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1913 Liberty Nickel Going To Auction $2 Million Expected

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Valued Member

United States
462 Posts
 Posted 01/29/2013  10:12 am Show Profile   Bookmark this topic Add KisNap to your friends list Get a Link to this Message Number of Subscribers
5 made it out of the mint. This is the last unaccounted for one. They're expecting that it goes for at least $2,000,000.

http://www.foxnews.com/us/2013/01/2...cmp=features
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weerdsteev's Avatar
United States
1291 Posts
 Posted 01/29/2013  11:23 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
A paragraph in the article said this:

"The nickel made its debut in a most unusual way. It was struck at the Philadelphia mint in late 1912, the final year of its issue, but with the year 1913 cast on its face -- the same year the beloved Buffalo Head nickel was introduced"

Indian Head nickel or Buffalo nickel, but NOT Buffalo Head! (Sort of like saying "My Face" when you meant MySpace or Facebook!)

Read more: http://www.foxnews.com/us/2013/01/2...xzz2JNk9nuQ4
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mds308's Avatar
United States
1721 Posts
 Posted 01/29/2013  11:57 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
You're a little low. I read 2.5 million.
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zookr's Avatar
United States
335 Posts
 Posted 01/29/2013  12:57 pm  Show Profile   Bookmark this reply Add zookr to your friends list Get a Link to this Reply
And possibly as much as $5 mil. -
With the other four being in a museum, a collector piece for certain!

http://www.courierpostonline.com/vi...net-millions
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matthewvincent's Avatar
United States
3486 Posts
 Posted 01/29/2013  1:26 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
http://www.money.org/media/3106/ANA...eyMuseum.pdf

As I recall, the exhibit had been set up for four nickels. At the 11th hour a fifth was presented and
quickly the exhibit was modified.
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/29/2013  2:19 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
The present owners name is "Mudd"

Dr. Mudd gave medical help to John Wilkes Booth, who broke his leg while escaping after shooting Lincoln in 1865. Mudd was convicted of being Booth's conspirator, although the evidence against him was ambiguous and circumstantial, and many historians argue that he was innocent of any murderous intent. He has since been pardoned and there's even a Facebook site dedicated to salvaging his reputation.

http://www.phrases.org.uk/meanings/...-is-mud.html


Quote:
Sort of like saying "My Face" when you meant MySpace or Facebook


I thought it was "SpaceFace"?
Edited by oih82w8
01/29/2013 2:21 pm
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ericmckeown's Avatar
United States
379 Posts
 Posted 01/29/2013  3:33 pm  Show Profile   Bookmark this reply Add ericmckeown to your friends list Get a Link to this Reply
I hear 2.5 also, but check the top of Classic US forum for link. $5M
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inventor719's Avatar
Canada
189 Posts
 Posted 01/29/2013  3:43 pm  Show Profile   Bookmark this reply Add inventor719 to your friends list Get a Link to this Reply
I wish I had that coin!
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Conder101's Avatar
United States
17884 Posts
 Posted 01/29/2013  4:07 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Don't worry Weerdsteev, there was a LOT in that article that made me wince.


Quote:
It was surreptitiously and illegally cast,

Cast?


Quote:
It was struck at the Philadelphia mint in late 1912, the final year of its issue, but with the year 1913 cast on its face

So was it struck or was it cast, make up your mind.


Quote:
Mudd said a mint worker named Samuel W. Brown is suspected of producing the coin and altering the die to add the bogus date.

I'm sure Mudd said no such thing. The die was not altered to add a bogus date, the 1913 dies were made because no decision had been made yet as to the adoption of the Buffalo nickel and they would need dies on hand at the first of the year if the decision didn't come in time.


Quote:
The coins' existence weren't known until Brown offered them for sale at the American Numismatic Association Convention in Chicago in 1920, beyond the statute of limitations.

The statute of limitations period does not begin until after a theft has been discovered. If the government wanted to go after Brown the statute of limitations period would have STARTED in 1920 after they were revealed.


Quote:
One of Walton's heirs, his sister Melva Givens of Salem, Va., was given the 1913 Liberty nickel after experts declared the coin a fake because of suspicions the date had been altered. The flaw probably happened because of Brown's imprecise work casting the planchet -- the copper and nickel blank disc used to create the coin.

I have some doubts which coin Stacks saw in 1962. Walton was known to have an altered date 1913 V nickel as well. Stacks may have been shown the altered date coin after the accident. When the real one showed up at the ANA convention the person who saw the coin in 1962 no longer worked for Stacks and they were unable to say who had seen it. And Brown's imprecise work casting the planchet? One, planchets aren't cast, and two why would Brown cast one when the mint had thousands of them available laying around.


Quote:
Melva Givens put the coin in an envelope and stuck it in a closet, where it stayed for the next 30 years until her death in 1992.
The coin caught the curiosity of Cheryl Myers' brother, Ryan, the executor of his mother's estate. "He'd take it out and look at it for long periods of time," she said.

When it showed up the Walton family said at that time that it had been put in the closet in 1962 and not brought out since.


Quote:
A team of rare coin experts concluded it was the long-missing fifth coin. Each shared a small imperfection under the date.

I'm not aware of any imperfection under the date on these coins.
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Coinstar's Avatar
United States
1510 Posts
 Posted 01/29/2013  5:12 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
I think If I had that I would sell it to a museam with better security than my house
Retired USAF 1983-2003
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BisonMatt's Avatar
United States
239 Posts
 Posted 01/29/2013  5:37 pm  Show Profile   Bookmark this reply Add BisonMatt to your friends list Get a Link to this Reply
I think it will go for 3.5m...anybody want to go in together on it. I have $25 in my wallet right now that I would throw in to a group collection, lets let CCF be the new owners
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GoldenChest's Avatar
United States
814 Posts
 Posted 01/31/2013  01:29 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
If we could truly raise that much money id throw down a cool $1000. heck id go get a bigger loan if need be. I see it going for $5 million . I am writing a letter to the editor about their complete lack of knowledge and misinformation about this coin.
And no mention of the missing rumored 6th coin. I will be on that stretch of highway with a metal detector. I firmly believe Walton had two of them.
Edited by GoldenChest
01/31/2013 01:36 am
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Conder101's Avatar
United States
17884 Posts
 Posted 01/31/2013  09:38 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
There is no sixth coin. That rumor started because the custom holder that was made to hold the five pieces had more than five holes. The story usually says that the holder had six holes and that shows that one in still missing. But the holder actually has eight holes and the other three holes contained a pattern buffalo, a Buffalo struck in copper, and a regular issue type I buffalo. The holder is still in existence and is owned by Eric P Newman. When he acquired it it still had all eight coins in it, so we know what it contained. The holder had been made in order to sell the "set" to Col Green.
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United States
1590 Posts
 Posted 01/31/2013  1:45 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I have a question. This made me look up an article on the 5 coins. In the article there was a picture of all 5, side by side. Why is one a Cameo and the others non-Cameo? If they were all made at the same time and with the same dies, shouldn't they all be Cameo, or semi-cameo?
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GoldenChest's Avatar
United States
814 Posts
 Posted 01/31/2013  2:39 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Conder101, your right I only just learned that myself. My aplogies. So is the story that this one was found in his house and not recovered from the accident also bogus? I'm trying to find the article.I read that had this information in it.
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ericmckeown's Avatar
United States
379 Posts
 Posted 01/31/2013  3:37 pm  Show Profile   Bookmark this reply Add ericmckeown to your friends list Get a Link to this Reply
Thanks for the info Conder! So much mystery around this coin.
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