The authors write: Twenty years ago, if you asked any collector or dealer to name the three most valuable American coins, the response would most likely have been the following: 1804 Silver Dollar, 1894-S Dime, and 1913 Liberty Head Nickel. Some have speculated that this means there were six known coins at one time. Also, the United States Mint had returned to the cupronickel standard for nickels and was able to melt and refine a large number of blanks recover from Hennings Erial facility as well as approximately 40,000 coins ($2,000 face value) salvaged from the Cooper Creek for use in striking authentic coins that year. Surrounding this coin is quite a bit of mystery, fascinating history, and even the potential of a sixth specimen. RELATED: 15 Shocking Auction Sales. January 30, 2013. It sold at auction in April 2013 for $3,172,500. While this defect is very distinct[ive], it does not appear on all of Hennings reverse dies. 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There are several theories associated with the creation of the 1913 Liberty (V) nickel. (2019). Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. The American Numismatic Association is a nonprofit educational organization dedicated to educating Buses would fall behind schedule as conductors sifted through the coins they received in hopes of finding a coveted 1913 Liberty V Nickel. New Record Price for 1913 Liberty Nickel: $4.15 Million, PCGS.com. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. cent or a 1913-S Indian Head 5-cent coin. Fake 3. It was known that Brown had been an employee of the U.S. Mint during the year 1913. The stars look like blobs on the fake, and the fine hair detail is all but non-existent. It is important to note that it is technically illegal to own any counterfeit currency, but it is highly unlikely that the Secret Service will be knocking on your door for owning one of these pieces. Want news like this delivered to your inbox once a month? WebLiberty Head "V" Nickel. Bad Metal: Copper and Nickel Circulating Contemporary Counterfeit United States Coins. Samuel W. Brown (employed at the mint from 1903 to November 1913) - August Wagner (who advertised (Please note that coin #2, The Walton specimen listed as whereabouts unknown, resurfaced a few years ago), https://www.pcgs.com/news/Pedigree-Of-Five-Known-1913-Liberty-Nickels. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. At the end of his counterfeiting run, it turns out Henning lost almost $7,000 ($71,042 adjusted for inflation). This specimen is the only one of the 1913 Liberty Head V nickels that has circulation marks on it. Sold again in 2005, Legend Numismatics bought it for US$4,150,000. Interesting blog. 1926-S Buffalo Nickel. The 1944 dated type is usually the only example available to collectors. While it is possible that another exits, it is highly unlikely. Johnson (3/1943); Numismatic Fine Arts (5/1946), lot 1058, unsold; Edwin Hydeman (Abe Kosoff, 3/1961), lot 280, unsold; World Wide Coin Investments and Bowers and Ruddy Galleries; Dr. Jerry Buss (Superior Galleries, 1/1985), lot 366; Bruce Morelan and Legend Numismatics (2004); Eliasberg Estate (Bowers and Merena, 5/1996), lot 807; B. Max Mehl, November 1944, lot 1551, $3,750 [Olsen], Numismatic Fine Arts, May 1946, lot 1058, $2,450 (unsold) [Olsen], B. Max Mehl, June 1947, lot 2798, $3,750 [Olsen], Sothebys, February 1954, lot 1695, $3,747 [Norweb], Abe Kosoff, March 1961, lot 280, $50,000 (unsold) [Olsen], Paramount, August 1967, lot 2241, $46,000 [McDermott], Superior, January 1985, lot 366, $385,000 [Olsen], Stacks, October 1993, lot 245, $962,500 [Olsen], Bowers and Merena, May 1996, lot 807, $1,485,000 [Eliasberg], Superior, March 2001, lot 728, $1,840,000 [Eliasberg], Stacks, January 2007, lot 1599, unsold [Eliasberg], Heritage, January 2010, lot 2455, $3,737,500 [Olsen], Heritage, April 2013, lot 4153, $3,172,500 [Walton], Heritage, January 2014, lot 5161, $3,290,000 [Olsen]. Some V-Nickels can be purchased for less than $1.50 making them a very affordable option for both new and seasoned collectors. One tells us that the Liberty Head nickel bearing that date was producedunauthorized by the United States Mintby Mint employee Samuel W. Brown or someone else on his behalf. Filed in: Coins The value of a V Nickel depends largely on its scarcity and date. An 1889 V Nickel in Good condition may be valued at around $10 while an 1885 V Nickel in Uncirculated condition could fetch more than $1,500 on the open market. 4,427 views Premiered Feb 6, 2020 182 Dislike Share Save HalfDolla' MakeYouHolla' 111K subscribers We find a rare 1913 Before selling for more than $3.1 million Thursday, the rare nickel was involved in a car accident, forgotten Save my name, email, and website in this browser for the next time I comment. The obverse most likely came from a 1913 Philadelphia nickel, while the reverse was separated from a relatively common late-date San Francisco issue. These lines, which resemble die scratches, are especially noticeable above the denomination. There are only five known confirmed coins in existence. Pat. ), offering to buy for $50 apiece any 1913 Liberty head nickels offered. Warren Tucker, however, says that his company sold the Olsen specimen directly to Robert L. Hughes. April 26, 2013. However, there is a theory out there that a sixth coin exists. After becoming friendly with the tellers, I began buying boxes of coins, pennies, nickels, dimes, and quarters to search. Eager bidders could offer up to $5 million to secure its purchase. Only five specimens are confirmed to exist, although there is an intriguing hint that there In May of 1996, it was sold for the highest price for a coin up until that point: US$1,485,000. Value $0.2 - $9. 5 Cents "The Victory Nickel" 2020. Country Canada Year 2020. Silver Partially Gilt V Cents "The Victory - Legacy of the Canadian Nickel" 2015 KM# 1942. Discussion in 'US Coins Forum' started by coinzip, Nov 13, 2007. coinzip Well-Known Member. Today, Henning nickels are relatively rare. Another theory is that the Mints Medal Department might have lawfully issued them for cabinet purposes.. Since 1943, each of the five famous nickels has traveled far and wide with their numerous owners. A rumor spread that the initial Variety 1 nickels would be recalled in favor of Barbers modified Variety 2 design, which heightened interest in collecting the originals. Real B. The first design was a shield on the Have fun too! He sold them to super-collector Colonel E.H.R. Only five examples are known to exist: two in museums and three in private collections. After throwing hundreds of thousands of coins with a face value of approximately $20,000 into New Jerseys Cooper Creek and Pennsylvanias Schuylkill River, Henning was still about $2,000 short of just his metal costs. If youre looking for a nickel with investment potential that is slightly more within reach, check out the 1928 Buffalo nickel. April 25, 2007. PCGS | In February of 1913, the Indian Head (Buffalo) nickel was introduced to replace the Liberty Head design. It is not a nickle nor is it a 1913 Liberty Head and it appears to be an attempted replica. The date would be modified into a 1913. Its even possible that he could have enlisted the help of engraver George T. Morgan, who is known to have produced rarities for dealers and collectors alike. That deal was arranged by Ronald J. Gillio, a Santa Barbara, California-based coin and jewelry dealer. Is this image real or fake? If you have a V-Nickel that is from a limited series or a series that is considered scarce, or if you have a V-Nickel that appears to be in great shape, you may want to consider having it graded by a professional coin grading service such as PCGS or NGC. 1916 Buffalo NickelDoubled Die Obverse. Additionally, note the low level of detail in comparison to the genuine piece. A. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. This was the first coin to break the million The 1913 Liberty Head nickel is one of only five known to exist. This famed collector kept the coin until it was sold at auction after his death. They were realized via private sales. But on his way to the coin show, his car crashed and burst into flames, killing him while the coin emerged unscathed. The chances of finding a new one is infinitesimally small. The Olsen specimen changed hands a number of times before it was famously featured on an episode of Hawaii Five-O. Great blogReally an eye opener for sure! There is not a very high likelihood you will ever come across a 1913 Liberty Head V nickel in the wild considering that there are five known to exist and they are all accounted for. Winston Zack, the author of Bad Metal: Copper and Nickel Circulating Contemporary Counterfeit United States Coins (2019), states that any other type is extremely difficult to locate. In his book, Zack values the common examples at between $30 and $50, and the rare varieties at $100. ELIASBERG SPECIMEN. QuickStrap Theme window.WPCOM_sharing_counts = {"https:\/\/www.centraljerseyrarecoins.com\/wpblog\/2013\/02\/07\/so-you-think-you-have-the-valuable-1913-nickel\/":1171}; var _wp_google_translate_widget = {"lang":"en_US","layout":"0"}; var sharing_js_options = {"lang":"en","counts":"1","is_stats_active":"1"}; _stq = window._stq || []; A humble 5-cent coin with a storied past is headed to auction and bidding is expected to top $2 million a century after it was mysteriously minted. The couple donated the coin in 1978 to the Smithsonian Institution in Washington, D.C. The American public liked the design and saved many coins from this Tyler is an avid numismatist and for over a decade has cultivated a deep interest in pre-modern and ancient coinage from around the world. Examples include a raised dot between the obverse GOD and WE as well below Jeffersons cheek and in the field above the left side of Monticello. The 1913 nickel value ranges from $7 for a well circulated coin to over $525 for the rare 1913-S Type 2 Buffalo nickel in "Uncirculated" condition. The American Numismatic Association is a nonprofit educational organization dedicated to educating Could someone look at my scope pictures to tell definitely? That being said, examples of the common 1944 variety are currently being sold for $100 or more. Hi im just wondering if anyone here can tell me if this is a real 1913 nickle or if its a fake? In 2005, the Eliasberg specimen, graded PR66 by PCGS, was sold by Ed Lee, President of Lee Certified Coins, Ltd. of Merrimack, NH, to Legend Numismatics of Lincroft, New Jersey and Bruce Morelan of Washington state for $4.15 million. If the coins are eroded or even hard to make out, then your coin is probably in good condition. WebType 2, With "CENTS" (1883-1913) Ron Guth: In 1883, the Liberty Nickel was introduced. Just want to share this coin with On the night of July 30, 2003, Dannreuther was a member of the six-person authentication team that studied all five 1913 Liberty nickels. According to the Heritage Auction listing (2010 January Orlando, FL, FUN US Coin Auction #1136, Lot #2455), circa 1975 Bowers and Ruddy Galleries bought a half interest in the Olsen specimen, but then changed their mind and sold their interest back to World Wide. (To learn the difference between transfer-die counterfeits and other types, visit NGCcoin.com/Counterfeits). Save my name, email, and website in this browser for the next time I comment. Coins Rare Coins. Continental Coin Corporation is occasionally included in the pedigree of this coin after World Wide Coin Investments. Real vs. WebThe rarity-studded Walton estate collection was auctioned the next year by Stack's, but the 1913 nickel was not included as it was believed to be a fake. Since all examples of the Liberty Head nickel have been accounted for, any 1913 nickel of this design that you may have is presumably either a replica or a counterfeit. @MoneyGreenMike said: Therefore each coin had slightly weaker details on the reverse and, because of that, Dannreuther was able to figure out the order in which each coin was produced. I have an 1804 Silver Dollar. The Secret Service finally took serious notice when a teller at the Pennsauken National Bank in Pennsauken, New Jersey reported a few months later that he had $2.40 in suspected counterfeit nickels from Henning. All Rights Reserved. June 3, 2005. Is this image real or fake? The second The 1913 Liberty Head Nickel is one of the most valuable coins in the world. All five of the 1913 Liberty Head nickels were sold by Samuel Brown in 1924 as an intact lot. These are usually very crude, not of the standard coin composition and easily identified. The reason for this becomes clear after examining the edge, which numismatists sometimes call the third side of a coin. This new operation was disguised as the Childs Plastic Moulded Products Company. PCGS-Certified Walton 1913 Liberty Head Nickel Sells For $3.1 Million, PCGS.com. Others, however, interpret the sixth hole in the case as meaningless. Quick Links: Brian Schneider. V-Nickels dated pre-1897 can command significant premiums and many are worth $4 to $5 a piece. Even with considerable wear and tear, an 1885 V-Nickel may be worth nearly $400. Collectors.com | Now, no 1913 Liberty nickels were even known to have been struck The PR man arranged for the Bowers and Merena auction house to offer at least $1 million to either buy it or guarantee to consign it to one of their public auctions. and encouraging people to study and collect coins and related items. Fully in business by 1953, Henning rented a building in his hometown of Erial to house his DIY coin press. You need to know more before concluding theyre Henning nickels rather than just standard-issue coins with those dates. "This is one of the greatest coins at that price range," Jeff Garrett, one of two co-buyers, told UPI. The 1913 Liberty Head nickel is one of only five known to exist. Fake In June of 2004, the coin sold for US$3 million in a private treaty sale. It is most likely a transfer-die counterfeit, made using a die copied from another coin. The V-Nickel may be a great addition to any coin collection and may also be a great starting point for new collectors. The Buffalo nickels were the first official nickel strikings in the year 1913. WebIn 1996, numismatic history was made as Jay Parino paid over 1 million dollars for the Eliasberg specimen of the 1913 liberty nickel. To create this deception, two coins became one. This offer was not bona fide, being merely a come-on to promote sales of his Star Rare Coin Encyclopedia, which went through over 30 editions despite being of no numismatic value. Later, local New Jersey numismatist Harmen K. Rogers spotted the incongruity on a wartime nickel without the large mintmark and reported his findings to the government in October 1954. Artificial toning was applied to achieve a more uniform appearance. The heirs sold the coin at auction for US$3,172,500 in April of 2013. TheIndian Head (Buffalo) nickel, shown at top right,was introduced in February 1913, replacing theLiberty Headdesign. It turned out that I had found a counterfeit Henning nickel. "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 sold for $3.1 million at an auction Thursday, 1913 Liberty Head coin sold for $5 million in 2007, Flowing Hair dollar minted in 1794 sold for $7.85 million. Enter your email address and we will send you a link to reset your password. Heritage Auctions. By 1955, the authorities had arrested Henning. Even before labor, the production costs of his counterfeit nickels cost Henning between 3-3.5 cents per coin. If the stars have good texture with minimal wear and tear, then your coin may be graded fine. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Please try again later. Unable to subscribe to our eNewsletter. They couldnt believe Givens had kept it in a closet for 40 years, thinking the whole time it was a fake. It sold for US$100,000 in 1972 and for US$200,000 in 1978. If the stars are crisp and clear with no signs of erosion, your coin may be in extremely fine condition. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. and encouraging people to study and collect coins and related items. As a result, he claimed to have created 12 dies (six obverse and six reverse) of various dates. Johnson (4/22/1943); Government of Egypt (Sothebys, 2/1954), lot 1695; Eric P. Newman and B.G. On top of that loss, the government imposed a three-year prison term and a $5,000 fine on Henning. The last is a die struck counterfeit. Oct 19, 2020. It looks like you're new here. Myers and her brother, Ryan Givens, celebrated their new fortune with dinner and told the AP they plan to invest the money. _stq.push([ 'clickTrackerInit', '121927254', '1171' ]); However, one was recently seen on a submission to NGC. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. If there is any doubt, consider NGC-certified coins, which are guaranteed to be authentic. Fake 2. If you are uncertain whether the coin in your hand is the real deal, remember that NGC backs its determinations of authenticity and grade with the NGC Guarantee. Learn more>, Genuine 1883 Liberty Nickel (left) and a fake 1894 (right), Close-up of the date on the counterfeit 1894 Liberty Nickel. Fake Real is something which is genuine, such as a document or a feeling. Two dealers, B. G. Johnson and Eric P. Newman, purchased the coins. TheWalton specimen, whichhas been the subject of recent news stories,is scheduled for public auction on April 24, 2013. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. WebThe first would be an altered date, as noted above. As a Numismatist it hurts to hear about these things. By having your V-Nickel graded by a professional numismatist you may be able to get a much better idea as to what dealers and collectors might be willing to pay for your coin. How to Tell a Real 1804 Dollar from a Fake; I have an 1804 Silver Dollar. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. McDermott owned the coin for many decades until it was auctioned off after his death. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. But it's the coin's back story that adds to its cachet: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades then declared the real deal. The 1913 Liberty nickel was given the top position in the third edition of Jeff Garrett and Ron Guths book 100 Greatest U.S. WebThe 1913 Liberty head five-cent piece, or nickel, falls into this category. At any rate, a total of five specimens were taken from the Mint and kept by Brown. In the world of coin collecting today, one of the most sought after of rare coins is the 1913 Liberty Head Nickel. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. By the 1930s, Henning began his counterfeiting career by printing fake $5 bills, which at the time had almost the same purchasing power as modern $100 bills. How much is it worth? Like other coin types, V-Nickel values can vary significantly based on condition and date. The ANA serves the academic The Buffalo nickel, a uniquely American coin designed by James Earle Fraser, debuted in 1913. Thanks for these examples.. People will always try to cheat.. Great examples, thanks. Part of HuffPost Business. community, collectors and the general public with an interest in numismatics. One type also has a raised area directly in front of Jeffersons collar. http://coins.ha.com/itm/proof-liberty-nickels/1913-5c-liberty-pr64-ngc/a/1136-2455.s. A true nickel should weigh 5g, and this example comes in at a mere 4.44g. - YouTube A mysterious email we got may tell the tale?