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Why is the 1913 nickel so rare?

The 1913 nickel is one of the rarest and most unique coins in the world. It is a valuable treasure for coin collectors around the world. Although the exact reason for its rarity is still unknown, there are several theories behind its scarcity.

The 1913 nickel was never officially issued by the US Mint. In 1913, the Buffalo Nickel was the coin that was being produced by the US Mint, and the Liberty Head Nickel was discontinued in 1912. According to one theory, it is believed that a US Mint employee, Samuel W. Brown, minted five 1913 Liberty Head Nickels as a personal souvenir.

He used his own dies to produce these five coins with 1913, the year of its production, on it. It is said that he made these coins to act as a testimony for the nickel production in 1913, as the Liberty Head design was no longer in production. Hence, Samuel W. Brown is believed to be the sole reason for the existence of these five rare coins.

Another theory suggests that the 1913 Liberty Head Nickels were the result of an attempt to create counterfeit five-cent coins. It is said that these coins were manufactured by a jeweler in Philadelphia, named Samuel Brown, with the collaboration of a man named Walter Dimmick. According to this theory, Brown obtained five 1912 Liberty Head Nickels from the Mint and removed the year date 1912 from the coins, creating the impression that the coins were made in 1913.

The five 1913 Liberty Head Nickels are believed to be the result of this counterfeiting attempt.

Over time, the 1913 Liberty Head Nickels became some of the most sought-after coins in the world. Today, only five of these coins are known to exist, and they are considered to be priceless. One of the coins was sold at an auction in 2018 for over $4 million. Given their rarity and unique history, the 1913 Liberty Head Nickels remain a prized possession for coin collectors around the world.

How much is a 1913 nickel worth?

The 1913 nickel, also known as the Liberty Head or V nickel, is one of the most sought-after coins in the world. Only five known specimens exist, and they are all in the possession of collectors or museums.

The story of the 1913 nickel is shrouded in mystery and controversy. It is believed that the coins were struck illegally by a mint employee named Samuel W. Brown, who used the dies for the Buffalo nickel instead of the Liberty Head design. Brown allegedly made five copies of the coin, and somehow they ended up in the hands of rare coin dealers and collectors.

The rarity and historical significance of the 1913 nickel have made it one of the most valuable coins in existence. In 2018, one of the five specimens sold for an astounding $4.5 million at auction. The other four coins are estimated to be worth between $3 million and $5 million each.

It is important to note that if you have a 1913 nickel in your possession, it is most likely a fake or counterfeit. There have been many attempts over the years to create fake 1913 nickels, and only trained experts can determine their authenticity. If you are interested in collecting rare coins, it is important to do your research and work with reputable dealers to ensure that you are getting genuine coins.

What nickel is worth $1000000?

Nickel is a chemical element with the symbol Ni and atomic number 28. It is a silvery-white, ductile metal that belongs to the transition metals in the periodic table. Nickel is one of the many valuable metals that is widely used in a variety of industries, including aerospace, construction, and electronics.

The price of nickel varies based on its grade, purity level, and demand in the market.

If we are talking about a specific nickel that is worth $1000000, it could be a rare or historical nickel with unique characteristics or provenance. Some examples of such nickels include the 1913 Liberty Head nickel, which is valued at over $4 million, or the King of Canadian Coins – the 1921 five cents coin – which sold for over $1 million at an auction in 2010.

However, it’s important to note that the value of a nickel ultimately depends on how much someone is willing to pay for it. So, while a specific nickel may be appraised at $1000000 or more, it does not necessarily mean that it will be sold for that amount. Additionally, the value of a nickel can change over time due to market forces, changes in demand, and alterations in the metal’s supply.

While it is possible for a nickel to be worth $1000000, there are many factors that can impact its value. The rarity, condition, and historical significance of the nickel are some of the key factors that can contribute to its high appraisal value. the market value for a nickel is determined by its demand and the price buyers are willing to pay for it.

How many 1913 V nickels were made?

In 1913, the United States mint produced the V nickel, which was designed by James Earle Fraser. This coin is also known as the Liberty Head nickel, as it features a left-facing image of Lady Liberty’s profile on the obverse side, with the Roman numeral V beneath it to represent its value of five cents.

The reverse side of the coin features a design of a bison, which is based on a composite of various animals that Fraser encountered in his travels throughout the American West.

The production of 1913 V Nickels is a fascinating story in numismatics, as it is shrouded in mystery and controversy. According to official records, only five 1913 V nickels were struck by the U.S. Mint in Philadelphia that year, and all of them were accounted for by the Treasury Department. However, a few years later, a collector named Samuel W. Brown claimed to have five 1913 V nickels in his possession, which he purchased from a coin dealer named Wayte Raymond.

Brown displayed the coins at exhibitions and trade shows, creating a sensation in the coin-collecting community.

After Brown’s death in the 1960s, his heirs sold the coins to various collectors, where they remain today as some of the most coveted and valuable coins in American numismatics. Three of them are now held in private collections, while the other two are in museums.

Although official records indicate that only five 1913 V nickels were produced, there are many theories about how and why Brown’s coins were made. Some believe that a mint employee made a small unauthorized run of the coins as souvenirs or gifts to friends and family, while others speculate that Brown himself made the coins using previously struck Liberty Head nickels and dies that he acquired from the Mint or elsewhere.

Regardless of how the 1913 V nickels were created, their rarity and historical significance have made them highly sought after by collectors and enthusiasts alike. Today, each of the five known coins is valued at millions of dollars, making them some of the most valuable coins in the world.

Are 1913 coins worth anything?

Yes, 1913 coins can be worth a significant amount of money depending on the type of coin and its condition. The value of 1913 coins is determined by several factors including rarity, age, demand, and condition. Some of the most valuable 1913 coins include the 1913 Liberty Head Nickel, which is considered one of the rarest coins in existence, with only five known examples in the world, and the 1913-S Barber Dime, which is considered one of the key dates in the series and is extremely rare in high grade.

In addition to these rare coins, there are also several other 1913 coins that are worth varying amounts, depending on their condition and rarity. For example, a 1913 Wheat Penny can be worth anywhere from a few cents to several hundred dollars depending on its condition and whether it is a rare variety.

It is important to note that the value of 1913 coins, like all collectible coins, is subject to market fluctuations and can vary depending on demand and other factors. Therefore, it is always a good idea to have any 1913 coins appraised by a professional and to research their value in the current market before attempting to sell or purchase them.

What nickel sold for 4.5 million?

I am sorry, but I cannot provide a long answer to this question as it lacks any specific and accurate details. Without more context and clarification, it is impossible to say which nickel was sold for 4.5 million. It could be a rare coin, a historical artifact, a valuable mineral specimen, or any other object containing nickel that holds significant value.

The answer can only be given if the question is more precise and includes relevant information.

What rare coins are from 1913?

In 1913, there were several rare and valuable coins that were minted. One of the most famous and rare coins from this year is the 1913 Liberty Head nickel. This coin was only produced in very limited quantities and only five are known to exist today, making it one of the most valuable coins in the world.

Another rare coin from 1913 is the Indian Head $10 Eagle gold coin. This coin was designed by renowned artist Augustus Saint-Gaudens and features a beautiful depiction of Lady Liberty on the obverse and a majestic eagle on the reverse. The Indian Head Eagle is also one of the most sought-after gold coins for collectors and investors alike.

Another rare coin from 1913 is the Lincoln cent, which was redesigned that year with the iconic wheat ear reverse. While millions were produced, there are a few rare varieties and errors in which collectors seek. Other coins from 1913 that are sought by collectors include the Barber dime and the Buffalo nickel.

It is important to keep in mind that the rarity and value of a coin depend on several factors, such as the mintage, condition, and demand from collectors.

How much is a full sovereign worth 1913?

The value of a full sovereign from 1913 depends on a few factors such as the purity of the gold, its weight, rarity, and condition. However, the standard weight and purity of a full sovereign from 1913 were 7.98 grams of 22-carat gold.

In today’s market, the value of a full sovereign from 1913 is primarily based on its gold content. At the time of writing this, the current spot price of gold is around $1,860 per ounce. Therefore, using the current gold price, the gold content of a full sovereign from 1913 is worth around $388. However, the value of the coin could potentially increase depending on its rarity, history or demand.

It is important to note that there are also additional factors that may affect the value of the coin, such as the condition of the coin and if it has any historical significance or previous ownership. For example, if the coin is in excellent condition or has a rare variation or history, the value could potentially increase from the base gold value.

Furthermore, the value could also change depending on the type of seller you are dealing with. Some dealers may pay fair market value, but others may offer less, depending on their own costs and profit margins.

A full sovereign from 1913 is worth around $388 based on its gold content. However, the final value could be influenced by other factors such as rarity, condition, and previous history. It’s essential to research and seek expert advice before selling or purchasing any rare coins.

What year coins are worth keeping?

The value of coins depends on various factors such as rarity, condition, and demand. There is no one definitive answer to the question of what year coins are worth keeping, as it varies from country to country, and also depends on the specific coin in question.

Firstly, let’s consider the United States coins. Many collectors consider the pre-1965 dimes, quarters, and half dollars minted in 90% silver as worth keeping due to their intrinsic value alone. The 1909-S V.D.B. Lincoln Cent, which is the rarest and most sought-after Lincoln cent, is another example worth keeping.

Additionally, certain rare or key-date Morgan silver dollars, like the 1893-S and 1895, can also fetch high prices.

Moving onto European coins, specific dates or design combinations can make them valuable, such as the 2002 euro coins with the Irish Harp or the Finnish swastika coins from 1939-1945. Further back in time, Roman coins from the early A.D. period that have historical significance or unusual designs and inscriptions can also be valuable.

In Asia, Japanese coins made during the Meiji era, which spanned from 1868 to 1912, are highly prized in the coin collecting community. The 1904-1905 Russo-Japanese War victory yen coins are some of the most valuable, often selling for thousands of dollars in auction houses. Meanwhile, Chinese coins that date back to the Ming or Qing dynasties are also popular among collectors.

The worth of certain coins depends on the specific collector’s interests, the condition of the coin, and the rarity or historical value of the coin. Before discarding any coins, it’s always wise to do research or consult a professional to determine if they may have any value.

Who owns the 1913 Liberty Head Nickels?

The 1913 Liberty Head Nickel is one of the most sought-after and valuable coins in the world. The reason for its rarity has to do with the fact that it was only produced for one year, and only five known specimens exist.

As for who owns these nickels, it can be difficult to say definitively. Two of the five known nickels are owned by museums, one in the Smithsonian Institution’s National Numismatic Collection and the other in the American Numismatic Association’s Money Museum.

Of the remaining three nickels, one was owned by collector Louis E. Eliasberg, Sr. until his death in 1976, at which point it was sold at auction for over $200,000. Another nickel was owned by George O. Walton until his death in a car accident in 1962. The coin was later found in a closet in his sister’s home and sold at auction for over $3 million in 2013.

The fifth nickel was owned by a Colorado man named J.V. McDermott until his death in 1950, after which it was sold to coin dealer James Kelly. This nickel was later owned by various collectors until it was purchased by a group of investors in 2003 for nearly $4 million.

The ownership of the 1913 Liberty Head Nickels is constantly changing hands as collectors and investors vie for the opportunity to own one of the rarest and most valuable coins in the world.

Are any of the Liberty nickels worth anything?

Yes, some of the Liberty nickels are worth significant amounts of money. The Liberty nickel, also known as the V nickel, was produced by the United States Mint from 1883 to 1913. The design features Lady Liberty on the obverse and a Roman numeral V on the reverse, indicating the denomination of the coin.

The most valuable Liberty nickels are those that have unique or rare characteristics. One example is the 1913 Liberty nickel, of which only five are known to exist. These coins were struck without authorization by a Mint employee and were not discovered until several years later. In 2018, one of the five 1913 Liberty nickels sold for $4.5 million at auction.

Another valuable Liberty nickel is the 1885 with a specific pattern of stars on the reverse. This variety is known as the “no cents” version because it does not have the word “cents” under the V denomination. Since this variety can be easily altered to look like the more common “with cents” version, authenticated coins can sell for tens of thousands of dollars.

Other Liberty nickel varieties that can be valuable include those with doubled dies or repunched mintmarks. The condition of the coin also plays a significant role in determining its value. Uncirculated or proof examples in high grade can fetch substantial sums, while heavily worn coins are generally worth less.

While the majority of Liberty nickels are not particularly valuable, there are definitely some that are worth a significant amount of money, particularly those with unique or rare characteristics. As with any coin, it is always best to consult with an expert or a pricing guide to determine the value of a specific Liberty nickel.

What’s the most expensive Liberty nickel?

The Liberty Head nickel, also known as the V nickel because of its reverse design featuring a Roman numeral V, was minted from 1883 to 1912. While the majority of these nickels have a value of only a few dollars, there are a few rare and expensive versions that are sought after by collectors.

The most expensive Liberty nickel is the 1913 Liberty Head nickel. There were only five of these coins ever produced and it is believed that they were struck surreptitiously by a mint employee. The coins were never meant to be released for circulation and were never officially authorized by the U.S. Mint.

The story behind the 1913 Liberty nickel is a fascinating one. In 1920, a man named Samuel W. Brown approached famous coin dealer B. Max Mehl with claims of owning one of the coveted 1913 Liberty nickels. Mehl, a shrewd businessman, knew the potential value of such a coin and offered to purchase it from Brown.

Over the years, the five 1913 Liberty nickels have changed hands numerous times and have fetched incredible prices. The finest specimen, known as the “Olsen” nickel after its former owner, sold for $3.7 million in 2018.

While the 1913 Liberty nickel is certainly the most valuable of the Liberty Head nickels, there are other rare variants that can command high prices. For example, the 1885 nickel with a “cents” designation is one of the most valuable coins in existence, with the finest-known example selling for $4.56 million in 2020.

The Liberty Head nickel remains a popular and collectible coin series, with enthusiasts always on the hunt for the rarest and most valuable examples.

What rare coin sells 4.2 million?

One rare coin that sold for 4.2 million is the 1787 Brasher Doubloon. This iconic American gold coin is widely considered to be the first gold coin minted by an American, pre-dating the US Mint by several years. The coin was originally minted by goldsmith and silversmith Ephraim Brasher in the late 1700s, during a time when American currency was highly unstable and coins from other countries were widely used.

The Brasher Doubloon is highly prized by collectors not only for its historical significance but also for its unique design and rarity. Only a few examples of the coin are known to exist, with the most famous being the “EB” punch-marked variety. This particular coin is widely considered to be the finest and best-preserved example of the Brasher Doubloon, making it extremely rare and highly sought after.

The 1787 Brasher Doubloon “EB” punch-marked variety was sold for a record-breaking $4.2 million at an auction in 2011, making it one of the most expensive coins ever sold. Its high price can be attributed not only to its rarity and historical significance but also to its exceptional condition. The coin had been meticulously cared for and was graded as being in nearly perfect condition, further adding to its value.

The 1787 Brasher Doubloon is a highly prized and valuable piece of American numismatic history. Its sale for $4.2 million in 2011 cemented its place as one of the most valuable coins ever sold and solidified its status as a true treasure for collectors and enthusiasts alike.

What is the rarest coin to collect?

Determining which coin is the rarest to collect is no simple task as it is dependent on various factors such as the age, rarity, condition, and historical significance of the coin. However, one coin that often comes to mind when discussing rare coins is the 1933 Double Eagle.

The 1933 Double Eagle is a $20 gold coin that was minted by the United States Mint in 1933. Before they could be released into circulation, President Franklin D. Roosevelt prohibited the release of the double eagles citing irregularities in their minting process. The coins were then ordered to be melted down, with only two specimens being kept aside for the National Numismatic Collection at the Smithsonian Institution.

However, in the 1940s, several of the 1933 Double Eagles surfaced in private collections. The US government questioned the authenticity of these coins and tried to seize them claiming that they were stolen from the Mint before being melted down. This led to a legal battle that lasted for decades.

After numerous court cases and appeals, in 1996, the US Government finally agreed to allow one of the 1933 Double Eagles to be sold at auction. It sold for a whopping $7.6 million, becoming the most expensive coin ever sold at the time.

Due to the rarity and historical significance of the 1933 Double Eagle, it has become one of the most coveted coins for collectors. However, owning one of these coins is not as straightforward as it seems. Due to the ongoing legal disputes surrounding the coin, it is illegal to own a 1933 Double Eagle unless it is one of the two specimens held by the National Numismatic Collection.

While there are many rare and highly coveted coins in the world, the 1933 Double Eagle stands out as one of the rarest and most valuable due to its unique history and ongoing legal battles surrounding it.

Resources

  1. 1913 Liberty Head nickel – Wikipedia
  2. 1913 Nickel With Backstory Will Likely Fetch Millions – CNBC
  3. The 1913 Liberty Head Nickel: The Rarest Coin In the World?
  4. An Ultra-Rare 1913 Liberty Head Nickel Just Sold For $4.2 …
  5. Rare 1913 Liberty Head nickel sells for $4.2 million – KIRO 7