Why is coin called double eagle




















The robe-clad woman holds a torch in her right hand and an olive branch in her left hand. The dome of the U. Capitol appears in the background. In March , in an effort to help the U. This effectively took the U. Following Roosevelt's proclamation, , Double Eagles bearing dates and struck at the Philadelphia Mint were subsequently melted down into gold bars. Just two of the coins were preserved and sent to the Smithsonian Institution. However, as it turns out, 20 Double Eagles were stolen from the Mint in Philadelphia and wound up in the hands of various people.

The federal government says it has recovered all of them:. The coin was made of karat gold to ensure a top-quality ultra high relief. The coin is a uniquely American artistic expression—created by an American sculptor and crafted by an iconic American institution. We have perfected what has been called one of the most beautiful coins in the world, but, like America itself, there is much more on the horizon.

Skip navigation. Your browser is out of date. For the best and most secure experience in our catalog, please update your browser. Shop Shop. About News Learn. At the time of its creation, the colony's stamps were all imported from Britain. But a shortage in prompted British Guiana's postmaster to commission a new series from a local newspaper printer, according to Sotheby's. The specimen sold on Tuesday is the only one known to have survived.

The man on the phone: What's it like making history's highest auction bid? The last of Weitzman's three items -- which Sotheby's had collectively dubbed the "Three Treasures" -- was a sheet of the very first US airmail stamps, dating back to Shaped like octagons, these small stamps were issued by a local newspaper in the South American colony of British Guiana now Guyana during a stamp shortage. Nora McGreevy is a daily correspondent for Smithsonian.

She can be reached through her website, noramcgreevy.



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