1913 Liberty Head Nickel: The 1913 Liberty Head Nickel is one of the most fascinating and valuable coins in U.S. history. With only five known specimens in existence, it remains a highly sought-after treasure in the world of numismatics. This rare coin has captivated collectors for decades, with its value soaring into the millions.
But what makes the 1913 Liberty Head Nickel so special? From its mysterious origins to its record-breaking auction sales, this coin is more than just a piece of metal—it’s a historical enigma. In this article, we’ll explore its history, the five legendary specimens, and why it continues to break records in the world of rare coins.
Quick Overview of the 1913 Liberty Head Nickel
| Specimen Name | Current Location | Noteworthy Details |
| Eliasberg Specimen | Private Collection | Sold for $5 million in 2007, the highest price ever for this coin. |
| Olsen Specimen | Private Collection | Featured in Hawaii Five-O, sold for $3.7 million in 2010. |
| Walton Specimen | Private Collection | Thought lost for decades, rediscovered in 2003. |
| Norweb Specimen | Smithsonian Institution | Publicly displayed at the National Numismatic Collection. |
| McDermott Specimen | American Numismatic Association Museum | Only one with visible wear, hinting at brief circulation. |
The Mystery Behind the 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel has one of the most intriguing origin stories in numismatics. Officially, the U.S. Mint stopped producing Liberty Head Nickels in 1912, switching to the Buffalo Nickel in 1913. Yet, five nickels bearing the 1913 date somehow emerged—despite no official records of their production.
Many experts believe these coins were secretly struck at the Philadelphia Mint by an employee, possibly as a private experiment or for personal gain. The first public mention of these nickels came in 1920 when Samuel W. Brown, a former Mint employee, advertised them for sale. This only deepened the mystery surrounding their creation.
The Five Famous Specimens
1. The Eliasberg Specimen – The Most Valuable
The Eliasberg Specimen is the finest known 1913 Liberty Head Nickel, graded Proof-66. It once belonged to Louis E. Eliasberg, the only collector to ever assemble a complete set of U.S. coins. This coin set a record when it sold for $5 million in 2007.
2. The Olsen Specimen – Hollywood’s Favorite
The Olsen Specimen is famous for its cameo appearance in a 1973 episode of Hawaii Five-O. It has changed hands multiple times, fetching $3.7 million in 2010.
3. The Walton Specimen – The Lost Treasure
This coin was lost for decades after its owner, George Walton, died in a car crash in 1962. For years, experts believed it was missing or even a fake. In 2003, it was rediscovered, authenticated, and confirmed as one of the original five.
4. The Norweb Specimen – A National Treasure
Unlike the others, the Norweb Specimen is not privately owned. It resides in the Smithsonian Institution, where the public can view it as part of the National Numismatic Collection.
5. The McDermott Specimen – The Only Worn Coin
This is the only 1913 Liberty Head Nickel with visible wear, suggesting it may have been briefly circulated before being recognized as a rarity. It is now displayed at the American Numismatic Association Museum.
Why Is the 1913 Liberty Head Nickel So Valuable?
1. Extreme Rarity
With only five coins in existence, the 1913 Liberty Head Nickel is among the rarest U.S. coins ever produced.
2. A Mystery That Adds to Its Appeal
The fact that these coins were struck without authorization makes them even more desirable. Collectors love a good mystery, and this nickel is one of the greatest in numismatic history.
3. Rich Ownership History
Each of the five specimens has a unique history, passing through the hands of famous collectors and setting record-breaking prices at auctions.
4. Flawless Craftsmanship
The Eliasberg Specimen, in particular, is in near-perfect condition, graded Proof-66. Such pristine preservation enhances its value.
5. A Cultural Icon
Beyond its numismatic significance, the coin has gained pop culture recognition, thanks to its appearance in TV shows and its legendary status among collectors.
Record-Breaking Sales History
Over the years, the 1913 Liberty Head Nickel has continued to shatter auction records:
- 1996 – The Eliasberg Specimen became the first coin to sell for over $1 million.
- 2005 – Sold for $4.15 million to collector Bruce Morelan.
- 2007 – The Eliasberg Specimen broke records again, selling for $5 million.
- 2010 – The Olsen Specimen was auctioned for $3.7 million.
With prices continuing to climb, some experts predict the next sale could exceed $10 million!
The 1913 Liberty Head Nickel’s Legacy
The 1913 Liberty Head Nickel is more than just a rare coin—it’s a symbol of American history, mystery, and craftsmanship. Its unusual backstory, extreme rarity, and record-breaking prices make it one of the most legendary coins in numismatics.
Even if you never own one, this coin serves as an inspiration for collectors worldwide. Whether you’re a seasoned numismatist or just starting, the hunt for rare coins is always thrilling!
FAQs
Why were only five 1913 Liberty Head Nickels made?
There is no official record of their production, but experts believe they were struck secretly by a Mint employee, possibly as prototypes or for personal gain.
Which 1913 Liberty Head Nickel is the most valuable?
The Eliasberg Specimen holds the record for the highest sale price, fetching $5 million in 2007.
Where can I see a 1913 Liberty Head Nickel?
Two specimens are available for public viewing—one at the Smithsonian Institution and another at the American Numismatic Association Museum.
Can I find a 1913 Liberty Head Nickel in circulation?
No. All five specimens are accounted for, and none have been in circulation for over a century.
Are there other coins as rare as the 1913 Liberty Head Nickel?
Yes, coins like the 1804 Draped Bust Dollar and the 1933 Saint-Gaudens Double Eagle are also extremely rare and valuable.
Final Thoughts
The 1913 Liberty Head Nickel is a true numismatic marvel. Its mystery, rarity, and astonishing value make it one of the most famous coins ever struck. Whether you’re a serious collector or simply fascinated by rare coins, this nickel’s story is one that continues to amaze.
Do you love rare coins? Share your thoughts in the comments or explore more articles on incredible numismatic treasures! 😊
