3 Notable Coin Collections From Around the World
As both an investment strategy and a pastime, numismatics has appealed to collectors from many walks of life, from kings and popes to recognized actors and individual investors. This original article highlighted three widely known coin collections from around the world.
King Farouk’s Collection: Cairo, Egypt
Considered one of the biggest and most prominent collections of the 20th century, King Farouk assembled what may have been the most valuable privately held coin collection ever. It included an exceptionally scarce 1933 example of the $20 St. Gaudens double eagle. To take that coin to Egypt, King Farouk needed a special export license because Executive Order 6102 prohibited private gold ownership in the United States.
At publication, Following King Farouk’s removal from power in 1952, Egypt’s new government arranged an auction for his coin collection. It can be challenging to sell an estate collection at equitable prices, and collectors who traveled to Cairo for that sale reportedly acquired valuable coins at reduced prices. The original article also reported that his 1933 St. Gaudens double eagle sold for $7.6 million at a 2002 auction.
The Smithsonian Institution’s National Numismatic Collection: Washington, D.C.
When this article was originally published, a Smithsonian visit offered the chance to view nearly 1.6 million pieces of currency in the nation’s capital. The National Numismatic Collection drew visitors worldwide and began in 1923. Its exhibits included rare coins from ancient civilizations, the Confederacy, and nations around the globe.
American Numismatic Association (ANA) Money Museum: Colorado Springs, CO
Colorado Springs was known for the Rocky Mountains, striking scenery, and the ANA Money Museum. At the time of publication, nearly 250,000 pieces were displayed there, including the celebrated gold coins in the Harry Bass Core Collection. The interactive exhibits gave visitors a closer view of exceptionally rare currency, and many displays were designed for children, making the museum suitable for a trip with a young collector.
At Publication: Requesting an Expert Coin and Bullion Dealer Appointment
When originally published, Atlanta Gold & Coin Buyers stated that its knowledgeable staff had assisted collectors across the country. The mail-in appraisal service was described as allowing investors outside Atlanta to sell rare coins quickly and conveniently. Readers who preferred an in-person visit were invited at publication to request an appointment online or give us a call today at 678-922-4909.
