The 1913 Liberty Head Nickel: A Rare and Valuable Treasure
The 1913 Liberty Head nickel is one of the most sought-after coins in numismatic history, with only five examples known to exist. This rare coin is not only a gem for collectors but also carries an intriguing backstory that has captivated historians and enthusiasts alike. Its rarity and historical significance have made it a top-tier collectible, with one specimen selling for a staggering $3.2 million at a Heritage Auctions event in January 2014. This particular coin was graded PR64 by the Professional Coin Grading Service (PCGS), indicating it was in exceptionally good condition, with pristine surfaces and no visible marks. Its value is a testament to its rarity and the mystery surrounding its creation.
The Mysterious Origins of the 1913 Liberty Head Nickel
The 1913 Liberty Head nickel was never meant to exist. That year, the U.S. Mint transitioned from the Liberty Head design to the Buffalo nickel, designed by James Earle Fraser. No official authorization was given for the production of Liberty Head nickels in 1913, yet five of these coins were somehow minted. Historians have long debated how this happened, with speculation surrounding Samuel W. Brown, a former U.S. Mint employee. Brown advertised in The Numismatist in December 1919, offering to buy 1913 Liberty Head nickels for $500 each, a significant amount at the time. He later claimed to have acquired all five, leading many to believe he may have sourced them directly from the Mint. The exact circumstances remain unclear, but the mystery adds to the coin’s allure.
The Journey of the 1913 Liberty Head Nickels
Each of the five 1913 Liberty Head nickels has passed through notable hands over the years, creating a fascinating narrative for collectors. One of these coins, known as the "Hawaii Five-0 Coin," gained fame after appearing in an episode of the popular television series Hawaii Five-0. This same coin was sold for $3.7 million in 2010, making it one of the most-traded examples of the five. During the Great Depression, Colonel E.H.R. Green, a wealthy collector, owned all five nickels at one point. Later, in 1944, Texas coin dealer B. Max Mehl auctioned one of the nickels, which was purchased by King Farouk of Egypt. By the 1970s, one of the coins was believed to have been lost, while another was reportedly sold privately for $100,000. Today, these coins remain highly sought after, with their storied pasts adding to their value.
A Coin Fit for Royalty: The Auction Highlights
The 1913 Liberty Head nickel’s auction history is nothing short of remarkable. In January 2014, Heritage Auctions sold one of these rare coins for $3.2 million, a price that places it among the most valuable U.S. coins ever sold. This amount is only surpassed by a few other legendary coins, such as the 1794 silver dollar, the 1933 double eagle, and the 1804 Class I silver dollars. Another 1913 Liberty Head nickel was sold for $3.1 million in 2013, further cementing its status as a numismatic treasure. These sales highlight the coin’s enduring appeal and the willingness of collectors to pay premium prices for such rarities.
Rare Coins: Hidden Gems in Your Pocket?
While the 1913 Liberty Head nickel is undoubtedly a holy grail for collectors, it’s not the only rare coin that could be hiding in plain sight. Experts estimate that several other rare coins, including certain dimes and nickels, could be worth hundreds of thousands of dollars if found in circulation. For example, a rare dime could fetch up to $45,600, while another rare specimen might be worth as much as $840,000. These discoveries remind us that even everyday items, like the change in our wallets, could hold unexpected value. Checking your pockets or coin collection might just uncover a treasure you never knew you had.
The Legacy of the 1913 Liberty Head Nickel
The 1913 Liberty Head nickel is more than just a rare coin; it’s a piece of history that continues to captivate numismatists and historians. Its unique story, from its mysterious creation to its journey through the hands of kings and collectors, makes it a truly priceless artifact. For those interested in collecting rare coins, the 1913 Liberty Head nickel serves as inspiration, reminding us of the thrill of the hunt and the potential for hidden treasures. Whether you’re a seasoned collector or a casual enthusiast, the legacy of this nickel underscores the enduring fascination with rare and historic coins.