The 1913 Liberty Head Nickel: The RARE NICKEL known as the 1913 Liberty Head Nickel is a dazzling enigma in the world of coin collecting. With only five specimens in existence, its rarity is matched only by its fascinating and mysterious backstory. This elusive coin first surfaced in 1920, and since then, it has consistently shattered auction records, including a jaw-dropping $5 million private sale in 2007.
But what makes this nickel so special? From its secretive origins to its status as a collector’s “holy grail,” the 1913 Liberty Head Nickel continues to intrigue enthusiasts and experts alike. In this article, we’ll explore the coin’s history, its legendary specimens, and the reasons behind its extraordinary value.
A Quick Overview of the 1913 Liberty Head Nickel
| Specimen Name | Location | Noteworthy Details |
| Eliasberg Specimen | Private Collection | Graded Proof-66; sold for $5 million in 2007, making it the most expensive of the five. |
| Olsen Specimen | Private Collection | Featured in Hawaii Five-O; sold for $3.7 million in 2010. |
| Walton Specimen | Private Collection | Lost for decades and rediscovered in 2003, confirming its authenticity. |
| Norweb Specimen | Smithsonian Institution | A centerpiece of the National Numismatic Collection, available for public viewing. |
| McDermott Specimen | American Numismatic Association Museum | Only specimen with signs of wear, hinting at brief circulation before it was preserved. |
How the RARE NICKEL Came to Be
The 1913 Liberty Head Nickel has an origin story shrouded in mystery. Officially, the U.S. Mint transitioned from the Liberty Head design to the Buffalo Nickel in 1913. Yet, five Liberty Head Nickels bearing the 1913 date were somehow struck at the Mint.
There is no record of their authorized production, leading many to believe they were created covertly by a Mint employee, possibly for personal gain or as prototypes. Former Mint employee Samuel W. Brown first revealed their existence in 1920, sparking decades of speculation about their true origins.
The Five Famous Specimens
Each of the five known 1913 Liberty Head Nickels has a unique story that enhances its appeal:
1. The Eliasberg Specimen
This is the finest example of the five, graded Proof-66 by the Professional Coin Grading Service (PCGS). Its impeccable condition and storied provenance, including ownership by renowned collector Louis E. Eliasberg, make it the most valuable specimen. It was sold for a record $5 million in 2007.
2. The Olsen Specimen
Popularly known for its cameo appearance in a 1973 episode of Hawaii Five-O, this coin has a vibrant history. It was sold for $3.7 million in 2010 and remains one of the most recognizable specimens.
3. The Walton Specimen
Once thought lost after a 1962 car accident, this coin was rediscovered in 2003, authenticated, and restored to its place among the five legendary nickels.
4. The Norweb Specimen
This coin is a gift to the public, residing at the Smithsonian Institution as part of the National Numismatic Collection. It is frequently viewed by coin enthusiasts and history buffs.
5. The McDermott Specimen
Unlike the others, this coin shows signs of wear, suggesting it may have briefly circulated before being preserved. It is now displayed at the American Numismatic Association Museum.
Why Does the 1913 Liberty Head Nickel Command Such Value?
Several factors contribute to the staggering worth of this RARE NICKEL, making it one of the most sought-after coins in the world:
1. Extreme Rarity
The scarcity of the 1913 Liberty Head Nickel cannot be overstated. With only five ever made, its rarity places it in an elite class of collectibles.
2. A Compelling Mystery
The unanswered questions surrounding its production add to its allure. Coins with mysterious origins often captivate collectors, and this one is no exception.
3. Rich Provenance
Each specimen has a fascinating history of ownership, including appearances in prominent collections like that of Louis E. Eliasberg, the only person to ever assemble a complete collection of U.S. coins.
4. Impeccable Craftsmanship
The Eliasberg Specimen, in particular, is graded at Proof-66, signifying nearly flawless preservation. Coins in such excellent condition are incredibly rare and highly valued.
5. Cultural Icon Status
Its appearance in media, such as Hawaii Five-O, and its status as a numismatic marvel have made it a cultural icon, recognized even beyond coin-collecting circles.
A Record-Breaking Sales History
The 1913 Liberty Head Nickel has repeatedly broken records in the numismatic world:
- 1996: The Eliasberg Specimen became the first coin to surpass $1 million at auction.
- 2005: Purchased for $4.15 million by collector Bruce Morelan and Legend Numismatics.
- 2007: Sold to a private collector in California for $5 million, setting a new benchmark for rare coins.
- 2010: The Olsen Specimen fetched $3.7 million in a separate auction.
These sales highlight the enduring appeal and investment potential of this RARE NICKEL.
The 1913 Liberty Head Nickel’s Legacy
The legacy of this nickel extends far beyond its monetary value. It represents a piece of American history, a relic of a bygone era in coin production, and a testament to the artistry of the U.S. Mint. Its mystery, rarity, and cultural impact ensure that it will remain a topic of fascination for generations to come.
Even for those who may never own it, the 1913 Liberty Head Nickel inspires curiosity and appreciation for numismatics as both a hobby and a historical pursuit.
FAQs
Why were only five 1913 Liberty Head Nickels made?
The exact reason remains unknown, but it’s believed they were struck without authorization, possibly as prototypes or for private use.
What makes the Eliasberg Specimen the most valuable?
It is the best-preserved example, graded Proof-66, and boasts a prestigious ownership history, adding to its appeal.
Where can I view a 1913 Liberty Head Nickel?
The Smithsonian Institution and the American Numismatic Association Museum both display specimens.
Are there other coins as rare as the 1913 Liberty Head Nickel?
While other rare coins exist, few rival the combination of mystery, history, and value that defines this particular nickel.
Final Thoughts
The 1913 Liberty Head Nickel is a true gem in the world of numismatics. Its rarity, captivating backstory, and record-breaking sales ensure that it remains one of the most iconic coins ever produced. For collectors and history enthusiasts alike, this RARE NICKEL symbolizes the enduring allure of uncovering history through numismatics.
If you’ve enjoyed learning about this incredible coin, feel free to share your thoughts in the comments or explore more fascinating stories in the world of collectible coins. Your next discovery could be just as thrilling!
