A man makes a fortune selling the last American gold coin and postage


The last American “Double Eagle” gold coins were sold at auction in New York City, for a record amount of $ 19.5 million, and the rarest stamp in the world sold for $ 8.3 million.

The “Double Eagle” coin sold, the only one allowed to be privately owned in 1933, was expected to fetch between $10 million and $15 million at Sotheby’s in New York, Reuters reported.
The coin was sold by shoe designer and collector Stuart Fitzman, who originally bought it in 2002, for $7.6 million, a record at the time.
The coin has a face value of $20, was the last gold coin in circulation in the United States, and has never been issued since America withdrew from the global gold standard and ordered the administration to destroy all copies.
Fitzman also sold his 1856 British Guiana One-Cent Magenta stamp for $8.3 million. Al Masnn bought it in 2014 for $9.5 million.
The copy sold is the only one surviving in a series printed by the South American country (Guyana) due to the lack of stamps sent by its then British colonial rulers.


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