On July 30, 2002, the 1933 double eagle was sold to an anonymous bidder at a Sotheby's auction held in New York for $6.6 million, plus a 15-percent buyer's premium, and an additional $20 needed to "monetize" the face value of the coin so it would become legal currency. This brought the final sale price to $7,590,020.00, almost twice the previous record for a coin. Half the bid price was to be delivered to the United States Treasury, plus the $20 to monetize the coin, while Stephen Fenton was entitled to the other half. The auction took less than nine minutes. The buyer remained anonymous for nearly two decades, until March 2021, when it was revealed in a "New York Times" article to be collector Stuart Weitzman. Weitzman's decision to reveal himself as the coin's owner since 2002 coincided with his decision to sell it, in a Sotheby's auction scheduled for June 2021.