/* GOOGLE META TAG */ /* YAHOO META TAG */ Coin Collecting News: Bank needs help finding owner of rare gold double eagle coins


Friday, March 27, 2009

Bank needs help finding owner of rare gold double eagle coins

SALT LAKE CITY -- Bank officials and police would like to know who the mysterious woman is who walked into a bank with a fistful of gold coins and exchanged them for only a couple hundred dollars. The coins, some more than a century old, are worth at least 50 times that much.

It happened last week at a St. George-area branch of Zions Bank. "A woman came into the branch and approached a teller saying that she had these coins," explained Rob Brough, executive vice president of Zions Bank.

She told the teller she had groceries waiting but the nearby Wal-Mart wouldn't accept her coins. The teller gave her face value, 20 bucks a piece, for 14 coins.


"At the bank, we don't deal with anything other than face value, and so she was just asking us to exchange the coins for dollars," Brough said.

But the coins are worth thousands, at least. Zions Bank showed us to see three of the 14, which date from 1875 to 1927.

All 14 are Double Eagles, $20 gold pieces. "There's some weight to it. There's about an ounce of gold here, so you get a little bit of sense that there's some value to these," Brough said.

Melted down at today's gold prices, each coin is worth, minimum, $900. Some very rare Double Eagles are worth tens of thousands, even millions. The 14 coins have . . .

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