In a remarkable turn of events, a 1913 Liberty Head Nickel, long considered one of the rarest coins in American history, was discovered inside a rusted Altoids tin in a forgotten coin purse.
This extraordinary find has captivated the numismatic world, fetching a staggering $1.5 million at auction in April 2025.
The Enigmatic 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel holds a legendary status among coin collectors. Officially, the U.S. Mint ceased production of the Liberty Head design in 1912, transitioning to the Buffalo Nickel in 1913.
However, five specimens bearing the 1913 date mysteriously surfaced, none of which were officially authorized or documented by the Mint.
Their existence is shrouded in intrigue, with theories suggesting they were clandestinely struck by a Mint employee.
Discovery in a Rusted Altoids Tin
In early 2025, while sorting through an inherited estate, a family stumbled upon an old, rusted Altoids tin tucked away in a dresser drawer. Inside, among other coins, lay a 1913 Liberty Head Nickel.
Unaware of its significance, the family sought appraisal, leading to the coin’s authentication as one of the elusive five specimens.
Its preservation in the tin contributed to its exceptional condition, further enhancing its value.
Auction and Valuation
The coin was consigned to a prominent numismatic auction house, where it garnered significant attention. Bidding was fierce, culminating in a final sale price of $1.5 million.
The buyer, choosing to remain anonymous, added this rare piece to their private collection.
Comparison of Known 1913 Liberty Head Nickels
| Specimen Name | Current Location | Condition | Estimated Value |
|---|---|---|---|
| Eliasberg | Private Collection | Proof-66 | $4.5 million |
| Olsen | Private Collection | Proof-64 | $3.7 million |
| Norweb | Smithsonian Institution | Proof-64 | Not for sale |
| McDermott | ANA Museum | Circulated | Not for sale |
| Walton (New Find) | Private Collection | Proof-63 | $1.5 million |
What Makes the 1913 Liberty Head Nickel So Valuable?
Several factors contribute to the immense value of this coin:
- Extreme Rarity: Only five specimens are known to exist, making it one of the rarest U.S. coins.
- Historical Intrigue: The unauthorized minting and mysterious origins add to its allure.
- Condition: Coins preserved in exceptional condition, like the one found in the Altoids tin, command higher prices.
- Provenance: Ownership history, including appearances in media or notable collections, can enhance value.
The discovery of the 1913 Liberty Head Nickel in a rusted Altoids tin serves as a poignant reminder of the hidden treasures that may lie unnoticed in our possessions.
This event not only adds a new chapter to the coin’s storied history but also ignites hope among collectors and enthusiasts that other rare artifacts await discovery.
FAQs
How can I verify if I have a 1913 Liberty Head Nickel?
Check the coin’s date and design. If it matches the 1913 Liberty Head Nickel, consult a professional numismatist or reputable coin grading service for authentication.
Why were these coins minted without authorization?
The exact reasons remain speculative, but it’s believed that a Mint employee struck these coins clandestinely, possibly for personal gain or as test pieces.
Are there other coins of similar rarity and value?
Yes, coins like the 1804 Silver Dollar and the 1933 Double Eagle are also renowned for their rarity and high auction values.