US gold coin sells for record $19.5 mn at Sotheby’s auction!

New York: A 1933 US gold coin that was never issued after Franklin D. Roosevelt removed America from the gold standard sold for a record $19.51 million at a Sotheby’s auction in New York Tuesday.

The auction house described the 1933 Double Eagle, the last US gold coin made and intended for circulation, as "one of the most coveted coins in the world" and it didn’t disappoint. The $20 coin, designed by the American sculptor Augustus Saint-Gaudens, sailed past its pre-sale estimate price of between $10 million and $15 million.