The E-Sylum:  Volume 11, Number 6, February 10, 2008, Article 26

ANOTHER 1933 DOUBLE EAGLE FOUND IN CAIRO?

[This report from a Russian publication (citing an Egyptian
publication) seems to hint that another 1933 double eagle
has turned up.   I don't believe it, although the story
has been making the rounds as it gets picked up by other
web sites and blogs.  I've not yet heard any credible source
confirming the claim, although the tale of the 1933 Double
Eagle to date has been one full of surprises.  -Editor]

CAIRO, February 4 (RIA Novosti) - A rare U.S. double eagle
gold coin that could be worth up to $15 million has been
found by an Egyptian couple as they cleaned out their flat,
the Qatar Ar-Raya newspaper said on Monday. The precious
piece of gold was discovered in an old box that had once
belonged to Mohamed Ismail's grandfather while he and his
wife, Fatima, were throwing old clothes and broken
furniture out of a closet.

Mohamed subsequently sent the coin to experts, hoping that
he would get a few dollars for it. However, the tailor was
shocked when the experts told him that his grandfather had
left him a unique coin of historical value. Double eagle
coins were first minted in 1850 and were used to settle
accounts between banks and other financial institutions.

Specialists believe that the double eagle found in Egypt
could be part of Theodore Roosevelt's 1933 collection of
coins redesigned by famed American sculptor Augustus
Saint-Gaudens and given to King Farouk of Egypt as a
present.

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  Wayne Homren, Editor

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