Double Eagle coin sells for record-setting $19.5 million

A Sotheby’s employee holds a 1933 Double Eagle Coin during the "Three Treasures – Collected by Stuart Weitzman," a dedicated live auction, of three treasures from the personal collection of the fashion designer and collector.

A 1933 Double Eagle gold coin sold for a record-setting $19.5 million at auction in New York on Tuesday, and the world's rarest stamp went for $8.3 million. The coin, the only 1933 Double Eagle ever allowed to be privately owned, was expected to sell for between $10 million and $15 million at the Sotheby's auction in New York. It was sold by shoe designer and collector Stuart Weitzman who acquired it in 2002 for what was then a world record price of $7.6 million. The buyers were not immediately known.