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Highest Price Paid for a Rare Coin
The highest price paid for a single rare coin was $7.59 million for a 1933 Double Eagle. The
coin was auctioned by Sotheby’s and Stack's and more than five hundred would be buyers were in attendance, but only a few were able
to go above the $2.5 million starting bid. This 1933 $20 Double Eagle coin was reputedly once owned by the King Farouk of Egypt. What makes this coin interesting is that the 1933 Saint Gaudens, as it is also known, were never officially released into circulation
by the U.S. Government.
Reportedly, 445,500 of the Double Eagle coins were minted in 1933, but in an effort to steady the economy, President Roosevelt took
gold coins out of circulation. It then became illegal to own gold coins unless they were collectible coins. However, some
of the gold coins made it out of the mint before they were melted down and many believe that there may be as many as twenty in private
collections. The coin auctioned in 2002 was part of the twenty, of which many have been confiscated by U.S. Government. As a matter of fact, the U.S. Government conducted a sting operation in order to get the coin back before it was auctioned.
By this time, the owner of the 1933 Double Eagle was a coin dealer from London named Steve Fenton. It is unclear how he came
to own the coin, but after the authorities confiscated it, he sued to get the coin back. The coin was once stored at the World
Trade Centers in New York, and was moved to Ft. Knox only after Fenton and the U.S. Government came to an agreement and just a short
while before the towers were attacked and destroyed by Al Qaida. The agreement stated that the coin would be sold at auction and
the proceeds of the sale would be split by Mr. Fenton and the U.S. Government. The coin was purchased by an anonymous phone
bidder.
When Time Stood Still Antiques & Coins, located in Berryville, Virginia carries a large inventory of antiques, collectibles and
coins. The small charming town of Berryville is just over an hour east from Washington DC and just south of Charlestown, West
Virginia. When Time Stood Still Antiques & Coins is open on Saturdays, Sundays and by appointment and they buy and sell coins,
silver and gold.
Dumb Mikey and His Cheating Wife
Mikey suspects that his wife is cheating on him so he goes to a gun show in Richmond and buys handgun. Then, he sneaks back up to Arlington and goes to his house, where he creeps up slowly and through a window sees her in the arms of
another man. Highly upset and full of emotion, Mikey pulls open the door and walks in on them. However, he is emotionally
charged and is quickly overcome by grief. So he takes his gun and points it at his own head. His wife, says, “Mikey stop,
it’s not what you think.” To which Mikey replies, “Shut up, you’re next!”
