In short...NO.
It has only the value that the purchaser wishes to place on it...much like art.
In fact, that is what it is, Art. It is not money in any sense of the word.
The ONLY legal 1933 double eagle sold in 2002 for $7,590,020.00
In 2002 a 1933 double eagle sold for over $7.5 million. However, not every 1933 double eagle floating around is going to be worth that much. The reason is that other than the 1933 double eagle sold in the 2002 auction, no other 1933 double eagle is legal to own. No 1933 double eagles were released for circulation, however 445,500 were minted and all were supposed to have been melted down. Some though escaped the mint and the US Secret Service has seized nearly 20 coins that had escaped the mint because they believe that they are still technically the government's property. The reason one 1933 double eagle is legal to own is because the US government issued an export certificate for it in 1933 to allow it to be exported to Egypt before realizing that no 1933 double eagles had been released for circulation.
The only legal example sold for $7,590,020 in July of 2002.
The US government claims that the 1933 Double Eagle coins cannot be the legal possession of any member of the public, as they were never issued and hence they remain the property of the US government.
The only legal example sold for $7,590,020 in July of 2002. Many copy's of this coin exist that have no collectible value.
1933 double eagle American
Double Headed Eagle Hitler's Rise to Power 1918-1933 - 1973 is rated/received certificates of: UK:U
No, because other than the 1 authorized specimen they are illegal to own and technically aren't monetized (the buyers of the authorized 1933 double eagle had to pay the US mint $20 to monetize the coin). So, I suppose if you paid the millions for that one 1933 double eagle you could spend it, but otherwise no.
If you can find someone that collects this stuff, $5dollars maybe a little more..
The only legal example of this coin sold for $7,590,020 in July of 2002. The coin is NOT real. It's a copy that has no collectible value.
Only 4 denominations were struck in 1933, the Lincoln cent a Walking Liberty Half dollar a Indian Head $10.00 gold eagle and the $20.00 Saint-Gaudens double eagle
The 1933 Gold Double Eagle was Never Officially Issued:The U.S. Gold Double Eagle, Saint-Gaudens type, had been issued from 1907 until 1932. Although 445,500 Double Eagles had been minted with the 1933 date, none were released into circulation because of changes made to currency laws during the Great Depression. In an effort to end the run on the banks and stabilize the economy, President Franklin Roosevelt took America off the gold standard. Not only were no more gold coins to be issued for circulation, people had to turn in the ones they had.The 1933 Double Eagles are Ordered to be Destroyed:It became illegal for private citizens to own gold coins, unless they clearly had a collectible value. This law was enacted during desperate times to prevent the hoarding of gold currency. Since there would be no more gold currency issued in the U.S., the Mint had melted down the 1933 run of Gold Double Eagles and converted them to gold bullion bars by 1937.