This volume, well over 100 pages in length, illustrated coins from colonial times to modern, and gave the prices he would pay. 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. Nickels from 1913 to 1938 are Indian head nickels. It was the tail end of the Depression, and rarities were not in as much demand as they had been in the Roaring ’20s, but still, this was an amazing opportunity. This was the first coin to break the million-dollar barrier, with a final hammer price of $1,485,000 after a 10% buyer's fee was added. 1883 liberty v nickle no cents 1883 1913 . 1943 271,165,000 15,294,000 104,060,000 1943-P includes the 3 over 2, and doubled eye varieties. Accordingly, one by one he dispersed of them, until they were all gone. Now, the numismatic community was aware of a coin that would soon become famous beyond anyone’s imagination. At the time I was a part of that firm, and when it arrived, company president James F. Kelly (who also wrote the “Trends” column for Coin World) passed it around the company, where we all enjoyed looking at it. Whatever the circumstances, and we will probably never know them, in August 1920 Brown startled the collecting community by displaying five pieces, nicely fitted in a leather case! Home » Knowledge Center » 1913 Liberty Head Nickel. After Farouk was ousted from the throne in 1952 by a military junta, his holdings were put up for sale. In any event, when the nickels first became known to the collecting community, it was Brown who had them. united states nickel 1913 a34 769. liberty head 5 cent victory nickel 1883 1913 random year. In time, such Buffalo nickels were made by the millions, and were produced for many years thereafter, indeed until 1938. Now the word was out, 1913 Liberty Nickels actually existed. FDR, after all, was only one year old at the time. By this time, just about every aware person in the United States of America knew that the 1913 Liberty Head nickel was the great rarity! Early in that year it was decided to replace the familiar Liberty Head nickel, in circulation since 1883, with a new design, popularly called the “Buffalo” nickel, featuring on the obverse an Indian or Native American, and on the reverse a buffalo (more properly a bison in terms of zoology). In 1913, the Liberty Head design gave way to the Buffalo type. By that time the Texas dealer was toward the end of his career. These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913. 1913 1938 buffalo nickel starter collection w/27 coins new album. If you want to read about McDermott and his nickel-of-all-nickels, dig out a few copies of the Numismatic Scrapbook Magazine from the 1950s, as he mentioned it many times in print—it was as much his icon as the Mona Lisa is for the Louvre. It is my studied opinion that the owner, at least in part, was Stephen K. Nagy, Philadelphia dealer and son-in-law of old-time professional numismatist John W. Haseltine. It is believed that five specimens were struck at the U.S. Mint in Philadelphia sometime between the Summer of 1912 and early February of 1913. Then the 1913 Liberty Head nickels became available. Certainly, a book-length biography of Green would make fascinating reading today. An offer of $500 each was made for two, but all five had to be purchased, so $333.33 each was suggested for the others, bringing the total price to $2,000.00. Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. One and all examples had eluded his grasp! Only 5 Proof specimens are known to exist. It is believed that he used coin dies created in case the dies for the Buffalo nickel were not ready for production in time. It could almost be called, to coin a new phrase, a “Hoboed 1913 V Nickel” since the zero has been carved into a 3. The 1913 Liberty Head nickel was included as part of a date collection of nickels, without any particular notice being made of it. I was co-owner of this coin at one time in the 1970s. The Brown advertisements were successful and attracted wide notice. 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. During the same era George T. Morgan (of “Morgan dollar” fame) was assistant engraver, and from time to time he made special Proofs and other pieces for numismatists (including Ambrose Swasey). In 1913, the Liberty Head design gave way to the Buffalo type. 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. McDermott, of Milwaukee, Wisconsin, a coin dealer who in essence built his life around this 1913 Liberty Head nickel, in the 1950s carrying it as pocket change, to pull out at a restaurant or bar to proudly display, stating it was worth a small fortune. Chester Alan Arthur was in the White House, and Franklin Delano Roosevelt was napping in a nursery in Hyde Park, New York. He lived until 1957, then went to his final reward. 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. The obverse features a left-facing image of the goddess of Liberty.. By that time Brown lived in North Tonawanda, New York, a town near Niagara Falls, where he was recognized as an important citizen and, at a later time, served as mayor. 1944 119,150,000 32,309,000 Hide Green, eccentric son of millionairess Hetty Green, popularly known as the “Witch of Wall Street.” After his mother passed away, Col. Green, as he became known, released all inhibitions and … The Liberty head design was used between 1883 and 1913, when it was replaced by the Indian Head (Buffalo) design. Horse-drawn carriages ruled the roads—and in New York City they also reigned supreme on the just-completed Brooklyn Bridge. No collection like this had been assembled before, and none like it will ever be formed again. Can't Email or Call Right Now? Copyright © Stacks-Bowers Numismatics, LLC 2016. Recent sales of a 1913 Liberty Head nickel were in April 2013 for more than $3.1 million and for $4.5 million at auction in August 2018. What were they worth? Samuel W. Brown (employed at the mint from 1903 to November 1913) - August Wagner (who advertised the five 1913 Liberty Nickels for sale in The Numismatist in late 1923 and early 1924) - Stephen K. Nagy (possibly a Wagner accomplice) - Wayte Raymond (either as owner or broker) - Col. E.H.R. It thus became a showpiece in the greatest collection of United States coins ever formed—a cabinet complete with every date and mintmark from the 1793 half cent to the 1933 double eagle. Col. Green was also responsible for hundreds of serial number 1 sheets of Series of 1929 National Bank bills being saved. Not much is known about the actual minting of the 1913 Liberty Head Nickels. Afterward, the Green estate was handled by the Chase National Bank of New York City. As circumstances would have it, in St. Louis young Eric P. Newman, a numismatist and up-and-coming lawyer, desired to buy a piece of St. Louis currency from the Green estate, and wrote to inquire. When the Eliasberg 1913 Liberty Head nickel was sold by Bowers and Merena/Stack’s in 1996 it was the first United States coin to realize over $1 million when it brought $1,485,000. In time he could proudly point to such “collectibles” as a full-scale operating railroad in Texas, antique whaling ships at harbor in Massachusetts, his own radio station, and a vast collection of coins. Of the five 1913 Liberty Head nickels, two have proof surfaces, and the other three were produced with standard striking techniques. Times were difficult in the Depression years of 1930s, and the term, “Brother, can you spare a dime?” had true meaning. REGISTRY OF SPECIMENS: The five 1913 Liberty Head nickels, representing the total number believed to have been struck, were in the possession of Samuel W. Brown by 1920. On the stamp collecting scene, he owned all 100 of the famous 1918 “Jenny invert” postage stamps (a 24-cent air mail stamp, with a Curtis Jenny flying upside down—the sheet had been fed into the press incorrectly during the final printing stage). An account of Green and the 1913 Liberty Head nickel appears in my 1979 book, Adventures With Rare Coins, in case you might want to locate a copy (it has been out of print for years). Various people in the Treasury Department, including at the Mint, received The Numismatist and no doubt saw the listings. In his career Nagy handled many prime rarities, including all 10 of the known 1884 trade dollars and all five of the 1885 trade dollars. Type: Liberty Head V Nickel Year: 1913 Mint Mark: No mint mark Face Value: 0.05 USD Total Produced: 0 [ Silver Content: 0% Numismatic Value: $3428950 to $4408650.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3428950, while one in certified mint state (MS+) condition could bring as much as $4,408,650 at … After running the ad, Brown displayed the nickels in 1920 at an ANA convention. All rights reserved. a redbook guide to shield & liberty head nickels 1866 to 1913 new&unused c.2015. Mehl handled many great rarities, including the famous 1804 silver dollar, fondly called “The King of American Coins.” However, try as he might, he had never been able to buy a 1913 Liberty Head nickel! 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. For several years numismatists had been endeavoring to get hold of the treasures in the Green collection, but their approaches must not have been right, or the bank wasn’t ready, or there may have been other reasons, for all were rebuffed. How do we know this? 1942 57,900,000 32,900,000 Silver variety, from 1942 to 1945 nickels were made using 35% silver. Perhaps the most active of all rare coin dealers was B. Max Mehl, who held forth in business from an elaborate office in his own Mehl Building on Magnolia Avenue in Fort Worth, Texas. More recently, the 1913 Liberty Head nickel has belonged to the family of Dr. William Morton-Smith, an old-time collector whose numismatic interests were spurred by a remarkable discovery. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece.It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. 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