Figure of the month: US$7,590,020

03.02.2020 - News

created by Arnulf Hinkel, financial journalist

When it comes to gold coins, Krugerrand, Maple Leaf and Vienna Philharmonic are usually the first to come to mind: so-called bullion coins, whose nominal value corresponds to the actual value of the gold. Collector’s coins, on the other hand, are quite a different species, and can far exceed their nominal value if limited or very old. The US 1933 Double Eagle holds the record, being the most valuable gold coin across the world to date.

How US$20 turned into nearly $7.6 million

When the American sculptor Augustus Saint-Gaudens designed the motifs of the US$20 gold coin in the early 20th century, he most certainly did not expect that this coin would ever be worth US$7,590,020. The so-called “Double Eagle” was minted between 1907 and 1933, and the last edition is the most coveted. Its fame is due to the Executive Order 6102, with which the US government imposed a nationwide gold ban forbidding private ownership of the precious metal in 1933. As a consequence, the recently minted edition of the Double Eagle was immediately melted down again. Exactly how many Double Eagles have survived is unknown, but only one has since been auctioned, for US$7,590,000. By the way, the successful bidder also had to pay the US$20 nominal value.

Most valuable German gold coin: almost 400 years old

The “Jakobslöser” gold coin, minted in 1625, sold for €911,500 at an auction in London. Even in 1625, this coin was considered not so much a means of payment than an investment. However, it did not make it into the top ten most valuable gold coins.

A fun fact as a closing note: the most expensive coin in the world is not made of gold, but of silver. It is the 1794 Liberty Dollar with a current value of US$7,850,000 –  the first dollar ever minted by the U.S. Mint.

Image rights: © PantherMedia /f/2sumicron (YAYMicro)

Upcoming Events

29.02.2020 - 29.02.2020

Kap Europa, Messe Frankfurt GmbH, Osloer Strasse 5, 60327 Frankfurt am Main

Börsentag Frankfurt 2020

Finance event for private investors

07.03.2020 - 07.03.2020

Classic Remise, Harffstraße 110a 40591 Düsseldorf

Investors Fair „Anlegertag Düsseldorf“

11.03.2020 - 11.03.2020

Vaduzer Saal Giessenstrasse 7, 9490 Vaduz, Liechtenstein

Finance Forum Liechtenstein

Youtube channel

Market report - September 2019 (German)

Market report - September 2019 (German)

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Newsletter

Are you interested in receiving regular information on Xetra-Gold? Then subscribe to our monthly, free-of-charge newsletter to learn more about our gold holdings, upcoming events and to read our gold market outlook.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

We are sorry that you consider to unregister from our newsletter. Are you missing out information? If yes, we are pleased to receive your feedback. Of course, you can always re-register at any later point of time.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

Xetra-Gold Hotline

Xetra-Gold-Hotline

Do you have questions? We have the answers. Contact us here: 9 a.m.–6 p.m. CET

+49-(0) 69-2 11-1 16 70

xetra-gold@deutsche-boerse.com

For press inquiries: Tel: +49-(0) 69-2 11-1 47 30

To contact form