1913 Liberty Head Nickel – A $4.2 Million Treasure & 5 More Rare Coins You Need to See

1913 Liberty Head Nickel – Coin collecting, known as numismatics, has always fascinated people from both a historical and an investment perspective. Some coins are valuable simply because of their antiquity, while the extraordinary price of others makes them very special for investors as well. One such rare and mysterious coin is the 1913 Liberty Head Nickel, which recently stunned collectors and investors around the world by fetching a price of $4.2 million at auction.

This paper shall discuss the intriguing tale of the 1913 Liberty Head nickel and present five other rare coins that have proved their worth beyond what many people think they are worth and have been able to fetch millions of dollars.

1913 Liberty Head Nickel: The Mystery of $4.2 Million

In October 2022, a piece of a 1913 Liberty Head nickel known as the Walton Specimen had sold at GreatCollections Coin Auctions for 4.2 million dollars. This coin is among the five extant coins making its rarity unparalleled in the American numismatics.

There is much mystery surrounding its origin. Some historians believe that the coin was minted without permission by the U.S. Mint. The sale of the Walton Specimen is a testament to the importance placed on rare coins.

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Why is it so valuable?

In 1913, the U.S. The Mint began issuing Buffalo Nickels in place of the Liberty Head Nickel. This meant that no 1913 Liberty Head Nickel was officially recognized, making it extremely rare.

  • Today, only five known examples exist.
  • One of these coins sold at auction for $4.2 million.
  • If you ever find a 1913 Liberty Head Nickel, you could be in possession of a multimillion-dollar treasure.

Major Auctions of the 1913 Liberty Head Nickel

Sample NameSale DateSale PriceAuction House
WaltonOctober 2022$4.2 MillionGreatCollections
EliasbergAugust 2018$4.56 MillionStack’s Bowers
OlsenJanuary 2014$3.7 MillionHeritage Auctions

These figures make it clear that the 1913 Liberty Head Nickel is not only rare but also extremely valuable from an investment perspective.

Five Other Rare Coins Worth Millions

1. 1933 Saint-Gaudens Double Eagle

This 1933 coin is the most expensive coin ever minted, selling for $18.9 million at a private auction.

  • The US government ordered these coins to be melted down.
  • Some coins survived, and possession was considered illegal.
  • This legal complexity and rarity made them even more mysterious and valuable.

2. 1794 Flowing Hair Silver Dollar

This coin is believed to be the first silver dollar issued in the United States.

  • The coin features the majestic figure of Lady Liberty, whose hair appears to be flowing.
  • A coin in good condition sold for $12 million.

3. 1943 Copper Lincoln Penny

During World War II, most pennies were made from steel to save copper. But some were accidentally made from copper, making them extremely rare.

  • If you find a 1943 penny that is not magnetic, it can be worth millions.
  • One such coin sold at auction for $1.7 million.

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4. 19551 Doubled Die Lincoln Penny

4. 19551 Doubled Die Lincoln Penny

The most distinctive feature of this coin is the double effect in its date and lettering.

  • If you see double numbers on a 1955 penny, it should be inspected immediately.
  • High-grade coins can sell for six figures.

5. 2007 $1 Million Canadian Gold Maple Leaf

The Royal Canadian Mint produced this massive 220-pound gold coin, with a nominal value of $1 million.

  • The actual value was over $5 million due to its pure gold content.
  • This coin is a remarkable blend of rarity and historical significance.

Valuing Rare Coins

The price of any rare coin depends on several factors:

  • Rarity: Coins with limited number of people who minted them or few coins that are left are considered as of great value.
  • Condition: Condition and grading is done on a coin and the work of a qualified institution adds value to the coin.
  • Historical Significance: The coins related to the historical events or other significant backgrounds are more valuable.
  • Provenance: in case a coin has been in a famous collection before, its worth is further enhanced.

All these together cause coins to not only be a collectible item, but also an appealing investment.

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Conclusion

Rare coins, be they connected with history or in an investment approach have always been interesting to people. A case in point of this appeal and price is the 1913 Liberty Head nickel that has been auctioned at 4.2 million dollars.

Collectors and investors are constantly seeking these rare coins, not only because of their historical significance, but also because of their potential profit and high returns. If you own a rare coin, it may prove to be a true treasure.

The world of coins connects us with history, reveals investment possibilities, and captivates with a sense of uniqueness. Each rare coin in this exciting journey tells a story, and some may even reach new heights in value in the future.

FAQs:

Q. What makes the 1913 Liberty Head Nickel so valuable?

A. Only five are known to exist, and it was unofficially minted the year the Buffalo Nickel was introduced. Its rarity and historical significance make it extremely valuable.

Q. How much did the Walton specimen sell for?

A. It sold for $4.2 million at auction in October 2022.

Q. How is the value of rare coins determined?

A. Factors include rarity, condition, historical significance, and provenance (ownership history).

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