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. While those hoping to buy 1913 Liberty Head nickels dropped the $600 value. that if he wrote to the Ace Coin Co. of Wheeling, W.Va., he could get $50 for his 1913 nickel. ; Long Island, Kan.; Topeka, Kan.; Wichita, Kan.; Detroit; Lansing, Mich.; Muskegon, Mich.; Port Huron, Mich.; Bismarck, N.D.; Buffalo, N.Y.; Antlers, Okla.; Muskogee, Okla.; Chambersburg, Pa.; Harrisburg, Pa.; Newcastle, Pa.; Wilkes-Barre, Pa.; Salt Lake City, Utah; La Crosse, Wis.; and Cheyenne, Wyo. The year 1913 was when the old Liberty head or “V” design was replaced by the new Buffalo design — no Liberty nickels with a 1913 date were supposed to be produced. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. A rare 1913 American nickel five-cent piece also known as The Liberty Head nickel, sometimes referred to as the V nickel due to its reverse design, Recently dubbed "The Mona Lisa of Rare Coins," was sold for more than $3.7 million (2.3 million pounds) in Heritage Auctions Platinum Night. Coins for sale for Liberty type Nickels items. Get the best deals for 1913 liberty head nickel at eBay.com. • In May 1923, Smith Coin Dept. 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. 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. In the Jan. 27, 1935, issue of The Plain Dealer, Cleveland, Ohio, a Mehl cartoon ad employed Bob and Judy as the main characters. The top most expensive and valuable US Liberty Nickels. In 1923, all five specimens were offered by August Wagner, who in the December 1923 issue of The Numismatist advised: The coins have since passed through the hands of many prominent dealers and collectors, with two of the five ensconced in museums. Obtaining a small number of planchets, both proof and uncirculated, the dies were placed in the hydraulic press and used to strike several specimens. • The 1913 Liberty Head nickel received an extra boost of popularity in 1931 when a United Press International story began circulating nationwide. The 1913 Liberty Head nickel was reported in April to have sold in a private sale for $5 million. 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. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. 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. 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. Strange Inheritance: The Walton 1913 Nickel Story. Free ... 40 Coins - Rare Nickel Roll! 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.). That coin was the 1913 Liberty Head (. 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. One might suggest Christmas Eve, when security would perhaps been a little lax in line with the general tenor of the season. Some of these cash enticements-always refused by the owner-were mentioned in the Scrapbook. The nickel had to wait until 1912 to find itself being issued by a mint other than Philadelphia. 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. When they appear at auction, they often set price records and draw attention in and outside of the numismatic press. In point of fact, from 1926 until his death in June 1936, Colonel E.H.R. Madden reached out to the Brooklyn Eagle, in 1929, advising reader R.C.B. 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.? In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. 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. The coin’s seemingly huge price tag was allegedly a bargain. That coin was the 1913 Liberty Head So the quote is puzzling. (Reproduced from Mehl’s Numismatic Monthly, September 1909.). The finest of the coins has been graded Proof-66 by various … 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. This was a total of 14 placements. The 1913 Liberty head nickel is so rare that years would elapse between offerings. So what of the 1913 Liberty Head nickels after the ANA convention in 1920? The 1913 Liberty Head nickel is one of only five known to exist. The appraisers at Heritage Auctions, where a 1913 Liberty Head nickel is set to be auctioned in April, certainly think so. Strange Inheritance: The Walton 1913 Nickel Story. nickel and the man was Texas coin dealer B. Max Mehl. Even a vending machine company got into the act and demanded alterations so that the new coins would work properly in their devices. San Francisco is another story entirely, with only 238,000 pieces struck during the last week of December 1912. Those who had 1913-dated Indian Head nickels inundated editors and columnists with questions on how to cash in. 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. 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. $5.00 shipping. Within a week after the Dunham references, news was being broadcast by newspapers throughout the nation, in big towns and in small, that a low-denomination coin – one that could, in theory, pass through anyone’s hands – was worth $600. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. Free shipping ... 40 Coins - Rare Nickel Roll! C $19.99 shipping. 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. 1996 notes by Q. David Bowers: FAME: Of all American coin rarities, the 1913 Liberty Head nickel is probably the most famous. The invariable answer: the Bureau was not interested and had no information to share. So no 1913 V nickels should ever have been struck. A man named Samuel Brown worked at the mint in 1913 and also introduced all five coins at the American Numismatic Association in 1920. First and foremost, the 1913 Liberty Head nickel was in the limelight. So here is where two little-known but intriguing items impact this story of the 1913 Liberty Head nickel. 1912-S MS66 $37,375. In 1913, the U.S. abandoned the Liberty Head nickel design when it began rolling out the Buffalo Nickel. His Star Rare Coin Encyclopedia went through numerous editions, especially during the Great Depression. 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. 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. After that time, the coins began their interesting journeys through various collections and auctions. C $31.40 shipping. “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. 2, Fort Worth, Texas.”. 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. Not all were for the 1913 Liberty Head nickel, but most were. 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. (It currently resides in PCGS capsule number 999999-001.) 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. Get the best deal for US Liberty Nickels (1883-1913) ... 1893 PROOF LIBERTY HEAD NICKEL PCGS PR-65CAMEO A TRUE JEWEL BLACK & WHITE. 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. Fixit” was getting frustrated with all of the questions concerning this coin. Earlier ads, which obviously served as a template for his 1913 Liberty Head nickel ad (just insert a different rarity), included: $25 for an 1804 Draped Bust dime (Nov. 9, 1913, The Cincinnati Enquirer, Cincinnati); $50 for an 1853 Seated Liberty half dollar, no arrows (March 8, 1915, Nevada State Journal, Reno, Nev.); $100 for an 1894-S Barber dime (same issue as previous); $50 for an 1870-S Seated Liberty dollar (April 18, 1915, The Oregonian, Portland, Ore.); and $100 for an 1885 Trade dollar (Oct. 8, 1916, The Missoulian, Missoula, Mont.). It was the usual practice for the Denver and San Francisco superintendents to order the necessary dies for the coming year well in advance of January 1. Hawaii 5-O episode with Olsen Specimen the star of the show. The modified ad then ran in the Jan. 31 through Feb. 8 issues (there was no Feb. 2 issue). 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. 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. It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. Harry Kelso. From $25 to $600 was a big leap. Price guides were one of his mainstays. Dept. It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. 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. 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. Regular production for the Liberty Nickel ended in 1912. The 1913 Liberty Head nickel was reported in April to have sold in a private sale for $5 million. Reproduced from Bunker’s Monthly – The Magazine of Texas, it observed that many with questions about coins had been referred to Mehl by such prominent organizations and government entities as “the Smithsonian Institution, the United States Treasury Department, the Federal Reserve Bank of Kansas City, the American Consular Service in Ceylon, the Public Library of Minneapolis, the Superintendent of the Mint at Philadelphia, the Bank of Italy at San Francisco, the Metropolitan Art Museum of New York City, or by dozens of other prominent and disinterested agencies.”. Legendary coin collector Louis Eliasberg bought his specimen in 1948. The obverse features Barber’s Liberty design surrounded by 13 stars, representing the 13 states of the Union. 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. It was eventually purchased in 1926 by the eccentric - and very wealthy ? 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 1913 Liberty Head nickel is one of only five known to exist. (Feb. 14, 1929, Oklahoma News, Oklahoma City, Okla.), • Mrs. H.E. Fraser worked on his design during 1912. In 1941, B. Max Mehl sold Dunham’s collection. 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. Most probably it came from fellow CCC members who were at the meeting where Brown joined the CCC and exhibited his nickel. The first involves a small-town dealer and the second a famed collector. The obverse features a left-facing image of the goddess of Liberty. 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. Most of the news blurbs were similar to the following quip from the Aug. 29, 1920, News-Democrat, Paducah, Ky., “A 1913 nickel without the buffalo’s head on it is worth $600; all the rest are worth about a cent and a half.”. Normally the first dies to be prepared were those for proof coins as this gave the engraving department the chance to make certain that all was well with the hubs and hubbing process for each denomination. Brown is not listed among those at the dinner and may well have left for home on Aug. 23. 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. As of Dec. 23, therefore, there were at least 11 pairs of 1913 Liberty Head nickels dies on hand, the 10 from San Francisco and the single set of proof dies. 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. Incredibly rare, Liberty Head nickels minted in 1913 are worth massive amounts of money. 2.) Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. Granberg collection (1913) was touted by The Numismatist as being the first such spread in the journal’s history. 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! Shortly after his Jan. 22, 1920, ad in the Arma Record, Kelso expanded his search to nearby Pittsburg, Pa., a town of around 18,000. BIBLIOGRAPHY: Bowers, Q. David, "Brown key figure in '13 nickel's lore", Coin World, January 19, 1977. In April of that year a law to this effect was passed although not put into use until 1908, when San Francisco began minting the Indian Head cent. 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. His two-page ad for the H.O. 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. Most Valuable Liberty Head Five Cents 1883-1913. C $19.99 shipping. Dunham, 724 Oakley Blvd., at the annual dinner of the American Numismatic Association in the Hotel Sherman last night.”. Buy & Sell. Field apparently had been receiving a lot of questions concerning the 1913 Liberty Head nickel. The design was well accepted by the public, being considered a distinct improvement over the old Shield nickel. • 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. The Eliasberg 1913 Liberty Head nickel, one of only five ever produced. Usually, he added “may mean much profit for you” and always offered, at minimum, his coin circular with its “special offers” for four cents. A rare nickel -- a 1913 Liberty Head -- has sold for $4.5 million at a Philadelphia auction. Coin Value Price Chart for Liberty Nickels 5C. 1913 Liberty Nickel on Mysteries at the Museum. 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 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. Landis also asked if there were to be any Liberty Head nickels coined in 1913. 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.