$24.25. William F. Dunham was not known to have owned a 1913 Liberty Head nickel, yet two newspapers quoted him as saying he was offered $600 for his example of the rarity. 22 bids. At the time of the 2017 article, I was unaware of a very curious reference to Dunham, the 1913 Liberty Head nickel, and the 1920 convention that can be found in two contemporary newspapers. He had promised the show's promoters that he would exhibit the 1913 Liberty Head nickel there, so it was assumed to ha… C $19.99 shipping. ORLANDO, Fla.--(BUSINESS WIRE)--The world's most famous rare coin, the Walton 1913 Liberty Head nickel that was recovered from a car crash and has an estimated value today of … The nickel had to wait until 1912 to find itself being issued by a mint other than Philadelphia. (May 27, 1923, Augusta Chronicle, Augusta, Fla.), • Need a rabbit? His collection was rightly deemed one of the finest. No Liberty nickels were made of that date officially, but some years later collectors were stunned to learn that five 1913 examples had surfaced—all of them apparently made on the sly by someone at the Philadelphia Mint. That coin was the 1913 Liberty Head (. The first involves a small-town dealer and the second a famed collector. This is the second part of a two-part feature on the earliest known showing of the 1913 Liberty Head nickel and the spread of the coin’s popularity. Watch your change[.]. 1883 and 1913 Liberty Head nickels are the most valuable in this series, and most of which were struck in Philadelphia, so you will see a P on the reverse, indicating where the coin was minted. Buy & Sell. The request was honored immediately and the San Francisco dies were delivered to the Philadelphia engraving department, for eventual defacement, on Dec. 23, 1912. With evidence that the mini-Depression of 2009 is behind us, collectors will have the rare opportunity to ring in the New Year at the Florida United Numismatists convention with the Heritage auction featuring one of the five known examples of the 1913 Liberty Head nickel. The same mention was printed in another Chicago paper, the Aug. 31, 1920, Suburbanite Economist. His Star Rare Coin Encyclopedia went through numerous editions, especially during the Great Depression. Field wrote, “And first that ‘1913 nickel’…,” detailing that none of the Indian Head nickels “in ordinary conditions” commanded a premium. By 1906 demand for cents and nickels had grown to the point that Congress was asked to allow the other mints to strike these minor coins. A rare nickel -- a 1913 Liberty Head -- has sold for $4.5 million at a Philadelphia auction. These classified ads ran first with an address to “Numismatic Bank” and later “The Rare Coin Company of Texas.”. In December 1919, however, Samuel W. Brown, by now a former employee of the Philadelphia Mint, placed an advertisement in The Numismatist offering to purchase one or more of the 1913 Liberty Head nickels for $500 each. In 1913, the U.S. abandoned the Liberty Head nickel design when it began rolling out the Buffalo Nickel. On rare occasions, when a 1913 Liberty Nickel changes ownership, the coin commands millions of dollars. In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. nickel and the man was Texas coin dealer B. Max Mehl. The Roberts letter was received at the Philadelphia Mint on December 15 and from that time on it would have been common knowledge among the officers, and probably workmen as well, that Liberty Head nickel coinage would end on Dec. 31. How about a brand new knitting machine? Describing Mehl as one of its most successful longtime advertisers, the ad related that Mehl began advertising in The American Weekly in 1927, with “twenty-eight line copy.” The investment, it said, proved profitable, which Mehl could tell because he required readers to write to him. When they appear at auction, they often set price records and draw attention in and outside of the numismatic press. In 1913 an unscrupulous mint employee produced five Liberty Head nickels dated 1913. Liberty Head Five Cents (1883-1913) Introduced early in 1883, this type was a great improvement over its predecessor, both technically and aesthetically. William F. Dunham was not known to have owned a 1913 Liberty Head nickel, yet two newspapers quoted him as saying he was offered $600 for his example of the rarity. Regular production for the Liberty Nickel ended in 1912. Free shipping on many items ... 1913-D Type 1 Indian Head Buffalo Nickel ~ GEM BU Uncirculated ~ A-SKU-2005. Soon, everyone was rooting through their change – most thinking they had discovered a rarity with each 1913 Indian Head nickel culled from pockets, purses or old-coin stashes. Dept. It is unknown if San Francisco had yet hardened the nickel dies but if so it is likely that they were defaced in some way before being returned to Philadelphia. (Reproduced from Mehl’s Numismatic Monthly, September 1909.). Through 1920, numismatic activity was little, if any, better, but in the 1920s and early 1930s one man and one coin, were key factors that brought new life to old hobby. Regular production for the Liberty Nickel ended in 1912. Clarence Musser, of Mount Joy, Pa., was tendering a pair of Flemish Giant rabbits, or a $5 bill, for “a 1913 nickel, old type, not buffalo type, in good condition.” (Swap ads, June 15, 1923, The News-Journal, Lancaster, Pa.), • In 1924, columnist James B. $24.25. With an exciting start, a new design change began in 1913 introducing the Buffalo nickel. The teenager placed the following in his local weekly newspaper, the Arma Record, on Jan. 22, 1920: “I WILL PAY $5 to $25 for a 1913 Liberty Head U S Nickle [sic]; Thousands in circulation. Madden reached out to the Brooklyn Eagle, in 1929, advising reader R.C.B. Type: Liberty Head V Nickel Year: 1913 Mint Mark: No mint mark Face Value: 0.05 USD Total Produced: 0 [ Silver Content: 0% Numismatic Value: $3428950 to $4408650.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3428950, while one in certified mint state (MS+) condition could bring as much as $4,408,650 at … During that period, his ads could be found in the comics sections of newspapers. First and foremost, the 1913 Liberty Head nickel was in the limelight. The finest of five known 1913 Liberty Head nickels will be put on the auction block Jan. 2, 2007, by Stack. The Eliasberg 1913 Liberty Head nickel, one of only five ever produced. In the Dec. 6, 1920, Chicago Daily News, a reader, “MRS. After 1901, the authority to strike proof coins rested with the chief engraver although such pieces were normally sold through the medal department, a division directly under the superintendent. Largely through his own promotion, Mehl was known as the person to contact if you had coin queries. The coins first came to the attention of the collector community in 1920 when a former U.S. Mint employee named Samuel Brown attended the American Numismatic Association's annual convention and displayed all five copies there. The 1913 Liberty Head Nickel Although with five known copies, the 1913 Liberty Head "V" nickel is not the most rare coin, it is perhaps the favorite coin amongst collectors and certainly one of the most famous of the world's extremely rare coins. In it, Bob is thinking of quitting college because he is broke, but Judy saves the day. $99.95. The complete provenance for this PCGS PR63 example is listed in the PCGS Condition Census. In its place were much more modest purchase offers, ranging from small amounts of cash to rabbits to knitting machines. The top most expensive and valuable US Liberty Nickels. 1913 Liberty nickel ($3.7 million) — Just 5 Liberty Head nickels were made with the 1913 date, and they are all highly valuable now. The featured Dr. William Morton-Smith 1913 Liberty Head nickel is the finest graded of the five examples, having been certified MS-66 by PCGS, and also bearing a CAC sticker of approval. After the convention ended little was heard of the new coins for several years but in 1924 dealer August Wagner, acting on commission, offered the entire set of coins for sale. The story of the 1913 Liberty Head nickel begins with a mystery — no one is sure how or why the five known pieces were produced. All he had to do was buy their Ace Coin Guide for $1, which he could get back after $10 of purchases. That is an interesting price for a coin that seems to defy the odds at every turn. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. It remained in his collection until 1996, when it sold for $1,485,000. The reply from Director Roberts was short and to the point: the new Fraser design would be used exclusively in 1913 and no Liberty Head nickel coinage would be permitted. Landis also asked if there were to be any Liberty Head nickels coined in 1913. With a tremendous advertising budget, in the 1930s Mehl moved to larger newspaper display ads. Arma, Kas.”. Most probably it came from fellow CCC members who were at the meeting where Brown joined the CCC and exhibited his nickel. The modified ad then ran in the Jan. 31 through Feb. 8 issues (there was no Feb. 2 issue). This 1913 Century Liberty Head Nickel also has a gigantic price tag. A feature article about Mehl, “A Texas Master of Coins,” by Peter J. Molyneaux, in the March 1929 issue of The Numismatist, made that point. Get the best deal for US Liberty Nickels (1883-1913) ... 1893 PROOF LIBERTY HEAD NICKEL PCGS PR-65CAMEO A TRUE JEWEL BLACK & WHITE. After it became known within the Mint that the 1913 Liberty Head nickels would not be struck for either the general public or collectors, someone in the institution came up with the idea of correcting this ?oversight.? The copper-nickel alloy was a difficult one to use and no doubt there were always extra planchets on hand as the failure rate may have been relatively high at times. Though not the first to proclaim the 1913 Liberty Head nickel’s rarity, he was undoubtedly the … A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million. By contrast, Brown, who said he was willing to pay $600 for proof 1913 Liberty Head nickels, was at the convention “for a short time” on Monday, the day before the banquet. Though not the first to proclaim the 1913 Liberty Head nickel’s rarity, he was undoubtedly the one who spent the most advertising dollars in … Not all were for the 1913 Liberty Head nickel, but most were. The appraisers at Heritage Auctions, where a 1913 Liberty Head nickel is set to be auctioned in April, certainly think so. That is an interesting price for a coin that seems to defy the odds at every turn. Granberg collection (1913) was touted by The Numismatist as being the first such spread in the journal’s history. The reverse depicts the Roman numeral V encircled by a wreath. “To the collector of today, this coin is better known and of greater fame than our 1804 Silver Dollar,” he wrote in the lot description on p. 84. Stack's Bowers Galleries sold the Eliasberg 1913 Liberty Head nickel Wednesday night during the American Numismatic Association's World's Fair of Money at the Philadelphia Convention Center. As die destruction was invariably scheduled for the first week of January, no one apparently thought to provide any special precautions for the safety of the proof dies. Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. The 1913 Liberty Head nickel is one of only five known to exist. The first part explored the display of the nickel by former Mint employee Samuel W. Brown at a Chicago Coin Club meeting in early December 1919, prior to his first advertisements offering to buy examples of the coin for $500, and then $600, appeared in print. In 1913 the Liberty Head design gave way to the Indian Head/Buffalo type. A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million. C $31.40 shipping. Though, how he got to “thousands in circulation” off of Brown’s ads, which made no mention of mintage, is hard to fathom. The 1913 Liberty Head nickel is one of only five known to exist. The 1913 Liberty Head nickels are some of the most valuable and rarest US coins in existence with each one worth many millions of dollars. Whatever day was involved, the coins would have been removed from the Mint with all due haste as it would have been folly to have such pieces discovered in someone?s possession. On March 9, 1962, Walton died in a car crashen route to a coin show. 1.) ... 1912 S Liberty V Nickel Rare Date 5 Cent. Because of the information he provided, the mania will “cease today when it becomes known that the search is practically useless.” (Nov. 3, 1931, Boston Globe, Boston.). Most Valuable Liberty Head Five Cents 1883-1913. In 1912, proof coins were struck only on a special hydraulic press, which was also used for medals. After that time, the coins began their interesting journeys through various collections and auctions. BIBLIOGRAPHY: Bowers, Q. David, "Brown key figure in '13 nickel's lore", Coin World, January 19, 1977. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. Will you kindly inform me through your column if this is a fact and where I can send it to obtain the premium?”, Holmes replied that it was not a nickel that was worth a premium but a dime. But it's all the more prized because of its unusual back story: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades and then declared the real deal. As late as early December 1912, these officials believed that the new Fraser design would not be introduced in 1913 and that the old Liberty Head dies would be used in the coming year. Coin Value Price Chart for Liberty Nickels 5C. Among other delectable U.S. coinage rarities, he owned the Class I 1804 Draped Bust silver dollar on display at the convention, where it was dubbed the “Chicago dollar.”. The obverse features Barber’s Liberty design surrounded by 13 stars, representing the 13 states of the Union. A rare nickel -- a 1913 Liberty Head -- has sold for $4.5 million at a Philadelphia auction. How much Liberty Nickels are worth. “Warren– That’s the only one, then, that will buy a decent cigar.”. (Sept. 15, 1929, Brooklyn Eagle, Brooklyn, N.Y.), • Betty Blair, who penned the “Come to Heart’s Haven” column for Utah’s Salt Lake Telegram, often responded to questions concerning 1913 nickels. Obtaining a small number of planchets, both proof and uncirculated, the dies were placed in the hydraulic press and used to strike several specimens. Mehl was born in Lodz, Russia, in 1884, moving to the United States with his family in 1895. Very soon after receiving the letter from the director, Landis sent a message to his San Francisco counterpart, asking him to return the 10 sets of 1913 nickel dies that had been sent out in late November. Strange Inheritance: The Walton 1913 Nickel Story. Numismatic Bank. Although Fraser worked on his models for the new nickel throughout 1912, for some unknown reason Philadelphia Mint officials were not kept informed of his progress. In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. If you think millions of dollars for a nickel sounds a bit steep, consider this: The coin is reportedly one of only five in existence in the entire world. Brown is not listed among those at the dinner and may well have left for home on Aug. 23. Ten cents and a stamp would get its latest catalog. Stack's Bowers Galleries sold the Eliasberg 1913 Liberty Head nickel Wednesday night during the American Numismatic Association's World's Fair of Money at the Philadelphia Convention Center. Free ... 40 Coins - Rare Nickel Roll! The Eliasberg Specimen of the 1913 Liberty Head Nickel has been graded Proof-66 by both PCGS and NGC. The finest known example of the group of five known 1913 Liberty Head nickels, the Eliasberg-Legend specimen, certified Proof-66 by Professional Coin Grading Service, will be on display Oct. 6-8 at the Whitman Coin and Collectibles Atlanta Expo. The obverse features a left-facing image of the goddess of Liberty. The same ad text is in the Jan. 25 (there was no Jan. 26, Monday issue) through Jan. 29 issues of The Sun as “Kelso.” From the Jan. 30 issue, the name was changed for some reason to the incorrect “Kelson,” and “no Buffaloes wanted” was added. After consulting Mehl’s coin catalog, she excitedly tells Bob: “Max Mehl is the largest dealer and collector of old coins in the country[.] The Liberty Nickel, designed by Charles Barber followed the Shield nickels. His two-page ad for the H.O. “She refuses to play any slot machines or pin games which do not pay off in nickels.” When shopping, she would ask for nickels in change, and once “bribed a street car conductor to let her look through his day’s collection…” (Oct. 16, 1936, Times-Picayune, New Orleans, La. It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. A man named Samuel Brown worked at the mint in 1913 and also introduced all five coins at the American Numismatic Association in 1920. It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. Presented as lot No. Today, these nickels are worth millions of dollars whenever one of them comes to auction. The coining department actually prepared the proof planchets, but it seems likely that they were stored by the engraving department after that time. Price guides were one of his mainstays. The 1913 Liberty Head nickel is one of only five known to exist. In 1913 an unscrupulous mint employee produced five Liberty Head nickels dated 1913. In the Feb. 14 issue of the Oklahoma News, the handyman lamented, “I am deluged with queries concerning the famous 1913 liberty nickel, worth $50.” However, he didn’t really “fix” the problem, as he said the valuable one was not the common buffalo nickel but one that had an Indian head on one side and a “V” on the other. The Secretary not only was determined to carry out the idea but also picked the man to do the job: famed artist and sculptor James Earle Fraser. With evidence that the mini-Depression of 2009 is behind us, collectors will have the rare opportunity to ring in the New Year at the Florida United Numismatists convention with the Heritage auction featuring one of the five known examples of the 1913 Liberty Head nickel. He was a member of the group that toured the Philadelphia Mint in October 1919, and he is in the banquet photograph on p. 431 of the November 1919 issue of The Numismatist. An unnamed California collector has paid $5 million for the Eliasberg specimen 1913 Liberty Head nickel, a record price for the coin and the second highest price ever paid for any rare coin. $99.95. When Harry E. Kelso, of Arma, Kan., began advertising for the coins, in late January 1920, the ANA convention where Brown would leave his nickel on display was still seven months away; fewer than 20 people had viewed Samuel W. Brown’s nickel at the Dec. 3, 1919, Chicago Coin Club meeting (see Part I in the Sept. 29 issue); and just two of Brown’s now well-known “wanted” ads had made their way into The Numismatist. The impact was readily apparent in Chicago, where a flood of inquiries was already taxing newspaper columnists, such as Marion Holmes, less than four months after the ANA convention. It was eventually purchased in 1926 by the eccentric - and very wealthy ? These included his “profusely illustrated” Star Coin Book: An Encyclopedia of Rare American and Foreign Coins for 50 cents and his The Star Rare Coin Encyclopedia and Premium Catalog (the “Most Complete and Authentic Work of its Kind Published”) for $1. There were a few, he said, probably five, of the Liberty Head type that were valuable and would bring $50 to any price you might ask. Due to persistent rumors about the Fraser design, in early December Philadelphia Mint Superintendent John H. Landis sent a letter to his immediate superior, Mint Director George E. Roberts at the Bureau of the Mint in Washington, inquiring about the status of the new design and if, in fact, it would be used in 1913 as rumored. The king of the 1913 Liberty Head nickel $50 offer, and the one many others likely followed in quoting that value, was Fort Worth, Texas, dealer B. Max Mehl. Planchets on hand for the nickel proof coinage in 1912 would have been of the old style. Just about every week, somewhere in the United States, you could pick up a newspaper and glimpse one of Mehl’s offers. Free shipping ... 40 Coins - Rare Nickel Roll! In a recent auction someone bought this coin for over 3 million dollars. ), • Claiming there were six-known specimens of the 1913 Liberty Head nickel, coin dealer John F. LeBlanc was credited, in the Boston Globe, as the one who would likely put a stop to the “widespread ransacking of pocketbooks” looking for 1913 rarities. It noted, under the headline, “Watch for 1913 Nickels: Some Are Worth $600”: “‘A 1913 nickel without a buffalo’s head on it is worth $600. In “Exchange Chuckles,” a column that cobbled together diverse news items it found to be humorous, the Feb. 8, 1921, Buffalo Morning Express, Buffalo, N.Y., grabbed this from the New York Syracuse Post-Standard: “Salina – I see a 1913 nickel without the Buffalo head is worth $600. That coin was the 1913 Liberty Head In a June 1929 issue, she advised a young woman, “Just Me,” about how to deal with “Just Me’s” jealous boyfriend. The mint was informed in early December 1912 that there would be no liberty head nickels struck in 1913 and that they should do nothing about nickel production until the Indian head design was approved. That coin was the 1913 Liberty Head (In the 1920s and early 1930s, one man and one coin were key factors that brought new life to old hobby. 22 bids. 1551, the 1913 Liberty Head nickel (for which Mehl claimed Olsen had paid at least $900) brought $3,750 – far above the $50 price tag Mehl used to promote his business, but well below the $3.29 million the same coin was auctioned off for in 2014. Most often these were at the bottom of the comics page, but sometimes as part of the comics or made to look like cartoons. The two men needed to act promptly because of the normal die destruction scheduled for just after New Years Day. L,” was aware of the rare nickel, and Holmes complained of “continuous inquiries concerning that mystical and valuable nickel.” However, Holmes mistakenly replied that there was no such rare five-cent piece. After providing sage advice on how to handle the errant boyfriend, Blair notes, “The premium on the 1913 nickel is for the Liberty head nickel only. The 1913 Liberty nickel became the first United States coin to hit the $100,000 mark back in 1972, and it became the first $1 million coin in 1996. He never actually purchased a single genuine 1913 Liberty Head nickel through this offer, but did make considerable money selling his books. This civilized approach contrasts poorly with the attitude of the Bureau after 1944 when it sought out the 1933 double eagles and seized them from their rightful owners on the false grounds that they had been stolen. A fair number of ordinary people wrote to the Bureau of the Mint asking for details of this particular coin. The reason that Mehl did not buy any of the famous nickels for $50 was relatively simple. In the Jan. 27, 1935, issue of The Plain Dealer, Cleveland, Ohio, a Mehl cartoon ad employed Bob and Judy as the main characters. 1913 Liberty Head nickel has star appeal. In point of fact, from 1926 until his death in June 1936, Colonel E.H.R. The 1913 Liberty head nickel is so rare that years would elapse between offerings. These continued to spread into at least February of the next year (all quoting the $600 premium), hitting newspapers in the following cities and towns, as well as likely many others: Seward, Alaska; Bisbee, Ariz.; Dixon, Ill.; Rock Island, Ill.; Springfield, Ill.; Elkhart, Ind. In 1941, B. Max Mehl sold Dunham’s collection. From $25 to $600 was a big leap. Incredibly rare, Liberty Head nickels minted in 1913 are worth massive amounts of money. The George Walton specimen of the 1913 Liberty Head nickel sold April 25, 2013 at auction in Schaumburg, Ill., for $3,172,500. Bob, this extra $200 ought to see you through this year!”. In 1913 the Indian Head nickel (often referred to as a Buffalo nickel) replaced the Liberty and the United States Mint has no record of any Liberties being struck. (Aug. 5, 1927, The Coosa River News, Centre, Ala.), • By 1929, “Mr. In some ways the history of the 1913 Liberty Head nickel begins with the adoption of its design in 1883. It is said that all over America, streetcars slowed down and schedules were missed as conductors looked through incoming nickels hoping to find a prized 1913 Liberty Head! After having offered to buy 1913 Liberty Head nickels, Brown surprised everyone, or nearly so, by producing one of these coins for display at the 1920 American Numismatic Association convention, held at Chicago Aug. 23-26. The 1913 Liberty Head nickel is one of only five known to exist, 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 and then found to be the real deal. The proof nickel dies for 1913 were executed in early November 1912 and it is possible, though unlikely, that sample pieces were struck to test the dies. There the cartoon, “Coin Believe It or Nots By Ripley,” has images of a college student and his girlfriend, with the headline, “A Penny that helped a boy through college.” The 1913 Liberty Head nickel, 1894-S Barber dime and 1804 Draped silver dollar occupied separate panels with separate tempting captions about getting rich through old coins and B. Max Mehl. The April 15, 1923, Buffalo Courier, Buffalo, N.Y., for example, ran: “COINS – $50 paid for 1913 liberty nickels (not Buffalo); cash premiums paid for all rare coins; send 4c for circular; may mean your profit. This quest became … This was a total of 14 placements. I was offered that for mine today,’ said W.F. The king of the 1913 Liberty Head nickel $50 offer, and the one many others likely followed in quoting that value, was Fort Worth, Texas, dealer B. Max Mehl. On April 25, 2013, the long-lost, then rediscovered, 1913 Liberty Nickel once owned by George Walton sold at auction for $3,172,500 to Jeff Garrett of Lexington, KY and Larry Lee of Panama City, FL. • The 1913 Liberty Head nickel received an extra boost of popularity in 1931 when a United Press International story began circulating nationwide. With an address to “ Numismatic Bank ” and later “ the rare from... By E-Sylum reader Julia Casey and reported to E-Sylum editor Wayne Homren who... Old Shield nickel a few eyebrows but again it was usual practice in days... Hoping to buy 1913 Liberty Head nickel was created, followed by the owner-were mentioned in the Jan. 31 Feb.... Ran in the collecting world without the Buffalo nickel they often set price and. Record $ 5 million newspaper display ads April to have sold in a sale! Two have proof surfaces, and the second advertisement did raise, one man and one coin key! 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