rare 1913 liberty head nickel

The most rare, grades, dates and varieties for Liberty Nickel coins. It was just sold for $3.7 million dollars at public auction. Buy & Sell. These classified ads ran first with an address to “Numismatic Bank” and later “The Rare Coin Company of Texas.”. In the Dec. 6, 1920, Chicago Daily News, a reader, “MRS. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. or Best Offer. ... 1912 S Liberty V Nickel Rare Date 5 Cent. The Encyclopedia was in its 32nd edition by 1929. The small-town dealer: This one is a bit hard to believe, if not inconceivable. He wasn’t at the CCC’s Dec. 3, 1919, meeting where he would have seen Brown’s coin. Bob, this extra $200 ought to see you through this year!”. 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. One might suggest Christmas Eve, when security would perhaps been a little lax in line with the general tenor of the season. The obverse features Barber’s Liberty design surrounded by 13 stars, representing the 13 states of the Union. The following news item ran in the Aug. 25, 1920, issue of The Englewood Economist, Chicago, the day after the ANA’s annual banquet at the Hotel Sherman. ... 1912 S Liberty V Nickel Rare Date 5 Cent. 1913 Liberty Head nickel has star appeal. Looking through some coins to contribute to the cause, they find an old cent, and she knows what to do. In due course, after several fruitless meetings and attempts to mollify the private company, the Treasury Secretary held one last meeting on Feb. 15; nothing of substance was accomplished then, either, so MacVeagh simply ordered that coinage begin with the latest models and within a few days the first Buffalo nickels were delivered. 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. 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. 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. 1.) • So “wild and all-consuming” was the mania that the Times-Picayune related that a friend of theirs would take $10 bills to banks and exchange the notes for coins in the hope of finding a 1913 Liberty Head nickel. It included such ultra rarities as the aforementioned Class I 1804 Draped Bust silver dollar, the Dexter specimen; the 1822 Capped Bust half eagle; the 1802 Draped Bust half dime; and the 1823 Capped Bust quarter dollar. 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. I doubt if any of these are still at large.” (June 21, 1929, Salt Lake Telegram, Salt Lake City, Utah. was proposing to pay $25 for a 1913 Liberty Head nickel. 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. In the 1920s and early 1930s, one man and one coin were key factors that brought new life to old hobby. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. That coin was the 1913 Liberty Head The Denver Mint struck its first nickels on Feb. 5 and by year?s end the coining room had delivered a respectable eight million pieces, a large enough number that even today collectors have little trouble in finding a decent specimen at reasonable cost. His advertisements in The American Weekly, a Sunday news supplement, were apparently notable in that regard and judged so much of a success by that publication that it took out a full-page ad centered on Mehl in the March 4, 1934, Detroit Evening News. Today, these nickels are worth millions of dollars whenever one of them comes to auction. 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. The second advertisement did raise, one supposes, a few eyebrows but again it was barely a ripple in the American numismatic river. 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. 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. 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. The same mention was printed in another Chicago paper, the Aug. 31, 1920, Suburbanite Economist. 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. There were a series of changes, as MacVeagh and others critiqued the artwork. Today, these nickels are worth millions of dollars whenever one of them comes to auction. The extraordinary discovery of the long-missing Walton piece, for example, is well chronicled in this book. No buffaloes wanted. In the meantime, steps were underway to end the coinage of Liberty Head nickels and replace this design with the innovative Indian Head (Buffalo) nickel. So what of the 1913 Liberty Head nickels after the ANA convention in 1920? Printed in the “Want Ads” of the Jan. 24 issue of The Sun, Pittsburg, Kan., was: “WATCH YOUR CHANGE – I will pay $5.00 to $20.00 for a 1913 Liberty head U.S. nickel. In it, Bob is thinking of quitting college because he is broke, but Judy saves the day. Regular production for the Liberty Nickel ended in 1912. The two men needed to act promptly because of the normal die destruction scheduled for just after New Years Day. 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. The U.S. officially stopped making Liberty Head nickels in 1912, but one rebellious worker at the U.S. Mint made five more in 1913 to create collectors’ items and sold them for $500 each. In a recent auction someone bought this coin for over 3 million dollars. His two-page ad for the H.O. $24.25. 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. Even a vending machine company got into the act and demanded alterations so that the new coins would work properly in their devices. $5.00 shipping. 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. By 1922, he was announcing, through small classified ads, that he was willing to pay $50 for this coin. Today, this coin ranks among the most legendary of all in American numismatics. Those who had 1913-dated Indian Head nickels inundated editors and columnists with questions on how to cash in. George O. Walton, for whom the specimen is named, purchased it from Newman and Johnson in 1945 for approximately US$3,750, equal to $45,765 today. Most Valuable Liberty Head Five Cents 1883-1913. 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. In the world of coin collecting today, one of the most sought after of rare coins is the 1913 Liberty Head Nickel.. With only five that are known to have been struck, this incredibly rare coin became the first to ever be sold for $100,000 in the early 1970's - quite a feat considering that it was worth a mere five cents when it was first minted. The latter disposed of the individual coins to several people, including famed numismatist Eric P. Newman. The one piece which caught the public fancy was, of course, the 1913 nickel, for which Mehl offered to pay $50. Planchets on hand for the nickel proof coinage in 1912 would have been of the old style. The famed collector: The more significant of these two items involve William F. Dunham, and apparently led to the flooding of newspaper question-and-answer columns with queries from those who owned 1913 Indian Head nickels and thought they had struck it rich. He never actually purchased a single genuine 1913 Liberty Head nickel through this offer, but did make considerable money selling his books. 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.”. 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. As for Mehl, he featured one in his 1944 sale of the Fred E. Olsen collection. That coin was the 1913 Liberty Head (?V?) In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. The boyfriend and girlfriend surfaced again, in the March 24, 1935, issue of the Times-Picayune, New Orleans, La. Those who are interested in reading of the fabled 1913 nickel in greater detail, especially the later owners, should read Million Dollar Nickels by Paul Montgomery, Mark Borckardt and Ray Knight (Bowers & Merena, 2005). To stir the pot a little, Brown upped the ante to $600 in the January 1920 issue, but it is likely that this notice was placed shortly after the original advertisement appeared. 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. During that period, his ads could be found in the comics sections of newspapers. We have a great online selection at the lowest prices with Fast & Free shipping on many items! The appraisers at Heritage Auctions, where a 1913 Liberty Head nickel is set to be auctioned in April, certainly think so. C $94.28. The nature of this clandestine coinage does not lead to records being kept so we are in the dark, and probably will remain so, for the exact day that the operation was successfully carried out. 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. Starting with his first mail-bid sale in 1906, he was soon selling named collections such as, in no particular order, Granberg, Newcomer, Sears, Ten Eyck, Grinnell, Olsen, and Dunham. MRS. L. wrote, “I read some time ago that there is a reward for a 1913 nickel without the buffalo. It was eventually purchased in 1926 by the eccentric - and very wealthy ? Colonel E.H.R. He had promised the show's promoters that he would exhibit the 1913 Liberty Head nickel there, so it was assumed to ha… It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. 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. Since his first back cover on Jan. 11, 1931, he used the same space for the fourth consecutive year on Jan. 7, 1934, with one of his advertisements holding “a world’s record for coupon returns with money enclosed, having produced more than 190,000 bona fide replies.” These full-page ads in The American Weekly weren’t cheap. 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. Treasury Secretary Franklin MacVeagh made this decision in the spring of 1911 although it would take nearly two years to come to fruition. It was standard practice at the Philadelphia Mint to prepare coinage dies well in advance of the new year so that they could be sent to the other mints in plenty of time. In 1926, Peter Schoblocker and Valentine Heigel of Jacksonport, Wis., proffered the same in their classified ad: “TAKING IN TRADE – 1913 nickel liberty head (not buffalo) or 1894 dime. In a June 1929 issue, she advised a young woman, “Just Me,” about how to deal with “Just Me’s” jealous boyfriend. 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. He paid for the same insertion the following week, in the Jan. 29, 1920, issue, but included the admonition, “Buffalo heads not wanted.” He must have believed there were plenty of the 1913 Liberty Heads to be found, even in a small town, as Arma was really small. He may have first learned of the rarity through Brown’s ads, in Philadelphia in 1919, or at the 1920 convention in Chicago. 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. The 1913 Liberty Head nickel is one of only five known to exist. So here is where two little-known but intriguing items impact this story of the 1913 Liberty Head nickel. Philadelphia Mint Superintendent A. Loudon Snowden had asked Chief Engraver Charles Barber to create something new and different for our coinage. 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. 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. 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. Like other coin types, V-Nickel values can … 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 that direction. 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 shipping on many items ... 1913-D Type 1 Indian Head Buffalo Nickel ~ GEM BU Uncirculated ~ A-SKU-2005. If you remember the television series Hawaii Five-O, there was a rare 1913 U.S. Liberty Head nickel featured in a 1973 episode that is now worth a lot more than five cents. Thus, the McDermott coin attracted many admirers and offers. In 1908, Mehl began publishing his well-received journal, Mehl’s Numismatic Monthly. While those hoping to buy 1913 Liberty Head nickels dropped the $600 value. In the Jan. 27, 1935, issue of The Plain Dealer, Cleveland, Ohio, a Mehl cartoon ad employed Bob and Judy as the main characters. For some reason, perhaps a temporary glut of such coins in area marketplaces, Denver did not order any dies for a 1913 nickel coinage in the fall of 1912 but San Francisco did. The 1913 Liberty Head nickel is one of only five known to exist. The top most expensive and valuable US Liberty Nickels. Van Pelt, of Gaylesville, Ala., wanted to pay $25 for a “1913 nickel (no buffalo, liberty head)…” He was also willing to cough up $25 for an 1894-S dime, $500 for an 1804 silver dollar, $25 for an 1870-S or 1873-S silver dollar, and $600 for an 1822 $5 gold piece. It is thought likely that Brown had a confederate because he was an employee of the storekeeping department, not the engraving department and presumably had no access to dies or planchets; it also seems likely that no more than two persons were involved as secrets are much easier to keep that way. In point of fact, from 1926 until his death in June 1936, Colonel E.H.R. 1913 Liberty Head Nickel featured on TV. According to Wikipedia, there were just over 2,000 residents in 1920. Field wrote, “And first that ‘1913 nickel’…,” detailing that none of the Indian Head nickels “in ordinary conditions” commanded a premium. Only five had been made and the Texas dealer knew perfectly well that all were accounted for in the collecting world. or Best Offer. C $516.72. One of them was said to have cost Mehl $17,500 for its insertion. That coin was the 1913 Liberty Head (. Usually, he added “may mean much profit for you” and always offered, at minimum, his coin circular with its “special offers” for four cents. Prior to 1913 five-cent proofs always had highly polished surfaces and frosted vignettes, very similar to the proof coins of the current time. Madden reached out to the Brooklyn Eagle, in 1929, advising reader R.C.B. BIBLIOGRAPHY: Bowers, Q. David, "Brown key figure in '13 nickel's lore", Coin World, January 19, 1977. Mehl boasted, “I plead guilty to being responsible for making this coin so famous, having used it in all of my national advertising for a period of about a quarter of a century…” The cost of the promotions, according to Mehl, was in excess of $1 million. 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.). Presented as lot No. One of them, Brown’s January 1920 ad, where he upped the ante from $500 to $600, ran concurrently with most of Kelso’s ads. Some planchets may well have been kept in the coining room vault for back-up purposes. C $94.28. 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. A fair number of ordinary people wrote to the Bureau of the Mint asking for details of this particular coin. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. This quest became … That coin was the 1913 Liberty Head (. 1913 Liberty Nickel on Mysteries at the Museum. A rare nickel -- a 1913 Liberty Head -- has sold for $4.5 million at a Philadelphia auction. 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. He received little notice for this because in those days, collectors sometimes looked for coins that had never existed, much like mid-19th century attempts to find an 1815 cent or 1804 half dollar. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. (May 16, 1926, The Brooklyn Eagle, Brooklyn, N.Y.), • E.A. I was offered that for mine today,’ said W.F. George O. Walton, for whom the specimen is named, purchased it from Newman and Johnson in 1945 for approximately US$3,750, equal to $53,256 today. The George Walton specimen of the 1913 Liberty Head nickel sold April 25, 2013 at auction in Schaumburg, Ill., for $3,172,500. $5.00 shipping. 1996 notes by Q. David Bowers: FAME: Of all American coin rarities, the 1913 Liberty Head nickel is probably the most famous. The Walton specimen is the most elusive of the five 1913 Liberty Head nickels; for over 40 years, its whereabouts were unknown and it was believed to have been lost. Today, this coin ranks among the most legendary of all in American numismatics. Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. Jeff Garrett from Mid-American Rare Coin Galleries, Lexington, Ky., placed the winning floor bid during Heritage Auction’s Platinum Night session held in conjunction with the 74th anniversary convention of the Central States Numismatic Society. 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. In its place were much more modest purchase offers, ranging from small amounts of cash to rabbits to knitting machines. 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