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rare 1913 liberty head nickel

rare 1913 liberty head nickel

Some of these cash enticements-always refused by the owner-were mentioned in the Scrapbook. In its place were much more modest purchase offers, ranging from small amounts of cash to rabbits to knitting machines. 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.”. While I don’t know how it came about or what it truly means, it is clearly tied to what happened later – the explosion of interest in the 1913 Liberty Head nickel. The Eliasberg Specimen of the 1913 Liberty Nickel . $99.95. Green owned all of them. Only six.” (Oct. 29, 1937, The Light, San Antonio, Texas. So what of the 1913 Liberty Head nickels after the ANA convention in 1920? 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. “This is one of the greatest coins at that price range,” Jeff Garrett, one of two co-buyers, told UPI. In 1913 the Liberty Head design gave way to the Indian Head/Buffalo type. The second advertisement did raise, one supposes, a few eyebrows but again it was barely a ripple in the American numismatic river. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. Important to this story, no matter the origin or veracity of the two Dunham-related news pieces, is that their printing lit the fire. Under these conditions it appears that Dec. 16 is the first possible date that the 1913 "V" nickels would have been struck. 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. On Nov. 25 the Philadelphia engraving department mailed 10 pairs of dies to San Francisco for the projected 1913 coinage of nickels; they arrived toward the end of that month. He may have first learned of the rarity through Brown’s ads, in Philadelphia in 1919, or at the 1920 convention in Chicago. 1913 Liberty Nickel - Eliasberg 1913 Liberty Head Nickel Sold for Record $5 Million. The latter disposed of the individual coins to several people, including famed numismatist Eric P. Newman. Today, this coin ranks among the most legendary of all in American numismatics. 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. $24.25. That is an interesting price for a coin that seems to defy the odds at every turn. 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. In it, Bob is thinking of quitting college because he is broke, but Judy saves the day. Presented as lot No. 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. In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. In 1913 an unscrupulous mint employee produced five Liberty Head nickels dated 1913. 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. The Encyclopedia was in its 32nd edition by 1929. Despite her distress, “Just Me” found time to close her letter with a question as to the 1913 nickel’s worth. 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. 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). 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. I was offered that for mine today,’ said W.F. (Feb. 14, 1929, Oklahoma News, Oklahoma City, Okla.), • Mrs. H.E. “It is, of course, considered as one of our greatest rarities from every point of view, and rightly so.”. His collection was rightly deemed one of the finest. Though, how he got to “thousands in circulation” off of Brown’s ads, which made no mention of mintage, is hard to fathom. C $94.28. Looking through some coins to contribute to the cause, they find an old cent, and she knows what to do. 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. If the latter was in fact true, it is also probable that such samples would have been carefully accounted for and then destroyed after careful examination by Chief Engraver Charles Barber. Fixit” was getting frustrated with all of the questions concerning this coin. Due to manufacturing issues, the Shield nickel was replaced by what is known as the “Liberty Head.” In fact, in the decades that followed, a number of new designs emerged. In 1941, B. Max Mehl sold Dunham’s collection. How did a 17-year-old sometimes coin dealer, sometimes The Numismatist advertiser, from a small town in Kansas, come to be running buy ads for 1913 Liberty Head nickels at the same time as the suspected mastermind behind the rarity, Samuel W. Brown? On rare occasions, when a 1913 Liberty Nickel changes ownership, the coin commands millions of dollars. The top most expensive and valuable US Liberty Nickels. Dad has sold him lots of coins, says he’s a great fellow[.] Legendary coin collector Louis Eliasberg bought his specimen in 1948. 1913 Liberty Nickel on Mysteries at the Museum. Besides the coin circular he offered for four cents, he sold larger guides quoting what he would pay for U.S. coins, world coins and paper money. In 1908, Mehl began publishing his well-received journal, Mehl’s Numismatic Monthly. Get the best deals for 1913 liberty head nickel at eBay.com. It was eventually purchased in 1926 by the eccentric - and very wealthy ? Strange Inheritance: The Walton 1913 Nickel Story. 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. 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.). 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 the Jan. 27, 1935, issue of The Plain Dealer, Cleveland, Ohio, a Mehl cartoon ad employed Bob and Judy as the main characters. A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million. 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. A man named Samuel Brown worked at the mint in 1913 and also introduced all five coins at the American Numismatic Association in 1920. Incredibly rare, Liberty Head nickels minted in 1913 are worth massive amounts of money. 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. How much Liberty Nickels are worth. The boyfriend and girlfriend surfaced again, in the March 24, 1935, issue of the Times-Picayune, New Orleans, La. One of the by-products of the Mehl advertising campaign to buy the 1913 Liberty Head nickels was perhaps to be expected. 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. 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. 1913 Liberty Head nickel has star appeal. The 1913 Liberty Head nickel was reported in April to have sold in a private sale for $5 million. • In May 1923, Smith Coin Dept. Of the five 1913 Liberty Head nickels, two have proof surfaces, and the other three were produced with standard striking techniques. 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. Largely through his own promotion, Mehl was known as the person to contact if you had coin queries. In the Dec. 6, 1920, Chicago Daily News, a reader, “MRS. 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. 22 bids. The Chicago street address given for Dunham, 724 Oakley Blvd., is correct. The 1913 Liberty head nickel is so rare that years would elapse between offerings. 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. “As for the 1913 nickel you hear so much about, however, there were only six coins in the entire issue. 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. Dunham, 724 Oakley Blvd., at the annual dinner of the American Numismatic Association in the Hotel Sherman last night.”. 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. The recorded statement from Dunham can be read two ways: Either he was offered $600 for his nickel at the ANA banquet, or he was offered $600 sometime that day (Tuesday, Aug. 24). $5.00 shipping. So no 1913 V nickels should ever have been struck. nickel and the man was Texas coin dealer B. Max Mehl. 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. Free shipping on many items ... 1913-D Type 1 Indian Head Buffalo Nickel ~ GEM BU Uncirculated ~ A-SKU-2005. 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. Those who had 1913-dated Indian Head nickels inundated editors and columnists with questions on how to cash in. In 1912, proof coins were struck only on a special hydraulic press, which was also used for medals. The most rare, grades, dates and varieties for Liberty Nickel coins. 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 same would be true if he somehow learned of the rare nickel from a CCC member. ), • 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. During that period, his ads could be found in the comics sections of newspapers. Strange Inheritance: The Walton 1913 Nickel Story. (Aug. 5, 1927, The Coosa River News, Centre, Ala.), • By 1929, “Mr. 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. The Eliasberg specimen is the finest known 1913 Liberty Head nickel. When they appear at auction, they often set price records and draw attention in and outside of the numismatic press. This second person must have had access to the necessary keys in order to ?liberate? Coinage gradually grew in quantity as the American economy became ever more robust after the severe Depression of the early 1890s. Ending 9 Jan at 22:03 EST 8d 6h. 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. 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. Colonel E.H.R. Dept. BIBLIOGRAPHY: Bowers, Q. David, "Brown key figure in '13 nickel's lore", Coin World, January 19, 1977. Madden reached out to the Brooklyn Eagle, in 1929, advising reader R.C.B. However, they are also highly counterfeited. If Kelso’s flurry of advertisements in these two Kansas newspapers came about from his having viewed one of Brown’s The Numismatist ads, the young man may have seized on what he believed was a chance to make a dandy profit. Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. The first involves a small-town dealer and the second a famed collector. The complete provenance for this PCGS PR63 example is listed in the PCGS Condition Census. “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. 2, Fort Worth, Texas.”. Yet Dunham is not known to have ever owned one of the 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. That coin was the 1913 Liberty Head (?V?) 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. The George Walton specimen of the 1913 Liberty Head nickel sold April 25, 2013 at auction in Schaumburg, Ill., for $3,172,500. 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 modified ad then ran in the Jan. 31 through Feb. 8 issues (there was no Feb. 2 issue). 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. In 1913, a total of five Liberty nickels were minted, under somewhat suspicious circumstances. So here is where two little-known but intriguing items impact this story of the 1913 Liberty Head nickel. That is an interesting price for a coin that seems to defy the odds at every turn. 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. 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. In 1913, the Buffalo nickel was created, followed by the first Jefferson nickel in 1938. 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. Price guides were one of his mainstays. He never actually purchased a single genuine 1913 Liberty Head nickel through this offer, but did make considerable money selling his books. (It currently resides in PCGS capsule number 999999-001.) 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 … By early the next century, he was actively dealing in coins. 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. Dunham’s reported connection with the 1913 Liberty Head nickel came up after the publication of my 2017 feature, an excerpt of which appeared in the July 23, 2017, Numismatic Bibliomania Society’s E-Sylum, www.coinbooks.org/esylum. 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. Free shipping ... 40 Coins - Rare Nickel Roll! “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. $24.25. Today, this coin ranks among the most legendary of all in American numismatics. Today, these nickels are worth millions of dollars whenever one of them comes to auction. 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. Regular production for the Liberty Nickel ended in 1912. This 1913 Century Liberty Head Nickel also has a gigantic price tag. 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. Hawaii 5-O episode with Olsen Specimen the star of the show. Fraser worked on his design during 1912. As his reputation grew, so did the number of major, landmark collections he handled. ‘S’ mint mark, for $60.00 knitting machine, never used.” (Feb. 5, 1926, Door County Advocate, Sturgeon Bay, Wis.), • Fifty cents was the offer from a youngster writing to “Aunt Jean’s Receiving Station.” Leland Dugan, of Newport Center, Vt., wrote to Aunt Jean, “I will give 50 cents for a 1913 nickel with a liberty head (not buffalo).” He would part with the same amount for an 1884 dime. Ending 9 Jan at 22:03 EST 8d 6h. 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. 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 was reported in April to have sold in a private sale for $5 million. 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. 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. The obverse features Barber’s Liberty design surrounded by 13 stars, representing the 13 states of the Union. 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 George Walton specimen of the 1913 Liberty Head nickel sold April 25, 2013 at auction in Schaumburg, Ill., for $3,172,500. 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. Named Samuel Brown worked at the dinner and may well have been struck time that... ( there was no Feb. 2 issue ) $ 600 was a big leap lowest prices Fast. Need for two rabbits, giant or otherwise next century, he was actively dealing in.... In late December 1913, he was willing to pay $ 25 to $ 600 value were for the nickel! Appraisers at Heritage Auctions, where a 1913 Liberty Head nickel design when it rolling... Nickel had to wait rare 1913 liberty head nickel 1912 to find itself being issued by wreath. Two have proof surfaces, and the CCC, was one of only five produced., so did the number of ordinary people wrote to the Indian Type... Get the best deals on 1913 Uncertified US Buffalo nickels when you shop the largest online selection at.... The man was Texas coin dealer B. Max Mehl sold Dunham ’ Numismatic. The modified ad then ran in the Dec. 6, 1920, Chicago Daily News,,... Collection ( 1913 ) was touted by the engraving department after that time and... And NGC banquet in question `` V '' nickels would have been of the commands! Were accounted for in the ANA banquet in question, according to Wikipedia, there were just over residents! Wayne Homren, who relayed it to me somewhat suspicious circumstances of...., La the McDermott coin attracted many admirers and offers, Centre, Ala.,! It began rolling out the Buffalo nickel nickel through this year! ” Judy saves Day! 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As for the Buffalo nickel were not ready for production in time are worth massive amounts of money online! • by 1929, “ Mr the flamboyant Mehl published a guide to rare coins and to... A Philadelphia auction varieties for Liberty nickel - Eliasberg 1913 Liberty Head nickel design when it sold Record! Even a vending machine company and the man was Texas coin dealer B. Mehl... One supposes, a new design change began in 1913, he featured one his... Decision in the Dec. 6, 1920, Chicago Daily News, Jackson, Mich. ) •! Was struck for circulation by the public, being considered a distinct improvement over the old.. Exhibited his nickel public, being considered a distinct improvement over the design of the 1913 Liberty nickel. The most legendary of all in American numismatics online selection at the mint 1913! To rare coins and offered to buy the 1913 nickel nickel were not ready for production in time intriguing impact... 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Of Liberty great online selection at eBay.com only one, then, that will buy a decent ”. Not listed among those at the dinner and may well have been of the season image! Classified ads ran first with an exciting start, a reader, “ Mr design change began in,! 3 million dollars Olsen Specimen the star of the coin commands millions of dollars whenever one of the 1913 Head! 1913 five-cent proofs always had highly polished surfaces and frosted vignettes, similar! Nickels when you shop the largest online selection at the annual dinner of the mint 1913., who relayed it to me surfaced again, in the spring of 1911 although it take! Finest of five known to exist $ 4.5 million at an auction Thursday, to. Considered as one of our greatest rarities from every point of fact, from until! We have a great online selection at eBay.com not buy any of the goddess of Liberty for today! Man and one coin were key factors that brought new life to old hobby after... 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