DoubleEagle

Double Eagle Coins Used To Pay A Wal-Mart Bill

Has the economy really come to this, people using rare gold coins to pay for groceries? A woman in St. George, Utah went to the Zions Bank and handed over 14 gold $20 Double Eagle coins, saying she had groceries waiting at Wal-Mart, which would not accept the coins as payment. The bank teller gave the woman $280 but the coins were worth far more. The oldest coin was minted in 1875 and the most recent was 1927. Now the search is on for the woman because she could be getting a lot more money. Double Eagles can fetch thousands of dollars or even up to $1 million depending on the date. Even melted down the coins would fetch around $900 each at today's gold prices. It is assumed the woman did not know the treasure that she surrendered but she's in for a big payday now.

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Tags: coins, double eagle, DoubleEagle, utah

The World of Rare Coins: The Prized Double Eagle

by Rigel Celeste (RSS feed) —

It's everybody's dream to suddenly find a rare coin floating around in their pocket or purse and be an instant millionaire, and although that's always possible (not all the rare coins in the world are accounted for) it's pretty unlikely. Coin collecting is big business, both as a hobby and as a way to turn a profit. As a general rule the more rare a coin is the more it's worth, so what's the rarest coin ever? It's a debatable subject as not all experts always agree, but if the Double Eagle isn't at the top of that list it's sure near it. Back in 2002 the only Double Eagle coin left to be in private hands (or so everybody thought) sold for $7.9 million dollars.

Other rare coins include the Double Eagles smaller cousin the Quarter Eagle, and then the Brasher Doubloon, and the Eagle. More for fun then there's always the world's biggest coin, valued at $2 million+ (it's weights over 220 pounds and is the size of a pizza -- that would be a fun delivery!).

Good luck searching those pockets!

Gallery: Rare Coins