Is So Significant

While individual 1933 Double Eagles have occasionally been displayed, the United States Mint has never publicly exhibited all eleven government-owned examples together.

That changed on August 28, 2026.

The display offers collectors and historians a unique opportunity to view nearly every surviving government-owned 1933 Double Eagle in one place.

The exhibition also forms part of the celebrations surrounding America’s 250th anniversary, highlighting an important chapter in the nation’s monetary history.

United States Mint Director Paul Hollis described the coins as symbols of resilience, noting that while they were struck during one of America’s most difficult economic periods, they continue to represent an enduring part of the country’s history.

More Than Just a Rare Gold Coin

The 1933 Double Eagle is famous because of its rarity, but its importance extends well beyond that.
It marks the end of an era when gold coins circulated as everyday money in the United States. It also reflects one of the most significant changes in American monetary policy, when the country moved away from circulating gold coinage during the Great Depression.

For collectors, the coin represents the perfect combination of artistry, historical significance and rarity.

Its remarkable legal history has only added to its legendary status.

A Once-in-a-Lifetime Opportunity

The American Numismatic Association’s World’s Fair of Money ran from August 25 to 29, 2026, with the historic Double Eagle display taking place on Friday, August 28.

For anyone passionate about coins, history or precious metals, seeing all eleven government-owned 1933 Double Eagles together is an opportunity that may never happen again.

Whether you’re fascinated by their breathtaking design, their extraordinary legal journey or the role they played during one of the most significant periods in American financial history, these legendary coins remain among the most captivating treasures in the numismatic world.

RECENT BLOG POSTS

Common Misconceptions About Gold and Silver

Common Misconceptions About Gold and Silver

Gold and silver have been trusted stores of value for centuries, yet there are still many misconceptions surrounding these precious metals. Whether you’re considering buying bullion, selling old jewellery, or adding precious metals to your investment portfolio,...

Gold in Pop Culture: It’s Always Been About More Than the Metal

Gold in Pop Culture: It’s Always Been About More Than the Metal

Gold is everywhere once you start looking for it. Album titles, award trophies, championship rings, red carpet jewellery, hip-hop chains, movie props – it shows up so often we’ve stopped noticing it. That’s worth thinking about for a second, because gold doesn’t...

Canada Gold Introduces Three New Partnership Tokens

Canada Gold Introduces Three New Partnership Tokens

Canada Gold is proud to introduce three brand-new sponsorship tokens, created in partnership with three of Canada’s most passionate football teams. Designed with fans in mind, each token captures the spirit of its team while offering a unique collectable for fans....