Is the 1933 Double Eagle Coin Illegal to Own?

Discover why the 1933 Double Eagle coin is illegal and how collectors can navigate its ownership restrictions.

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The 1933 Double Eagle is currently illegal to own. This $20 gold coin was minted but never legally issued for circulation. Collectors interested in owning it need to have proper legal documentation.

FAQs & Answers

  1. What makes the 1933 Double Eagle illegal? The 1933 Double Eagle was minted but never legally issued for circulation, making its private ownership illegal without proper documentation.
  2. Can I buy or sell a 1933 Double Eagle coin? You can buy or sell a 1933 Double Eagle only if you possess the required legal documents that allow its ownership.
  3. What are the penalties for owning an illegal coin? Penalties for owning illegal coins like the 1933 Double Eagle can include fines and confiscation by the government.
  4. Are there any other coins that are illegal to own in the US? Yes, there are other coins and currency items considered illegal due to various historical and legal contexts.

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