Battling terminal cancer at the time, the artist took up the assignment cautiously.
President Theodore Roosevelt commissioned the coin in the early 1900s from the country’s then-preeminent sculptor, Augustus Saint-Gaudens. Sotheby's "Three Treasures" sold at auction on June 8, 2021.
The newly sold specimen’s value stems from its status as the only legally privately owned 1933 Double Eagle known to survive today. The Double Eagle coin was the last gold currency struck in the United States, reports Reuters. (The buyer did not want to be identified.) Per a statement, Weitzman purchased the gold $20 coin for $7.59 million in 2002 this time around, it was estimated to fetch between $10 and $15 million. Of the three, the 1933 “Double Eagle” stole the show, becoming the world’s most valuable coin by selling for a whopping $18.9 million. The trio included a shiny gold coin, a set of famously misprinted stamps and a small scrap of magenta paper popularly called “ the world’s rarest stamp.” Luxury shoe designer Stuart Weitzman auctioned off the rare objects, dubbed the “ Three Treasures,” at Sotheby’s, reports James Barron for the New York Times.
Three small collector’s items, each small enough to hold in the palm of one’s hand, broke records on Tuesday when they sold for more than $30 million in New York City.
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