Reproduced with permission from the May 2021 edition of The Numismatist, official publication of the American Numismatic Association. While I did find a decent quantity of junk silver coins, the most interesting pieces I pulled were a 75% delaminated state quarter and a blank pre-82 95% copper planchet. Breaking up the set for the first time, they sold the coins to others. 1917-S Buffalo Nickel. Before graduating from American University in Washington D.C., he worked for Save the Children creating and running international development projects. While this defect is very distinct[ive], it does not appear on all of Hennings reverse dies. When he died in 1936, the coins were auctioned along with his estate. 1918/7-D Buffalo NickelDoubled If the stars have good texture with minimal wear and tear, then your coin may be graded fine. This was the first coin to break the million What was the story behind these counterfeit coins? The 1944 dated type is usually the only example available to collectors. 1. At any rate, a total of five specimens were taken from the Mint and kept by Brown. Today the 1913 Liberty Head nickel has taken the lead, gaining the top position in the 100 greatest U.S. coins.. The coin's seemingly huge price tag was allegedly a All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. The Buffalo nickel, a uniquely American coin designed by James Earle Fraser, debuted in 1913. Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million, PCGS.com. The reverse suffers from the same soft details of the obverse, especially around the periphery. Dannreuthers conclusion was that the specimens were produced in this order: Smithsonian, Olsen, Eliasberg, Walton and McDermott. Accessed August 1, 2016. Also, the United States Mint had returned to the cupronickel standard for nickels and was able to melt and refine a large number of blanks recover from Hennings Erial facility as well as approximately 40,000 coins ($2,000 face value) salvaged from the Cooper Creek for use in striking authentic coins that year. The Liberty Head nickel was a five-cent piece struck for circulation between 1883 and 1912. The reason for this becomes clear after examining the edge, which numismatists sometimes call the third side of a coin. Who was Henning? According to the Heritage Auction listing (2010 January Orlando, FL, FUN US Coin Auction #1136, Lot #2455), circa 1975 Bowers and Ruddy Galleries bought a half interest in the Olsen specimen, but then changed their mind and sold their interest back to World Wide. It appears that the reverse die used to strike the nickels wasnt fully situated in the coin press. If you have a 1913 nickel it should look like the Indian Head variety. In addition to the incorrect weight and edge seam, other telltale signs include artificial toning (to give both sides a uniform look) as well as the absence of the typical ring sound that is heard when a coin is lightly tapped. A. Even before labor, the production costs of his counterfeit nickels cost Henning between 3-3.5 cents per coin. WebReal vs. These are very common now, coming from China. The first nickels (worth five cents and made from a nickel-copper combination like the contemporary nickel) were made in 1866. Want news like this delivered to your inbox once a month? Accessed August 1, 2016. The Secret Service finally took serious notice when a teller at the Pennsauken National Bank in Pennsauken, New Jersey reported a few months later that he had $2.40 in suspected counterfeit nickels from Henning. You've been subscribed to the NGC eNewsletter. It's crazy how far crooks will go to make a buck and deceive good people. If the stars are crisp and clear with no signs of erosion, your coin may be in extremely fine condition. TheWalton specimen, whichhas been the subject of recent news stories,is scheduled for public auction on April 24, 2013. In February of 1913, the Indian Head (Buffalo) nickel was introduced to replace the Liberty Head design. It is most likely a transfer-die counterfeit, made using a die copied from another coin. Both sides of this coin offer clues that it isn't genuine. The coin was sold to Ambassador Henry Norweb and his wife by the Numismatic Gallery. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. At an auction in Schaumburg, Illinois, last week, the heirs were shocked when their coin sold for $3,172,500. Is this image real or fake? 1913-S Buffalo Nickel Type 2 FAKE. But on his way to the coin show, his car crashed and burst into flames, killing him while the coin emerged unscathed. The Unknown Origins of the 1913 Liberty Head V Nickel In December of 1919, a man named Samuel Brown placed an advertisement in a few different numismatic publications, such as The Numismatist, seeking a 1913 Liberty Head nickel in proof condition, if possible. Notice how sharp and well-defined the word CENTS is on the genuine example, whereas on the fake it melts into the field. It is important to note that it is technically illegal to own any counterfeit currency, but it is highly unlikely that the Secret Service will be knocking on your door for owning one of these pieces. In the world of coin collecting today, one of the most sought after of rare coins is the 1913 Liberty Head Nickel. It turned out that I had found a counterfeit Henning nickel. January 30, 2013. How much is it worth? Top 5 Things NOT to Do Before Bringing Your Coins to a Dealer, "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 Million. Did you know? Real B. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. According to his testimony, Henning purchased almost $6,800 of Monel (an alloy of 79.1 % copper, 20.5 % nickel, and 0.4 % iron) in early 1954 from the Scoville Manufacturing Company. Its so crazy what people will do for others money. CU | The 1885 V-Nickel is the coin that is most sought after by dealers as well as collectors. WebIn 1996, numismatic history was made as Jay Parino paid over 1 million dollars for the Eliasberg specimen of the 1913 liberty nickel. Due to the advertising of B. Max Mehl, people have been looking for this coin for nearly 80 years., On this, Walter Breen writes in his Encyclopedia: , "During the Great Depression, the Fort Worth, Tex., dealer B. Max Mehl carried on a years-long newspaper advertising campaign (which he later admitted had cost him over a million 1930s dollars! April 26 (Reuters) - One of the rarest American coins has been sold at auction for $3.17 million after being thought of as a fake and stashed away in a closet in Not made by striking a die against a coin blank like most coins. This authentic 1913 Liberty Head nickel was hidden in a Virginia closet for 41 years after its owners were mistakenly told it was a fake. Questions and Answers 1. Thanks for these examples.. People will always try to cheat.. Great examples, thanks. Author Q. David Bowers It exchanged hands a few times before ending up at the ANA museum where it is on display. It is not a nickle nor is it a 1913 Liberty Head and it appears to be an attempted replica. Samuel W. Brown (employed at the mint from 1903 to November 1913) - August Wagner (who advertised $3 Garage Sale Bowl Makes Family $2 Million Richer. In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. At the end of his counterfeiting run, it turns out Henning lost almost $7,000 ($71,042 adjusted for inflation). sold for $3.1 million at an auction Thursday, 1913 Liberty Head coin sold for $5 million in 2007, Flowing Hair dollar minted in 1794 sold for $7.85 million. Tyler is an avid numismatist and for over a decade has cultivated a deep interest in pre-modern and ancient coinage from around the world. Blaire Briody is a contributing editor at The Fiscal Times. It was then donated to the American Numismatic Association, which has it on display in the Money Museum. The ANA serves the academic If you have one that is in pristine condition, it could potentially sell for as much as $2000. But it's the coin's back story that adds to its cachet: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades then declared the real deal. Above are the obverses of a genuine Liberty Nickel on the left and the fake on the right. I have attached an image of each of these, as holdered in ICG Educational holders. Other examples average 4.85 grams, which is well within the weight tolerance of moderately circulated mint-struck nickels. Another main way to identify these counterfeits is the low spot or void on the left-hand leg in the r on Pluribus. The Liberty Head nickel is also known as the V nickel because of the Roman number V on its reverse side. 1912-S Liberty V Nickel isn't too difficult to authenticate, unless the coin is heavily circulated and the mint mark is flat and Even with considerable wear and tear, an 1885 V-Nickel may be worth nearly $400. Besides the missing mintmark, there are several ways to identify a Henning nickel. Value $0.2 - $9. 5 Cents "The Victory Nickel" 2020. Country Canada Year 2020. Silver Partially Gilt V Cents "The Victory - Legacy of the Canadian Nickel" 2015 KM# 1942. In January of 1924, Philadelphia coin dealer August Wagner advertised the five 1913 V nickels for sale. V-Nickels dated pre-1897 can command significant premiums and many are worth $4 to $5 a piece. Among other changes, Barber cut away the mound under the buffalo at the bottom of the reverse, truncating it in a horizontal line just above the words FIVE CENTS. PSE | Ron Guth. - YouTube A mysterious email we got may tell the tale? Silver Nickels. While the stars are a good starting point, you will also want to closely examine other coin details such as the date or V in a similar fashion. Another theory, however, is provided to us by Lee F. Hewitt, founder and publisher of Numismatic Scrapbook, who said it would have been perfectly legal in early January 1913 to produce a 1913 Liberty nickel at the Mint. The Olsen specimen changed hands a number of times before it was famously featured on an episode of Hawaii Five-O. I have a 1939 nickel with a crack in it. The value of a V-Nickel depends on its minting year, relative scarcity and other factors. Therefore, this was quite a serious counterfeiting threat. 1913 5C Liberty PR64 NGC. But the date is different, and a very clever set of circumstances ensured that the coins bearing it became memorable, twentieth-century legends. There are several theories associated with the creation of the 1913 Liberty (V) nickel. Is this image real or fake? Rare nickel is one of only five 1913 Liberty head nickels. WebThe 1913 Liberty head five-cent piece, or nickel, falls into this category. You can purchase these for around $10. A. One of the more unusual silver coins was the Jefferson Nickel of 1942 to 1945. Others, however, interpret the sixth hole in the case as meaningless. I have a nickel with a long p and a s 1943 and 1941 and 1935, I have found 6 I am unsure what years I have I do know I have a total of 6 with the years listed I have found All 6 in San Diego California In 5 months. Coins (2008). His Liberty Head nickel specimen was located at the crash scene along with many other valuable coins. Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891. The high mintage from Philadelphia means these carry little premium today. RELATED: 15 Shocking Auction Sales. These coins have not been minted since 1913, and the older they get the more potentially valuable they may be. Please try again later. WebThe first would be an altered date, as noted above. WebPublic Auction: "April 4th Antique, Gun, Jewelry, Coin & Collectibl" by Pot of Gold Estate Liquidations DBA AZFirearms.com. Talk about gathering interest: a nickel from 1913 heading to auction in April may fetch more The transaction was brokered by John Albanese. It's a black eye on our hobby. There are only five known confirmed coins in existence. You can easily use a magnifying glass to check the coins mintmark on its reverse. Its fame grew in leaps and bounds every time it broke a new price record. This incredibly rare coin is the stuff of numismatists dreams. George Owen Walton was a quiet and secretive man who worked as an estate appraiser for banks. It was known that Brown had been an employee of the U.S. Mint during the year 1913. Filed in: Coins The chances of finding a new one is infinitesimally small. In January 1924, Samuel Fake Please try again later. Join NGC for free to add coins, track your collection and participate in the NGC Registry. Also, I have around 20 or so nickels with dates of 44, 46, 47 and 53, but I do not know if they are Henning nickels, even after reading all I can find on the subject. Very nice blog. I have an 1804 Silver Dollar. Boyd of New York and sold in 1942 through B.G. Taking a genuine Liberty Nickel, usually dated 1903, 1910 or 1912. 1916 Buffalo NickelDoubled Die Obverse. A man named Samuel Brown A rare 1885 V-Nickel, however, may garner a premium of nearly $400. Later, local New Jersey numismatist Harmen K. Rogers spotted the incongruity on a wartime nickel without the large mintmark and reported his findings to the government in October 1954. Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891. The authors write: Twenty years ago, if you asked any collector or dealer to name the three most valuable American coins, the response would most likely have been the following: 1804 Silver Dollar, 1894-S Dime, and 1913 Liberty Head Nickel. SMS nickels VS high grade MS, can you tell the difference?? See photos and more auction details on AuctionZip.com Now. But it's the coin's back story that adds to its cachet: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades then declared the real deal. As a Numismatist it hurts to hear about these things. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, http://www.pcgs.com/News/Pedigree-Of-Five-Known-1913-Liberty-Nickels, http://coins.ha.com/itm/proof-liberty-nickels/1913-5c-liberty-pr64-ngc/a/1136-2455.s, PCGS-Certified Walton 1913 Liberty Head Nickel Sells For $3.1 Million, New Record Price for 1913 Liberty Nickel: $4.15 Million, Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million, U.S. Mint: September Sale Date for Standing Liberty Gold Coins, World Coins Austria 2016 Mozart: The Legend 20 Euro Silver Coin, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome. 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Turned out that i had found a counterfeit Henning nickel low spot or void the. Henry Norweb and his wife by the Numismatic Gallery 1918/7-d Buffalo NickelDoubled if stars... Tyler is an avid Numismatist and for over a decade has cultivated a deep interest in pre-modern ancient., last week, the Indian Head variety obverse, especially around the periphery the Liberty Head.. Wasnt fully situated in the world coin that is most likely a transfer-die counterfeit, made using die... Running international development projects was quite a serious counterfeiting threat first nickels ( worth cents! Pre-Modern and ancient coinage from around the periphery is one of the most after! Recent news stories, is scheduled for public auction on April 24, 2013 missing mintmark, there are theories... Confirmed coins in existence Collectibl '' by Pot of Gold estate Liquidations DBA AZFirearms.com killing while!
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