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. Buy Gold Bullion. Kocreat Copy 1933 Double Eagle Liberty Gold Coin Twenty Dollars-Replica USA Souvenir Coin Lucky Coin Morgan Dollar Collection, Silver Brand: Kocreat 2 ratings $499 About this item MATERIAL-This is a Hobbies coin.Made of Copper,Plated with Gold. It brought a then-record sum of $7,590,020. Why Choose Zion Metals - 1933 Liberty Gold Coin Copy. The Hammell coin, federal agents would learn later during an interview with coin dealer James Macallister, was likely brought into the numismatic market by Switt through New York coin dealer Abe Kosoff. Then in 1944, a specimen, possibly pilfered by a government employee, was inadvertently approved for export to the fabulous collection of King Farouk of Egypt. Virtually all above have now passed away, a few still are with us. Save on delivery. If you have questions or concerns or want to know a little more about a specific item, just give us a call at 1-877-807-MINT between the hours of 8 p.m. and 5 p.m EST Monday through Friday. A quick note: Piecing together a list of known or rumored 1933 double eagles is a daunting task. The Secret Service was given this morsel of information by Ira Reed, with later corroboration coming from its mention on a list of coins from a collection that Bell planned to sell to B. Max Mehl in 1943. What, then, would happen to the other coins seized? That is a factor that could, if fully pursued might change the attitude of the MINT. One missing coin ended up in the collection of Egypt's King Farouk, but political considerations kept agents from confiscating it. In 2015, Silver Spring, Maryland coin dealer Julian Leidman, a beloved and respected old-timer on the national numismatic circuit, revealed this curious tidbit: in 1975, he accompanied coin dealers Mike Brownlee and Stan Kesselman on an adventure, wherein the three men purchased a collection of Liberty Head and Saint-Gaudens double eagles from a wealthy California coin collector named Ted Naftzger. After Farouk was removed from power, the coin disappeared until 1996 when it was seized by federal agents and stored away in a vault in the World Trade Center. Researcher David Tripp, in reviewing thousands of pages of government documents in preparation for his book Illegal Tender (2004), confirmed that the Mint tracked the movement of every single 1933 double eagle, sending 500 coinsthe contents of two 250-coin bags, one from the March 15 delivery and the other from the April 26 deliveryto the upstairs Cashiers Vault for assay. In 1933, the Gold Confiscation Act called for that entire year's $20 gold coin mintage to be melted down. Why Choose Zion Metals - 1933 Liberty Gold Coin Copy Value. Much credit is due to numismatists David Tripp and David T. Alexander for their work on the subject in the early 2000s. In 1907, President Theodore Roosevelt commissioned famed sculptor Augustus Saint-Gaudens to redesign the Gold Double Eagle coin. FDR wasnt sworn in until 2 days later. Posted On April 27, 2022 . Not satisfied with the outcome, the family appealed the case on procedural grounds, first arguing against the governments use of historical documents at trial and then on matters relating to forfeiture law. According to Berenstein, Smith ultimately sold the coin to Philadelphia dealer Ira Reed. The sale marks the second time it has broken the auction record for a coin, having last done so in 2002, when it fetched $7.6 million. Produced in 1856, the British Guiana One-Cent Magenta stamp is the last of its kind known to have survived. Certification companies wouldnt authenticate the coin, major auction houses wouldnt market the coin, and few dealers would risk their livelihoods, reputation, and freedom for a chance at the same kind of commission they would get off of the sale of a legitimate rarity. The Republican incumbent from California garnered just 59 electoral votes in that contest, taking only parts of New England and Pennsylvania. On August 4, Mint Director Nellie Tayloe Ross gave the order to all Mint branches to begin the process of melting down all of the gold coins on hand. The last of Weitzman's three items -- which Sotheby's had collectively dubbed the "Three Treasures" -- was a sheet of the very first US airmail stamps, dating back to 1918. 1933 liberty 20 dollar gold coin copy value. And while you're here, feel free to take a closer look at our other gold coins, as well as our assortment of full-color baseballs, pocket knives, die-cast models, and more. One of the oldest materials used in the minting of coins, silver has long been a favorite material of both serious numismatists and casual collectors. (7) The Mint and Treasury only cared about these coins when the market value in the 1940s was 40-50x the face value, or ovr $1,000 a coin. As recently as 2017, both coins were on public display at the National Museum of American History. Tripps work proved to be quite valuable, as he was given access to thousands of pages of the federal governments investigatory files. If you do not wish to preview future issues in the collection, please select the Individual Item Only tab above. Clearly, lots of Philadelphia Mint employees over time (as David Bowers has written extensively) would grab valuable years and mintmarks and exchange them with dealers and collectors in Philadelphia, NYC, and Boston. On September 21, 2004, Berke met with Mint representatives at the familys bank box in Philadelphia. It is not a Tradable coin, but it is worth your permanent collection. The obverse features a full-length image of Liberty, facing forward with an olive branch in her extended left hand and a raised torch in her extended right. Silvery-white platinum metal resembles white gold or silver in appearance. $18.99 $ 18. a.d. Mobilfunk>, Do 5% coupon applied at checkout Save 5% with coupon. IRA; Videos; About; Contact Us; Login; My Account; . Ira Reed, who was in attendance, corroborated Berensteins assertion that Clarke owned a 1933 double eagle, telling agents that he had sold one to Clarke in 1941 in an over-the-counter transaction. Zion Metals identifies itself by offering the very best customer care . This was sufficient proof that the coins were sourced from the same cache of unreleased double eagles kept in the Cashiers Vault and smuggled out of the Mint in 1937. His order was formalized on August 29, 2012. There was nothing illegal about this. The Pogue 1822 $5 gold coin conceivably could and the Childs Class I 1804 dollar would have had the Pogue family not set an unreachable reserve. In 1930, a wealthy American could buy an electric washing machine for about $75, though the purchase of one would have probably been facilitated by paper money backed by either silver or gold coin. In truth, I do not feel that the MINT or FEDERAL RESERVE when accounting in their inventories the dates and Mints of the contents in change, or bags that pass through their hands daily, but the physical FACE VALUE of what is counted and recorded. The government, however, remained unaware of the situation for seven years. Barnard had no intention to surrender his coin and sought to retain it through a filing in federal court. The Eliasberg specimen was melted down in August 1956. Within moments, U.S. Secret Service agents stormed in with guns drawn and made the arrest. It is tied to today's silver coin value. From 1954 onwards, the whereabouts of the Farouk coin were unknown until it turned up in London in 1995. In the course of the investigation, he would eventually disclose that he purchased a second 1933 double eagle from Ira Reed for an undisclosed sum and sold it in the spring of 1943, charging Memphis, Tennessee dealer F.B. Of course not. (Naftzger doggedly proclaimed his innocence in that matter. Your detailed review is what is needed for more exciting and interesting coins. We supply distinct high quality items from different sources as well as mints throughout the globe. Kosoff claimed that he paid Switt $600 for the coin, but that it wasnt a straight cash transaction. Find many great new & used options and get the best deals for 1933 WALKING LIBERTY USA / DOUBLE EAGLE GOLD-PLATED COPY $20 DOLLARS COIN at the best online prices at eBay! Why go after the 1933 double eagle and not the 1913 nickel, 19th-century pattern coins, or myriad unauthorized restrikes? This Coins & Money item is sold by PAULHFRESCOCREATIONS. Buy Silver Bullion. "Today's sale marked a historic moment in the history of stamp and coin collecting -- and one that I think will not be surpassed for a long time, if ever," said global head of books and manuscripts at Sotheby's, Richard Austin, said in a press release. 17,01 EUR + 17,31 EUR envo. Summary: 1933 USA GOLD $20 DOLLAR DOUBLE EAGLE 24K GOLD PLATED REPRODUCTION COIN Copper Coin with pure 24 carat gold - Diameter 25 mm - MINT - PROOF MINT 1933 $20 Saint Gauden Double Eagle, BRILLIANT GOLD PLfrom Match with the search results: This is a replica of a famous St. Gaudens $20 gold double eagle, or $20 piece. Moore accepted the number, and then Parrino and Fenton agreed to Moores terms and set up a meeting for the sale of the coin in a New York hotel room on February 8, 1996. Farouks representative purchased the coin from Mehl on the same day that the Fort Worth, Texas mail-order dealer had purchased the coin from Philadelphia coin dealer Ira S. Reed. A few years later, Groendyke would sue Moore for selling his coins without his knowledge and keeping all of the proceeds. I and many others understand what true currency is!!! President Herbert Hoovers approach to the crisis greatly contributed to his drubbing by Democratic challenger Franklin Delano Roosevelt in the 1932 presidential election. Andr de Clermont and London coin dealer Steve Fenton formed a profitable partnership and worked to dispose of the coins at good prices. Gold Coin #1: Liberty Cap (1795 - 1804) Credit: coinscatalog. Gold Coins As to the inclusion of rumored pieces, certain details concerning who owned them, who sold them, and to whom they were sold have been necessarily left vague. 1933 Libery Gold Plated Copy Coin $19.00 Seller: geostra3039 (31) 96.6% or Best Offer +$5.00 shipping Sponsored Copy 1933 Liberty Standing Walking $20 Twenty Dollar Coin USA U.S.A. Gold-Plated $14.99 Seller: liquid_70 (3,347) 98.2% Buy It Now +$5.25 shipping Sponsored 1933 Gold Double Eagle Proof (2003) layered w/24K gold Am Mint COPY w/COA $16.00 Join now and also get a welcome voucher code for $5. Macallister had purchased the example from Switt for $550 on December 6, 1937. Rare 'Double Eagle' gold coin sells for a record $18.9M. After weeks of haggling, Parrino pushed the number up to $1.5 million. Join now and also get a welcome voucher code for $5. Egyptian authorities consigned the Farouk coin collection to Sothebys and the historic sale was carried out in February 1954. It was not the first 1933 double eagle sold publicly, but it was the only example sanctioned for export by the United States. Collecting That's Affordable for Everyone Toll-free Customer Service Number: You will benefit from our experienced staff and international trade partners: we can offer you select rarities at especially fair prices. The Boyd specimen was melted down in August 1956. 1933 Liberty $20 Dollar Gold Coin Copy Value - April 25, 2022 Graded Pre-33 Gold Coins. Numismatic lore is one of the exciting parts of being a Coin Collector and a Profession Dealer for some 70 years. 42 Cent/Min. Please call us toll-free at 800-527-2375 for up to the minute pricing if you wish to order any of the items listed below. Walker, Hubert. This turned out not to be the case, although Williams did buy one. According to the stories told, Swift would get special-dated coins which were either in his till, or turned in for redemption at the Cashier Office of the Mint. Late in the summer of 1995, the rarest and most controversial of all U.S. gold coins arrived. From a numismatist's perspective, platinum U.S. But the fact is that neither he nor they knew about the March 2nd, 1933 striking of the Saints nor of the placemen of 43 of the 1933 Saints with 1932 Saints to make up for a counting shortage in a bag of 1932s. Behind the Scenes of the James A. Stack 1933 Double Eagle Gold Coin, CoinWeek. Would the heirs have a rightful claim for financial compensation for coins they were forced to surrender? J.F. Alexanders 2002 article in The Numismatist, which preceded Tripps Illegal Tender by two years, was likely the most complete accounting of each coin that had been published to that point, relying on news reports and information available within the industry. as their value is only going to increase. In 2009, the court surprised Mint legal counsel by shifting the burden of proof from the family to the Mint. Well list this coin at the end of this run-down as a rumored coin. Nine of these coins were mutilated and melted down in the tests and the remaining 437 were placed back under lock and key in the Cashiers Vault. The battle of the forms between the Stack estate and the federal government would continue for half a decade before the matter was ultimately dismissed. Doctors told her that it would likely come back. Of course, you don't have to be a dedicated collector to enjoy the variety of Are coins not your thing? At the time, the coin's face value more closely coincided with the spot price of gold, but now the inherent value of these . Save on delivery. Liedman claimed that Brownlee negotiated the sale of the coins, including the 33, to Texas oilman Jeff Browning. So as he had done to so many others, in January 1905, Roosevelt simply wore down the artist and got his commitment to begin work on the presidents Pet Crime. For their part, even the courts found this issue difficult to navigate and for a time there seemed to be a very real possibility that the 1933 double eagle would go from an R-8 to an R-7 Low based on the Sheldon Rarity Scale. I still have a problem with David Tripp testifying FOR the government in a clear conflict of interest given Sothebys liability (if any) for the sale of the 1933 Saint DE in 2002. Experience Our Industry-Best Customer ServiceIf you're tired of getting substandard service (or no service at all) when you order products online, you'll appreciate the difference when you do business with American Mint. As discussed in entry #7, J.F. McCann would have had access to the coins, was at the right place at the right time, and was already serving time for stealing from the Mint. In August 2004, attorney Barry Berke, reached out to the United States Mint Office of Legal Counsel to inform them that his new clients had in their possession 10 double eagles from 1933 and that he would like to discuss the matter. The eventual purchaser of the second Bell coin will be discussed later. Conceivably, a 1933 double eagle could come to market once every couple of years. The passion for collecting took root immediately, and today truly marked the culmination of a life's work," he said, adding that proceeds from the sale will "help support a number of charitable causes and educational endeavors that are near and dear to me. David Hall Rare Coins. Macallister, in a later interview with the Secret Service, admitted to purchasing five 1933 double eagles from Switt in early 1937. $775. Although the embezzlement and sale of the 1933 double eagles had likely taken place near the end of his term, Clarke did not come into possession of his coin until after he was out of office. James Bell, alias of Chicago collector-dealer Jake Shapiro, had handled more than one 1933 double eagle. He was not a dishonest businessman and did not consider that a reputable dealer like James Macallister would have offered him stolen goods. 2006-W $50 American Gold. The proceeds of the sale were split 50/50, with half going to Fenton and the other half going to the U.S. Mints Public Enterprise Fund. Kocreat Copy 1933 Double Eagle Liberty Gold Coin Twenty Dollars-USA Souvenir Coin Lucky Coin Morgan Dollar Replica Collection, Silver. Clarke wasnt immediately asked to hand over his 1933 double eagle but was later instructed to do so. His wife, fearing his mental state, never told him he had cancer. Sign up now to join our e-mail list and ensure that you will no longer miss any offers from American Mint. Question: Were all those 1933 Saints going to be exchanged for $20 in bills or coin before they were released had FDRs orders not gone into effect ? Upon receiving orders to destroy the unissued 1933 double eagles,United States Mint Cashier George McCann (who the government would come to believe embezzled a number of coins in 1936 on behalf of Israel Switt) sent two examples to the Smithsonian Institution for preservation in the National Numismatic Collection. The finest 1933 double eagle, in such a hypothetical, might be a $4.5 to $5 million dollar coin, but each and every one of them would likely sell for $2 million or more. If you have any questions about the $20 Saint Gaudens US gold mint coin before placing your order, please call Money Metals Exchange directly at 1-800-800-1865. 1849 & 1933, National Collector's MINT 3 Coin Set Gold Plated .999 Silver 1907 1933 Copy, 1933 GOLD Double Eagle Lady Liberty Proof Gold Coin Total Of 2 Coins, 1933 Gold Plated Liberty Double Eagle Copy #HU1129 by National Collector's Mint. 'Flawless' purple-pink diamond fetches record $29.3M at auction. One of the major revelations of U.S. Mint Senior counsel Greg Weinmans 2018 presentation in front of the gathered members of the Pennsylvania Association of Numismatists (PAN) was that the Mint believed that George McCann had smuggled out not the 20 coins that had now been accounted for but rather the 25 that coin dealer James Macallister claimed in his sworn testimony to the Secret Service that Switt had enumerated to him. Kocreat Copy 1933 Double Eagle Liberty Gold Coin Twenty Dollars-USA Souvenir Coin Lucky Coin Morgan Dollar Replica Collection, Silver Brand: Kocreat 14 ratings $499 About this item MATERIAL-This is a Hobbies coin.Made of Copper,Plated with Gold. (6) George McCann could have LEGALLY exchanged coins for future sale or simply relied on a Mint privilege to reserve some of the coins, possibly with the approval of a higher-up (or not). As for the possible whereabouts of the remaining 1933 double eagles, no one knows for sure. For its part, the Mint believed the family had agreed to surrender the coins to them, compelled by law to return the governments stolen property. The 1933 double eagle $20 gold coin is one of American Numismatics most notorious coins. So Williams went elsewhere to get his fix. The next day, Strang and Haley again met with Berenstein, who told them that 1933 double eagle owners F.C.C. Seeing that Berke had successfully negotiated a settlement with the government on behalf of his client Stephen Fenton, he was as good a choice as any to shepherd the case through the courts. It was melted down in August of that year. Six years later, Reed sold the Hammel coin to Jake Bell or so it is claimed. Looking for gold and silver coins? Still, stories exist. As you reported and wrote Swift was a known jeweler and numismatist in the Philadelphia Area who always helped dealers out, I guess because of his connections to some cashier at the Philadelphia Mint. 1933 liberty $20 dollar gold coin copy value. The 1933 double eagle is a United States 20-dollar gold coin. He also told them that New York dealer Abe Kosoff had sold another example to collector T. James Clarke of Jamestown, New York. A jeweler from Cairo had been tasked, it was said, by the family of a colonel close to General Gamal Abdel Nasser, second President of Egypt after the overthrow of Farouk, with the responsibility of selling parts of the estate. Moore had an ax to grind with Parrino and turned to a friend who had worked as an FBI agent. Our in-house experts focus on creating and assembling superior coins many are limited additions that are available only from American Mint. QUARTERS & HALF DOLLAR REPLICAS; 1$ SILVER DOLLAR. The sale was concluded on February 17, 1937. Jake Bell, T.James Clark, Harry Strang (Secret Service active in finding the 1933s) Walter Mortimer Hammel, Charles Williams, Joseph Barnet, James A. Stack, Louis Eliasberg, L.G. June 2019. Thanks for the memories, Harvey. For this reason, very few collectors even attempt to collect 1933 eagles, as even the lower-end specimens - on the rare occasion that they even come up on the market - cost in the hundreds of thousands of dollars. This information I believe was kept from the jury at the Langbord Trial. As publishers of this piece, we welcome any feedback for the purposes of correcting errors that may remain on our list. DMV Gold & Jewelry of Leesburg 25 Catoctin Cir NE, Leesburg, VA 20176 (703 . At this point, the Cashiers Vault should have contained 469 examples of the 1933 double eagle. The man on the phone: What's it like making history's highest auction bid? However, as many as 20 coins escaped this fate: twowere given to the Smithsonian for exhibit, and a handful were secreted away by the Mint's chief cashier. Numismatist Fred Baldwin prepared the catalog. Our COLOSSAL reproductionhas a weight of 110 grams and a diameter of 70 millimeters, enlarging Saint-Gaudens' unforgettable design to twice the original size! The hobby of numismatics rivals the sport of fishing for the number of fish tales that circulate about rare coins hidden away in some collection here or there. We believe that you shouldn't have to spend a fortune to build an enviable coin collection. 14,73 EUR . Think of it as a version of the 1927-D double eagle but with a notorious backstory. According to Liedman, among Naftzgers gold coin holdings was a 1933 double eagle. The Treasury, after being informed by the diplomat that the coin was a rare collectible, sought guidance from National Numismatic Collection curator Theodore Belote. Inside were the 10 1933 double eagles individually stored in envelopes that look like they could have come from the Mint. Featuring Liberty on one side, and an eagle in flight on the other, the coin has a face value of $20. At the top of the coin is the legend UNITED STATES OF AMERICA in a concentric arc next to the flat rim, with TWENTY DOLLARS just below in another clockwise arc. I have seen and held a 1933 $20 gold in Zurich Switzerland, the dealer now dead, also had a 1964 US Silver Dollar. Gold Coins The family decided to challenge the seizure of the coins in court. He was sure that it was the Farouk coin, given the origin of the rest of the material he and Clermont had been dealing in from the Egyptian, but he had little in the way of documentation to establish provenance. Every item also comes with a Certificate of Authenticity that certifies its size and materials and includes an assortment of interesting facts about the piece. Bell, whose real name was Jake Shapiro, was a Chicago area collector and sometimes coin dealer who had built an impressive collection of U.S. coins, including a number of rarities beyond the notorious 1933 double eagle. When Macallister sold the coin to Mehl and Mehl sold the coin to Flanagan, there is no evidence that any of the three men knew of the illicit nature of the coins. The coins could have been exchanged before since the 43 1933 Saints were already in an opened bag of 1932s. P.O. Source: Red Book. The diagnostics of the coin matched the coin imaged on the Kodak film. Of course, I am still a close friend of David Tripp, (who not only wrote a book about the 1933 but worked with us when we together with Sotherbys offered a 1933 at Public Auction). The crest of the sun appears again on the reverse, at the bottom with rays extending upward nearly to the top of coin behind a majestic left-facing eagle, wings uplifted in flight. The 1933, Liedman claims, was spirited away quietly and into the collection of a close friend. (4) And regardless of where the coins were stored, the Mints cashiers 1933 $20 GOLD PLATED LIBERTY DOUBLE EAGLE COIN-NATIONAL COLLECTOR'S MINT(COPY) Vendedor particular. He focused much of his collecting on Massachusetts colonials, early copper, and U.S. gold and silver coins. 1933 Half Dollar Value. Although Roosevelt had hoped that the sculptor would reenvision the entirety of American coinage, only two designs were finished and put into production, and both required adjustments before they were suitable for commercial coinage. I own a Liberty Double Eagle, 1914 St Gauden, many Morgans and Peace Dollars. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins At auction, a gem uncirculated 1933 Indian Head gold eagle sold for $718,750 in 2004. Investigators would learn about McCanns alleged involvement after the cashier had left the Mints employ in disgrace for an unrelated matter. Coins for Sale Toll-free Customer Service Number: You will benefit from our experienced staff and international trade partners: we can offer you select rarities at especially fair prices. In his letters, the president poured forth his ideas for how Americas coinage should rival those of the ancient Greeks. It was a real coin and it had markings not found on the two Smithsonian examples or the Farouk coin sold in 2001. Parrino saw the move as a way for Moore to frontload his commission. But it certainly seems plausible, unlike some of those other fish tales. In total, Macallister admitted to buying five examples from Switt before stopping due to his inference that Switt had more coins on hand than he had originally allowed Macallister to believe. Since the pandemic, many museums are still closed, and I do not know if the displays still exist or were taken down. But even these matters were complicated by extraneous factors. FREE delivery Fri, Jan 27 on . The specimen sold on Tuesday is the only one known to have survived. Williams told Secret Service Special Agent Ralph W. Robuck in an April 6, 1944 interview, that he had paid Mehl $1,000 for his coin. Roosevelt was a big man and he had a major appetite for American greatness. Walter Breen, in his Complete Encyclopedia of U.S. and Colonial Coins, claimed that one 1933 double eagle was thrown into the sea in the 1950s by a collector fearing it would be seized. The coin was one of many highlights from the Stacks March 23-25, 1944 sale of the Colonel James W. Flanagan Collection of Gold Coins. The jeweler said he hadnt, but that if he did, then he would try to acquire it. If an order came down like in 1933 to turn Gold/Silver over to the FEDS, I will never turn these in, NEVER!!! Fifty years later, that position would change only slightly when the government settled on the notion that all of the improperly released 1933 double eagles were illegal to own, with the exception of just one coin. Illegal Tender: Gold, Greed, and the Mystery of the Lost 1933 Double Eagles. You will be billed only for the items you decide to keep. If the Hammel specimen was the coin that Bell turned over to the Secret Service, and Kosoff, Reed, and Bells testimony regarding this specimen was truthful and accurate, then Reed would have had to have held onto a rare and expensive 1933 double eagle at the height of its demand in the midst of the Great Depression. Although you'll likely never be fortunate enough to get your hands on a genuine 1933 Double Eagle, you can have the next best thing. When you go into a bank and made a deposit they give you a receipt. April 18, 2017. And he was dying. The coin was one of three valuable items put up for sale by the shoe designer Stuart Weitzman. Ira Reed acquired the specimen he sold to Baltimore banker Louis Eliasberg, Sr. directly from Israel Switt and sold it for $1,000 on April 15, 1944, already fully aware of the confiscations and ongoing criminal investigation. In 2018, the Mint announced that an anonymous collector had voluntarily surrendered a 1933 double eagle to the United States Secret Service. a.d. Festnetz; max. Two weeks later, Ross ordered the Philadelphia Mint to transfer two 1933 double eagles to the Smithsonian Institution to be kept in the National Numismatic Collection. The cantankerous Cornish, New Hampshire sculptor got to work and, over the course of the next two years, the president and the artist stayed in constant contact with one another. Another question surrounded the legal implications the government might face, should the courts allow the sale of the Langbord-Switt 10, given that the 2002 sale occurred with the stipulation that Farouk coin would be the only legal example of the issue.