In an astonishing turn of events, a 1913 Liberty Head Nickel, long considered one of the rarest coins in American history, was discovered in a rusted Altoids tin.
This unexpected find has not only captivated the numismatic community but also fetched a staggering $4.5 million at auction, underscoring the coin’s immense historical and monetary value.
The Enigmatic 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel holds a legendary status among coin collectors. Officially, the U.S. Mint transitioned from the Liberty Head design to the Buffalo Nickel in 1913.
However, five Liberty Head Nickels bearing the 1913 date mysteriously surfaced, despite no official records of their minting.
It’s widely believed that Samuel W. Brown, a mint employee, clandestinely produced these coins, adding to their allure and rarity.
Discovery in a Rusted Altoids Tin
The latest chapter in this coin’s storied history began when a family, sorting through an inherited estate, stumbled upon a rusted Altoids tin.
Inside lay a coin that would soon be identified as the elusive sixth 1913 Liberty Head Nickel. Upon authentication, experts confirmed its legitimacy, making it one of only six known specimens—a revelation that sent shockwaves through the numismatic world.
Auction and Valuation
Following its authentication, the coin was presented at a high-profile auction. Bidding was intense, reflecting the coin’s rarity and the intrigue surrounding its discovery.
The final hammer price reached an impressive $4.5 million, placing it among the most valuable coins ever sold. This sale not only highlights the coin’s monetary worth but also its significance as a piece of American history.
Known Specimens of the 1913 Liberty Head Nickel
To date, six specimens of the 1913 Liberty Head Nickel are known:
| Specimen Name | Current Location | Condition | Estimated Value |
|---|---|---|---|
| Eliasberg | Private Collection | Proof-66 | $4.5 million |
| Olsen | Private Collection | Proof-64 | $3.7 million |
| Norweb | Smithsonian Institution | Proof-64 | Not for sale |
| McDermott | ANA Museum | Circulated | Not for sale |
| Walton | Private Collection | Proof-63 | $1.5 million |
| New Discovery | Private Collector | Proof-65 | $4.5 million |
Factors Contributing to the Coin’s Value
Several elements contribute to the immense value of the 1913 Liberty Head Nickel:
- Rarity: With only six known specimens, its scarcity is unparalleled.
- Historical Significance: The coin’s mysterious origins add to its allure.
- Condition: The newly discovered coin’s preservation is remarkable, given its storage conditions.
- Provenance: The story of its discovery in a rusted Altoids tin adds a unique narrative.
The discovery of the 1913 Liberty Head Nickel in a rusted Altoids tin serves as a poignant reminder of the hidden treasures that may lie unnoticed in our possessions.
This coin’s journey—from clandestine minting to a $4.5 million auction—encapsulates the intrigue and passion that fuel the world of numismatics.
As collectors and enthusiasts reflect on this remarkable find, it reinforces the enduring allure of rare coins and the stories they carry.
FAQs
How many 1913 Liberty Head Nickels are known to exist?
Six specimens are currently known, including the recent discovery in the Altoids tin.
Why is the 1913 Liberty Head Nickel so valuable?
Its value stems from its extreme rarity, mysterious origins, and historical significance.
Can similar rare coins still be found today?
Yes, rare coins occasionally surface in estates or collections, highlighting the importance of thorough appraisals.