The 1913 Liberty Head Nickel is one of the most famous and valuable coins in the world. With only five known examples, these rare nickels have captured the imagination of collectors and coin enthusiasts alike, each worth millions. The most recent sale saw one of these coins fetch $4.5 million! If you’re a collector or curious about valuable coins, this is one to know about—its story, mystery, and incredible worth make it a true treasure.
1. What Makes the 1913 Liberty Head Nickel So Rare?
The 1913 Liberty Head Nickel stands out because it was never supposed to be minted. The U.S. Mint had already transitioned to the Buffalo Nickel in 1913, making the production of Liberty Head Nickels in that year a mistake. Only five coins were minted, likely under mysterious circumstances, which adds to their appeal and rarity.
2. The Five Known 1913 Liberty Head Nickels
There are only five authenticated Liberty Head Nickels from 1913, each with a unique history and owner. Some notable ones include:
- The Olsen Specimen: This coin appeared in a 1972 episode of Hawaii Five-O and was owned by collector Louis Eliasberg.
- The Eliasberg Specimen: Often considered the finest example, it once belonged to the renowned coin collector Louis Eliasberg.
- The Norweb Specimen: Another well-known example with a long ownership history.
Each of these coins is famous in the numismatic community and has been sold at auctions for millions of dollars.
3. Why Is the Value So High?
The value of the 1913 Liberty Head Nickel is due to its extreme rarity, historical mystery, and desirability among collectors. With only five in existence and a unique backstory, this nickel has become one of the most coveted coins, driving its value up significantly.
4. How to Spot a Fake 1913 Liberty Head Nickel
Due to its fame, counterfeit versions of the 1913 Liberty Head Nickel are common. To identify a real one:
- Check the Date: Only genuine nickels from 1913 have the correct date and features.
- Seek Authentication: Only five coins are certified, so verification from trusted graders like PCGS or NGC is essential.
- Look for Proof Characteristics: The original 1913 nickels have a specific mirror-like proof finish that most counterfeits lack.
5. Could There Be More 1913 Liberty Head Nickels Out There?
Rumors have circulated for years that a sixth 1913 Liberty Head Nickel may exist. While no new examples have been found, the possibility keeps collectors searching, hoping to find one of the most legendary treasures in American coin history.
6. Value Over the Years
The 1913 Liberty Head Nickel has steadily appreciated over time, with prices reaching millions in recent years. Here’s a look at some notable sales:
- 1972: Sold for $100,000.
- 2010: The Olsen specimen sold for $3.7 million.
- 2018: The Eliasberg specimen fetched over $4.5 million in a private sale.
These coins are considered “trophy coins,” with values that only increase as more collectors become interested.
7. The Mystery and Allure of the Liberty Head Nickel
The 1913 Liberty Head Nickel has a mysterious past, which only adds to its allure. It’s believed that the coins may have been minted unofficially by an employee at the Philadelphia Mint. Their scarcity, combined with this intrigue, has cemented their place as one of the most desirable coins in the world.
Conclusion
The 1913 Liberty Head Nickel is more than just a coin—it’s a piece of American history wrapped in mystery and worth a fortune. With only five known examples, each one is a prized possession in the numismatic world. Whether you’re a seasoned collector or new to the hobby, the story of this extraordinary nickel is one that captivates and inspires. So, while it’s unlikely to find one of these coins in your change, the fascination with the 1913 Liberty Head Nickel will continue for generations to come.
FAQs
1. Why is the 1913 Liberty Head Nickel so rare?
The 1913 Liberty Head Nickel is rare because only five were minted, possibly under unauthorized circumstances at the U.S. Mint. It was never meant to be produced in 1913, as the Mint had already switched to the Buffalo Nickel design.
2. How much is a 1913 Liberty Head Nickel worth today?
A 1913 Liberty Head Nickel can be worth between $3 million and $4.5 million, depending on its condition and history. The coin’s unique story and limited supply make it highly valuable among collectors.
3. How can I tell if I have a real 1913 Liberty Head Nickel?
Only five authentic 1913 Liberty Head Nickels exist, each verified and well-documented. If you suspect you have one, consult a reputable grading service like PCGS or NGC for authentication. Most 1913 Liberty Head Nickels in circulation are replicas or fakes.
4. Could there be more 1913 Liberty Head Nickels out there?
Though only five are known to exist, some collectors believe a sixth coin might be hidden somewhere. However, no additional examples have been found or verified.
5. Where can I buy or sell a 1913 Liberty Head Nickel?
Due to their extreme rarity and high value, 1913 Liberty Head Nickels are usually bought or sold at major auction houses specializing in rare coins. Occasionally, private collectors or museums also purchase these rare coins.