Mike was ready to take Stark into his confidence. "Let's say Queenie didn't come by these ducats in the most honorable way. Let's say she thought the old boy owed her a few quid, and she grabbed some fists full of gold and silver."
"That makes more sense. The feds wouldn't have known where to look, and a lot of this would have come back onto the market with your victim having no clue of the value of the things she had stolen," Stark said, thinking aloud.
"You think the feds have time to be interested in rusted old medals and coins that are only worth a few thousand dollars?" Mike asked.
"When you're talking about King Farouk, I'd say you'd have everyone from the Secret Service to the CIA on the hunt."
Stark had just ignited the spark that had been smoldering in our pockets. Whatever made him bring the CIA into this conversation?
Mercer took the lead, calm and easy, in his usual style. "I guess I'm just missing something, Mr. Stark. We're aware that the king collected royal jewels from monarchies all over the world, and that he had Fabergé eggs worth a good fortune. Ms. Ransome would have had to have carted off trunkloads of-of nickels and dimes, so to speak-to make it worth her while. We know that didn't happen."
"You'll have to talk to someone in the rare jewel business to find out how many Fabergé designs existed and what they're worth on the open market. When it comes to this kind of thing, I can assure myself that she need only have taken the right coin, Detective. Just one single piece that Farouk owned, and I'd say I know a lot of people who would have killed for it."
"Maybe she did take it," I said. "Maybe if you can describe-"
"Queenie-is that what you call her? Queenie didn't get the particular coin I'm talking about," Stark said, smiling at me again. "That one actually wound its tortuous way back into our very own hands. I just mean that with objects as rare as the things Farouk bought for himself, one of them alone might be worth a fortune."
"Well, go back to the piece you referred to-the one you wound up with. Maybe there was another just like it."
"Ah, Ms. Cooper. That is the stuff that dreams are made of-sort of like a dirty old black falcon that a private eye set out to find. This coin- ourcoin-was an eagle, and I know for a fact there was only one in the entire world."
"You mentioned the CIA and Secret Service, though," Mike said. "You want to explain what this is all about?"
"I think you should know the story, Detective. Perhaps it will suggest some comparable avenue of investigation. Have any of you ever heard of a Double Eagle?"
Stark walked to a glass display case that stood at the far end of the room. He took a small key out of his breast pocket and unlocked it, taking from the top shelf a black leather box with a hinged clasp.
He sat down and opened the box, staring at the large coin inside before passing it across to us. "Mind you, this is just a proof-a copy of the actual gold piece. But it might be the most magnificent coin ever struck."
I lifted the shining disk from its nest and rubbed my finger over its raised image.
"She's quite gorgeous," I said.
Stark took off a strip of paper that was affixed to the inner lid of the box. "This is a passage from the auction catalog when we sold the piece. It describes her better than I can."
He paraphrased the copy. "Lady Liberty, striding forward in a loose gown, against the wind. Her left hand holds an olive branch while her right is extended with a lighted torch. There's a small representation of the Capitol Building on the bottom, with forty-eight stars circling the edge of the disc, and the rays of the sun emanating from beneath the feet of Liberty. The year of issue was 1933."
Mike took her from me and flipped her over. On the back were a finely etched profile of an eagle in flight, and the designation of the amount of the piece in United States value: twenty dollars.
"You sold one of these at auction?" Mike asked.
"Correction, Mr. Chapman. Don't get your hopes up. We sold the only one of these that existed at auction. July 2002. It was the one Farouk owned."
"You mean only one of these was ever made, that's how come you're so sure?"
"Many were made, in fact, but the government never issued them. They were all destroyed."
"I gotta ask you, sir, what this one went for. What price did you get for it?"
Stark was only too pleased to answer Mike's question. "It was in all the newspapers, Mr. Chapman. I've got nothing to hide." Stark reached over and reclaimed his proof, holding it up between his thumb and middle finger.
"The Double Eagle sold for more money than any other coin in history," Stark said proudly, puffing up as he gave the answer. "More than seven million dollars."
I looked at Mercer's three plastic bags of supposedly rare coins, which together would only fetch a few thousand. It was impossible to conceive that a single piece of gold with a face value of twenty dollars could eventually sell for seven million dollars.
Mike was incredulous, too. "So, just humor me, Mr. Stark. Suppose there was a second one. Just like that one you're holding, all solid and real. Suppose we found it mixed in with these others and brought it back to you. What'd you give me for it?"
"Nothing, Mr. Chapman. Not a dime."
Mike laughed. "At least I'd get twenty bucks' worth."
"No, that isn't true. Your hypothetical piece wouldn't even be worth the twenty dollars engraved on its back side. The coin was literally illegal the very day it was made."
Mike mimicked the position of Stark's fingers, which were still holding the coin. He had a goose egg instead of a gold proof. "Zilch. Zero. Bupkes."
"I suppose if you melted it down you'd get the price of the gold weight, but that's about it."
"How come?"
"Very simple, Detective. After the Mint creates the coins-all coins-they have to be 'monetized.' That's the process the Treasury Department has to go through with every kind of currency, or else-like the Double Eagle-it never becomes legitimate money. It's the process of monetizing the coins that makes them legal tender." Stark sighed. "This particular value is all in the history of this piece, the uniqueness of it."
"You wanna tell me about that?"
"Certainly. If I entertain you enough, perhaps I can charm Ms. Cooper out of some of these other little treasures," Stark said, referring to Queenie's stash. "I'd like to see everything you found in the lady's closet."
He started after the Gold Rush of the 1840s, which placed the young American nation among the wealthiest in the world. "The United States Mint needed a new denomination for the growing economy, something more than the original one-dollar gold piece. The highest value of currency that had been available until then was the ten-dollar coin. So a bill was introduced in Congress to create a twenty-dollar piece, cast with nearly a full ounce of gold."
Stark went back to his glass étagère and brought several coins back to us. "Plenty of these twenty-dollar gold pieces to go around," he said. "They were minted almost every year between 1850 and 1933."
I looked at the older version that he handed to me. "This one isn't nearly as elegant as yours, is it?"
"You can thank Teddy Roosevelt for the improvement. While he was president, he had a chance encounter with the man most people considered America's greatest sculptor."
"Who was that?" Mercer asked.
"Saint-Gaudens. Augustus Saint-Gaudens. Roosevelt complained to him that the U.S. coins lacked artistic qualities. Old Teddy wanted something to rival the ancient Greeks, with brilliant design and high relief. He had found the man capable of designing it. This new golden Double Eagle became the symbol of American wealth and power, a very desirable object from the first moment it went into circulation."
"There's only one bird on this thing," Mike said. "Why call it a Double Eagle?"
"Because it was twice the amount of the old ten-dollar piece, which had been nicknamed the Eagle."