Worlds Most Expensive Gold Bullion Coin

Tuesday, August 31, 2010 by GoldMadeSimple
The most expensive gold bullion in the world is the 1933 Double Eagle gold coin. This much sort after collectors item was last seen at auction by Sothebys in 2002 and was sold for a record price of $7.5 million.

Originally 445,000 of these Gold Sovereigns were minted in 1933. However President Roosevelt decided to remove USA from the gold standard at this time and it became illegal to own gold. All the Double Eagle coins were ordered to be melted but 20 coins were secretly kept back.

Over the years the Secret Service has recovered ten of the coins, which are now in the possession of the US Government. The remaining coins are under legal dispute as they government consider them to belong to themselves and want them returned.