The 1913 Liberty Head Nickel stands as one of the most coveted and valuable coins in American numismatic history. With only five known examples in existence, this coin has captured the fascination of collectors and investors for over a century. If you happen to own one, you could be in possession of a multimillion-dollar rarity-one of these nickels was auctioned for an astonishing $6.25 million!
Could this legendary coin be in your collection? Let’s dive into its history, key identifying features, current market value, and how to sell it for the highest possible price.
Table of Contents
The History of the 1913 Liberty Head Nickel
Designed by Charles E. Barber, the Liberty Head Nickel was minted from 1883 until 1912. However, in 1913, the U.S. Mint transitioned to the Buffalo Nickel, effectively replacing the Liberty Head design.
Despite this transition, five Liberty Head Nickels dated 1913 mysteriously appeared, though there was no official record of their production. Many experts believe that an insider at the Philadelphia Mint secretly struck these coins, possibly as a private keepsake or for an exclusive collector. By the 1920s, the 1913 Liberty Head Nickel had already reached legendary status.
Identifying a 1913 Liberty Head Nickel
If you suspect you might have this rare coin, examine it closely for these distinct features:
Obverse (Front)
- Portrait of Lady Liberty facing left, adorned with a coronet inscribed with “LIBERTY.”
- Thirteen stars encircling the portrait, symbolizing the original American colonies.
- The date “1913” positioned at the bottom.
Reverse (Back)
- A large Roman numeral “V” (5) at the center, representing its denomination.
- The phrase “E PLURIBUS UNUM” above the numeral.
- “UNITED STATES OF AMERICA” and “CENTS” inscribed below.
Unique Minting Details
- No mint mark, as it was allegedly struck in Philadelphia.
- Extremely sharp details and proof-like surfaces, indicating it was not intended for general circulation.
Market Value of the 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is among the most expensive coins ever sold. Here’s a breakdown of its estimated value based on condition:
| Condition (Grade) | Estimated Value |
|---|---|
| Fine (F-12) | $1.5 million – $2.5 million |
| Extremely Fine (EF-40) | $3 million – $4 million |
| About Uncirculated (AU-50) | $5 million – $5.5 million |
| Mint State (MS-63) | $6 million – $6.25 million |
One of the most famous examples, known as the Eliasberg specimen, sold for $6.25 million in 2021. Another changed hands for $4.56 million in a private transaction.
How to Authenticate a 1913 Liberty Head Nickel
If you believe you have this rare coin, follow these steps to verify its authenticity:
Step 1: Check the Date
Ensure the date “1913” is clearly visible below Lady Liberty’s portrait. If it is, further verification is needed.
Step 2: Inspect the Details
Genuine 1913 Liberty Head Nickels have sharp, proof-like details that differ from regular Liberty Head Nickels produced between 1883 and 1912.
Step 3: Perform a Magnet Test
The real 1913 Liberty Head Nickel is made of 75% copper and 25% nickel, making it non-magnetic. If the coin sticks to a magnet, it is a counterfeit.
Step 4: Seek Professional Authentication
For definitive confirmation, submit the coin to a professional grading service such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Company (NGC).
Where to Sell a 1913 Liberty Head Nickel
If you own an authentic 1913 Liberty Head Nickel, you possess a remarkable piece of history. Here’s how to sell it for top dollar:
1. Major Auction Houses
Leading auction houses like Heritage Auctions, Stack’s Bowers, and Sotheby’s attract high-end collectors and can help fetch record-breaking prices.
2. Private Collectors
Some affluent numismatists are eager to acquire a 1913 Liberty Head Nickel through private sales, often paying millions for the privilege.
3. Online Coin Marketplaces
Platforms like PCGS CoinFacts Marketplace and GreatCollections provide an avenue for listing rare coins for sale.
4. Coin Shows & Conventions
Attending major numismatic events can connect you with top collectors and dealers who specialize in rare coins.
Conclusion
The 1913 Liberty Head Nickel is one of the rarest and most valuable coins in existence. With only five known examples, its value has soared to as high as $6.25 million.
If you think you own one of these legendary coins, have it professionally authenticated and graded to confirm its legitimacy. Whether you decide to sell it or keep it as a treasured collectible, this coin remains a true gem in the world of numismatics.
FAQs
1. Why is the 1913 Liberty Head Nickel so valuable?
Only five examples were ever produced, making it one of the rarest U.S. coins. Its mysterious origins and immense collector demand contribute to its high value.
2. How can I determine if my 1913 Liberty Head Nickel is genuine?
Check the date, look for proof-like surfaces, test its non-magnetic properties, and have it authenticated by PCGS or NGC.
3. What is the most expensive 1913 Liberty Head Nickel ever sold?
The Eliasberg specimen holds the record, selling for $6.25 million in 2021.
4. Can I sell a 1913 Liberty Head Nickel without grading it?
While possible, professional grading by PCGS or NGC significantly increases buyer confidence and boosts its market value.
5. Where is the best place to sell a 1913 Liberty Head Nickel?
The top options include major auction houses, private collectors, and reputable numismatic marketplaces.
