Since many of these coins are in circulated condition, unscrupulous coin dealers will clean them in an attempt to increase their grade in defraud an unsuspecting purchaser. Occasionally, one or more pieces were mixed with the planchets, and the die struck them. Originally, the coins did not have the word "cents" on them anywhere, this was deemed unnecessary as the three-cent piece had been circulating with a Roman numeral on it to indicate the denomination without any issues. Interestingly, the first 5.5 million coins were without the mark CENTS. Production cranked up in 1887 and through 1911, production years minted a high of 39.6 million coins and a low of only 5.4 million coins. Among the topics of discussion was the mysterious 1913 Liberty Head nickel - a coin that shouldn't exist. Half Dollar. In 1912, a startling thing happened. Achieving the best 1913 nickel value is a combination of date, mintmark and finding a coin in higher than average condition. . A rare 1913 Liberty Head nickel fetched a lot of pocket change Wednesday night at a Philadelphia auction, selling for more than $4.5 million. The Liberty Head Nickel, the previously issued five-cent piece, was not even supposed to be produced that year. National Collector's Mint, Inc. is an independent, private corporation not affiliated with, endorsed, or licensed by the U.S. Government or the U.S. Mint. The ANA serves the academic 1913-----$4,455,000---These are estimates based on dealer and PCGS price history and are meant to be a rough guide. Not only were 26.2 million nickels produced in Philadelphia but 8.4 million were struck in Denver and a mere 238,000 coins were also produced at the San Francisco Mint. Shortly after, Brown, who had worked at the Philadelphia Mint, made it known that he had acquired five 1913 Liberty Head nickels, without revealing where he had acquired them. Mint luster covers the entire surface of the coin. However, in August 2018, the coin sold again at a Stacks Bowers coin auction for only $4,560,000. Thanks. 1913 Matte Proof Buffalo nickel: 1,520; $1,500+. A V Nickel makes a great addition to any coin collection and also makes a strong starting point for new collectors. Replacing the style-less Shield Nickel would not pose that difficult a task. The Mint added the word CENTS to the reverse of the coin after dishonest people started to gold plate the coin and passed them off as five-dollar gold pieces. It has been graded Proof-64 by both PCGS and NGC, and was featured on an episode of Hawaii Five-O ("The $100,000 Nickel", aired on December 11, 1973). B. Max Mehl auctioned the same coin, in 1944, for $3,750. This created two types of Liberty Head nickels in 1883: theWithout Cents(or No "Cents") and theWith Cents. Buffalo nickels in 1913 were produced by three mints. His estate was then auctioned off, and the five 1913 Liberty Head nickels were purchased by two dealers, Eric P. Newman and B. G. Johnson,[7] who broke up the set for the first time. 1913 Type II: 29,857,186; $8+. Mintmarks were placed on the reverse of the coins to identify the mint of origin, "S" for San Francisco and "D" for Denver. In addition to the 1913 Liberty Head nickel, there are a few key dates worth noting in the series. Two years after that, Farouk's possessions were all auctioned off by the new regime. . Free shipping for many products! or Order 24 Hours a day online! Oct 19, 2020. In 1883, the first year of production for Liberty Head nickels, the denomination of five cents was indicated by the Roman numeral "V" on the reverse. [19] If your Liberty Head nickel is worn and looks similar to the one illustrated below, it is considered acirculatedcoin. 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. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These round five-cent coins came with a diameter of 0.83504 inches (21.21 mm) and a weight of 0.17637 ounces (5 g). While those produced before 1897 are typically expensive, most are worth $100 to $200. The ANA serves the academic 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. In this case, it impressed its design on the following blank planchet and left a mirror or negative imprint. V-Nickels dated pre-1897 can command significant premiums and many are worth $4 to $5 a piece. International shipping - items may be subject to customs processing depending on the item's customs value. Find the most valuable Liberty nickels worth money as well as key dates with our liberty head nickel value guide. . Years of Production. [20][21], Held by the American Numismatic Association's Money Museum in Colorado Springs, Colorado, the McDermott specimen has the distinction of being the only 1913 Liberty Head nickel with circulation marks on it. The reverse features that denomination simply stated by the Roman numeral V inside of a Laurel Wreath. [3] Then in August, 1920, the general numismatic community learned of five Liberty Head nickels dated 1913, all owned by Samuel Brown, a numismatist who attended the American Numismatic Association's annual convention and displayed the coins there. One of those proofs reached an astonishing $4,566,149 at an auction organized in 2018. Josh would go into a local bar or general store and point to something that cost 5 cents, such as a cigar. And even though no 1913 dated Liberty Head nickels, at least 5 of these coins do exist. Gold Dollars 17 Liberty Head 10 Small Indian Head 4 Large Indian Head 3. 1883-1912. . 1912 S - $140 to $460 1894 - $15 to $150 3 1913 Liberty Head V Nickel - Is There a Sixth Coin? Last Update: 02-21 11:03 AM EST. Even pieces in good condition cost at least $200, while excellently-preserved ones and proofs reach approximately $2,000 at auctions. When Newman and Johnson broke up the set of five coins, the Olsen specimen was sold first to James Kelly and then to Fred Olsen. Two of the five known specimens of the 1913 Liberty Nickel are currently within museum collections, with the remaining three pieces changing hands infrequently. Price Guide. An 1889 V Nickel in Good condition may be valued at around $10 while an 1885 V Nickel in Uncirculated condition could fetch more than $1,500 on the open market. EMAIL: ana@money.org. And 1886 was another year in which a limited mintage was struck only 3,326,000 coins bear that date. Miss Liberty still adorned the obverse and faced left. A customer care representative will always advise you of any price change prior to processing your order. [18] The coin was sold at auction by the heirs in April 2013 for US$3,172,500, significantly above an estimated value of US$2,500,000. Only five examples are known to exist: two in private collections and three in museums. While the stars are a good starting point, you must also closely examine other coin details, such as the date or V with the same careful attention. Off-center These misstruck nickels occurred when the planchet failed to enter the coinage press correctly. Buffalo (Indian Head) Nickel Values and Prices, Kennedy Half Dollar Values and Prices (1964-2015), Lincoln Wheat Penny Key Dates, Rarities and Varieties, 10 Rarest and Most Valuable Coins in the World, 50 State Quarters, D.C., and U.S. A specimen was sold for US$3 million in a 2004 private sale, then resold for US$3.7 million at a public auction in 2010. In 1913 an unscrupulous mint employee produced five Liberty Head nickels dated 1913. Undoubtedly, the most pricey Liberty Head nickels are rare five pieces struck in 1913 in the Philadelphia mint under mysterious circumstances. The mystery of their minting and the low number of existing coins make them the rarest and the most collectible in the series. There was one more uniqueness about these coins. When it comes to proofs, the situation is a little different. [12][13] The latest owner's name has not been disclosed. The existence of these nickels was unknown until December 1919, when an advertisement placed in the The Numismatist by Samuel W. Brown offered to purchase any example for $500. Since the entire series was minted in Philadelphia except for coins struck in 1912, they come without the mint mark. PCGS reauthenticated the coin and sealed it in its current PCGS Secure slab (holder). George O. Walton, for whom the specimen is named, purchased it from Newman and Johnson in 1945 for approximately US$3,750, equal to $56,444 today. The first pieces appeared in circulation on 30th January 1883. As such, these coins are frequently counterfeit or altered. estimates based on dealer and PCGS price history and are meant to be a rough guide. [5] Bowers, however, did not entirely discount the private minting theory. These prices are not intended, and should not be relied upon, to replace the due diligence and when appropriate expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. The V nickels are beautiful five-cent coins with a Lady Liberty on the obverse. For important details. After McDermott died in 1966, the nickel was sold at auction in 1967 to Aubrey E. Bebee. Its price doubled to US$200,000 when it was resold to Superior Galleries in 1978. McDermott, whose name ended up as part of the coin's pedigree. Some V Nickels can be purchased for extremely low price points, making them an affordable option for any collector. The 1913 Liberty Head nickel is an American five-cent piece which was produced in extremely limited quantities unauthorized by the United States Mint, making it one of the best-known and most coveted rarities in American numismatics. Struck fragments After the blanking press punched blank metal pieces, small scraps went to melting and recycling. We will do our best to keep these as updated as possible. DATE CONDITION. To get an idea of what condition your V Nickel might be in, you must closely examine the coin and its details. 1913-S Type II: 1,209,000; $325+. Later rumors that there is a sixth specimen that was lost or is otherwise hidden appear to be unfounded.[8]. This omission led to two varieties in the first year of production. These coin fragments are rare, and only one such Liberty Head nickel exists nowadays. A 1912-S V Nickel in Good condition may fetch at least $100. Johnson and Newman sold it to James Kelly, who then sold it to J.V. 1924-S Mercury or Winged Liberty Head Dime . 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. The following Liberty Head "V" nickels in any condition, are worth considerably more than common dates. Diameter: 21.2 mm. The Liberty Head Nickel was minted between the years 1883 and 1912. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLiberty Head "V" nickel. Most would assume that he had just given them a $5.00 gold coin so he would get his beer, cigar or merchandise as well as $4.95 in change. Well, the coin could be gold-plated and passed on to the public as a $5 Gold piece. If you use these links to buy something we may earn a commission. The 1912 V Nickel is also quite popular. Lamination This error was a result of a non-belonging foreign body, like dirt or gases, being trapped in the strip. Besides the Liberty Head proof nickel minted in 1913 that was paid an unbelievable $4,560,000 at Stacks Bowers in 2018, the most expensive pieces produced from 1883 to 1912 are worth under $84,000. There is a legend associated with this coin, as follows. Those without CENTS on the reverse cost $10 to $55, but proofs are often more expensive than similar coins from the first variation. The Liberty Head Nickel, the previously issued five-cent piece, was not even supposed to be produced that year. Gold. In most cases, the V nickel value is pretty modest for such an old coin, but you can notice that coins from five minting years are highly expensive and collectible. At that time, it was determined that the Walton specimen was genuine. Some enterprising individuals decided to fool the unsuspecting public with the new coin. 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