The term Double Eagle stands for a $20 gold piece, which is a full ounce for gold. Prior to 1933, when our currency WAS physical gold, a $10 gold piece was an Eagle, which was a half of an ounce of physical gold. Today, it is numismatic gold, which mean it has value above the gold content. When you hold one of these beauties in your hands, you know you have something. It's real money, not helicopter money. Now read the following about how they rained from a ceiling in France, as told by the folks at The 5 Minute Forecast recently:
"Some people have all the luck. Not only does Francois Lange supervise a winery in France, he's now the fortunate owner of some 250 U.S. Double Eagles.
Workers at the winery recently began renovating one of the buildings. "One of the workers (was) attacking the building's ceiling with a crowbar," says M. Lange, "when gold coins started to rain down on him, followed by sacks of gold."
By the time the showers let up, there were 497 gold coins - all minted in the United States between 1851-1928 with a face value of $20.
How they got there, no one knows. Or cares. Current value of the whole stash - just shy of $1 million. M. Lange will keep half for himself, while the workers will split the rest.
Harding, Eric. "When Double Eagles rain down from the ceiling (hint - don’t let them roll away!)" International Business Times. 2 March. 2012. Web.
View original article at ibtimes.com: