Posted by Imagine finding a coin in your collection worth up to $4.569 million—it might sound too good to be true, but for the lucky owners of the 1913 Liberty Head Nickel, it’s a reality.
This coin is one of the rarest and most valuable pieces of American numismatics, with only five known specimens still in existence.
If you’re a coin collector or just someone who enjoys exploring the hidden treasures in your old change jar, this article will guide you through how to identify this rare coin and what makes it so valuable.
Key Facts About the 1913 Liberty Head Nickel
| Coin Name | 1913 Liberty Head Nickel |
|---|---|
| Estimated Value | Up to $4.569 million |
| Number of Known Specimens | Only 5 known coins |
| Minting Year | 1913 |
| Unique Features | Unauthorized minting, Lady Liberty obverse, Roman numeral “V” reverse |
| Historical Significance | Represents a transition from Liberty Head to Buffalo Nickel |
| Notable Sale | Eliasberg specimen sold for $4.56 million in 2018 |
The Enigmatic 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is shrouded in mystery. Official records from the U.S. Mint show that no Liberty Head nickels were produced in 1913, as the Buffalo Nickel was introduced that year.
However, five Liberty Head nickels bearing the 1913 date mysteriously surfaced, fueling speculation and intrigue.
Origins and Mystery
It’s widely believed that the coins were struck by Samuel W. Brown, a Mint employee at the time. Brown allegedly struck these coins illegally and later offered them for sale, eventually showcasing them at the 1920 American Numismatic Association convention.
This clandestine origin, combined with the coins’ rare and unauthorized minting, has cemented its legendary status in numismatic circles.
Why Is the 1913 Liberty Head Nickel Worth So Much?
Several factors contribute to the astronomical value of the 1913 Liberty Head Nickel:
- Extreme Rarity: With only five specimens known to exist, this coin is one of the rarest in U.S. history. The scarcity alone drives its high demand and value.
- Unauthorized Minting: The coin was not officially approved by the U.S. Mint, which adds an element of mystery and allure for collectors.
- Historical Importance: The coin marks a transition in U.S. coin design, bridging two iconic eras in American currency: the Liberty Head and Buffalo Nickels.
- Collector Prestige: Owning one of these coins is considered a status symbol for elite collectors, comparable to owning a Picasso painting or a Stradivarius violin.
- Notable Auction Sales:
- In 2010, the Olsen specimen sold for $3.7 million.
- In 2013, the Walton specimen was sold for $3.1 million.
- The Eliasberg specimen set a record in 2018, selling for $4.569 million.
How to Identify the 1913 Liberty Head Nickel
Wondering if the coin in your collection might be the legendary 1913 Liberty Head Nickel? Here’s how you can check:
Obverse (Front)
- Look for Lady Liberty facing left, wearing a coronet marked with “LIBERTY”.
Reverse (Back)
- The reverse features a Roman numeral “V” for five cents, surrounded by a wreath.
Date
- The 1913 date is clearly printed on the coin.
Mint Mark
- There is no mint mark, as the coins were struck in Philadelphia.
Authentication and Appraisal
Given the high value of the 1913 Liberty Head Nickel, it is crucial to authenticate the coin before making any assumptions about its value. Here’s how to go about it:
- Do Not Clean It: Cleaning a rare coin can lower its value by thousands of dollars.
- Use Professional Grading Services:
- PCGS (Professional Coin Grading Service)
- NGC (Numismatic Guaranty Corporation)
- Consult Reputable Dealers: Reach out to coin experts or auction houses like Stack’s Bowers and Heritage Auctions for appraisal.
- Get a Second Opinion: If in doubt, consult multiple experts to verify the coin’s authenticity.
Other Rare Coins to Watch For
Even if you don’t have the 1913 Liberty Head Nickel, there are other coins that could be worth a small fortune. Here are a few to watch for:
- 1943 Copper Penny – Up to $250,000.
- 1955 Double Die Penny – Worth $1,000–$2,500.
- 2004 Wisconsin Extra Leaf Quarter – Valued around $1,500.
- 2005 Kansas “In God We Rust” Quarter – Up to $100 or more.
- 2007 Presidential Dollar Missing Edge Lettering – Up to $1,000.
The 1913 Liberty Head Nickel is one of the rarest and most valuable coins in U.S. history. With only five known specimens, it is highly coveted by collectors and can be worth as much as $4.569 million.
If you suspect that you may have one in your collection, take the time to carefully examine it for the unique features outlined in this article. Make sure to authenticate it through reputable grading services to confirm its value.
Whether you find a rare coin or not, the world of coin collecting is full of hidden treasures, and you might be sitting on a small fortune without even realizing it!
FAQs
How much is the 1913 Liberty Head Nickel worth?
The 1913 Liberty Head Nickel can be worth up to $4.569 million, depending on its condition and auction history.
How do I know if I have a 1913 Liberty Head Nickel?
Look for the Lady Liberty obverse, the Roman numeral “V” on the reverse, and the 1913 date. Authenticity must be verified by a professional.
Where can I get my coin authenticated?
Use trusted services like PCGS or NGC, or consult reputable coin dealers and auction houses for an appraisal.