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Cryptocurrency News Articles
The 1913 Liberty Head nickel, extremely rare due to its intriguing history, features a glittering quality to its surface that heightens its value.
Apr 01, 2025 at 04:24 am
The extremely sought-after and highly prized nickel, with a face value of just five cents, sold for an astounding $4.56 million at an auction in Philadelphia in 2018.
A FIVE-cent coin, arguably the most famous of American coins, had sold for a jaw-dropping $4.5 million at auction.
The 1913 Liberty Head nickel, extremely rare due to its intriguing history, is littering quality to its surface.
The extremely sought-after and highly prized nickel, with a face value of just five cents, sold for an astounding $4.56 million at an auction in Philadelphia in 2018.
It boasts a high grading of Proof 66 and features a "glittering mirror surface," according to the PCGS listing, and is the only specimen with this desirable characteristic.
Considered a "national treasure," the nickel was pictured on the cover of the second edition of The 100 Greatest American Coins and has been seen by more people and has been featured in more exhibitions than any other coin.
The 1913 Liberty Head nickel, just one of five in existence, is the finest of the series.
It is the Eliasberg specimen, named after famed collector Louis Eliasberg - an early owner of the coin.
Each of the five 1913 Liberty Head nickels has a unique story and is named after an early owner, including Olsen, Norweb, Walton, and McDermott.
Two of the specimens are currently held in museums, while the other three remain in private collections.
HISTORICAL MARVEL
These nickels are extremely rare due to their intriguing history.
In 1913, the US Mint replaced the Liberty Head nickel design with the Indian Head nickel, also known as the Buffalo nickel.
However, five 1913 Liberty Head nickels surfaced, raising questions about their origin.
Many believe that the coins were struck illegally by Samuel W. Brown, an established coin collector who lived in Philadelphia and worked at the Mint.
The nickels quickly became a hot topic among the collecting community and have exponentially gained value.
In 1996, the Eliasberg 1913 Liberty Head nickel became the first coin to sell for over $1 million.
Its $4.56 million auction price in 2018 was also record-breaking, marking the highest price ever paid for a 1913 Liberty Head nickel at a public auction.
COIN CRAZE
Many other coins have sold for far more than their face value because they possess characteristics deemed as highly valuable by collectors.
For example, a 1796 B-2 Quarter Dollar sold for over $1.7 million at auction.
The quarter, highly graded at MS64 and featuring a special B-2 die pairing, was bought for a whopping $1.74 million - nearly seven million times its $0.25 face value.
The year that the coin was minted also significantly contributes to its rarity.
1796 was the first year of issue for the quarter dollar and only about 6,000 were minted, with minimal examples surviving today.
Additionally, the quarter design that sold for $1.74 million was only minted in 1796.
The Draped Bust design on the obverse and Small Eagle on the reverse were changed the following year.
Check out these other coins worth a pretty penny.
Your penny could be worth $240,000 - look for a certain date and material.
Plus, a dime still in circulation could be worth $45,600 at auction – check your pockets now.
Disclaimer:info@kdj.com
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