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When Harry E. Kelso, of Arma, Kan., began advertising for the coins, in late January 1920, the ANA convention where Brown would leave his nickel on display was still seven months away; fewer than 20 people had viewed Samuel W. Brown’s nickel at the Dec. 3, 1919, Chicago Coin Club meeting (see Part I in the Sept. 29 issue); and just two of Brown’s now well-known “wanted” ads had made their way into The Numismatist. The first involves a small-town dealer and the second a famed collector. The U.S. officially stopped making Liberty Head nickels in 1912, but one rebellious worker at the U.S. Mint made five more in 1913 to create collectors’ items and sold them for $500 each. Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. (Mac) McDermott, who willingly loaned his specimen for display on numerous occasions. On March 9, 1962, Walton died in a car crashen route to a coin show. nickel and the man was Texas coin dealer B. Max Mehl. (Feb. 14, 1929, Oklahoma News, Oklahoma City, Okla.), • Mrs. H.E. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. The nature of this clandestine coinage does not lead to records being kept so we are in the dark, and probably will remain so, for the exact day that the operation was successfully carried out. A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million. Coins for sale for Liberty type Nickels items. The Secretary not only was determined to carry out the idea but also picked the man to do the job: famed artist and sculptor James Earle Fraser. The Walton specimen is the most elusive of the five 1913 Liberty Head nickels; for over 40 years, its whereabouts were unknown and it was believed to have been lost. Fraser worked on his design during 1912. He’ll send you a $200 check for this penny by return mail[.] (Aug. 5, 1927, The Coosa River News, Centre, Ala.), • By 1929, “Mr. He never actually purchased a single genuine 1913 Liberty Head nickel through this offer, but did make considerable money selling his books. In its place were much more modest purchase offers, ranging from small amounts of cash to rabbits to knitting machines. Get the best deals on 1913 Uncertified US Buffalo Nickels when you shop the largest online selection at eBay.com. Some planchets may well have been kept in the coining room vault for back-up purposes. His two-page ad for the H.O. That coin was the 1913 Liberty Head (In the 1920s and early 1930s, one man and one coin were key factors that brought new life to old hobby. In due course, after several fruitless meetings and attempts to mollify the private company, the Treasury Secretary held one last meeting on Feb. 15; nothing of substance was accomplished then, either, so MacVeagh simply ordered that coinage begin with the latest models and within a few days the first Buffalo nickels were delivered. 22 bids. That is an interesting price for a coin that seems to defy the odds at every turn. Arma, Kas.”. Although the Liberty Head nickel dies are thought to have been destroyed in early January, there was in fact no coinage of nickels in January at any of the mints. 1913 Type I Buffalo nickel VF. “This is one of the greatest coins at that price range,” Jeff Garrett, one of two co-buyers, told UPI. If the latter was in fact true, it is also probable that such samples would have been carefully accounted for and then destroyed after careful examination by Chief Engraver Charles Barber. 22 bids. Numismatic Bank. However, they are also highly counterfeited. Dept. It remained in his collection until 1996, when it sold for $1,485,000. He wasn’t at the CCC’s Dec. 3, 1919, meeting where he would have seen Brown’s coin. The reply from Director Roberts was short and to the point: the new Fraser design would be used exclusively in 1913 and no Liberty Head nickel coinage would be permitted. In a recent auction someone bought this coin for over 3 million dollars. Jeff Garrett from Mid-American Rare Coin Galleries, Lexington, Ky., placed the winning floor bid during Heritage Auction’s Platinum Night session held in conjunction with the 74th anniversary convention of the Central States Numismatic Society. “As for the 1913 nickel you hear so much about, however, there were only six coins in the entire issue. The king of the 1913 Liberty Head nickel $50 offer, and the one many others likely followed in quoting that value, was Fort Worth, Texas, dealer B. Max Mehl. Today, this coin ranks among the most legendary of all in American numismatics. So here is where two little-known but intriguing items impact this story of the 1913 Liberty Head nickel. “Those who owned nickels of that date made themselves believe that it surely must have been 5 cents instead of 10 cents that was meant, and so letters of anxious inquiry have poured in a flood into the office of The Daily News…”. Describing Mehl as one of its most successful longtime advertisers, the ad related that Mehl began advertising in The American Weekly in 1927, with “twenty-eight line copy.” The investment, it said, proved profitable, which Mehl could tell because he required readers to write to him. • So “wild and all-consuming” was the mania that the Times-Picayune related that a friend of theirs would take $10 bills to banks and exchange the notes for coins in the hope of finding a 1913 Liberty Head nickel. Legendary coin collector Louis Eliasberg bought his specimen in 1948. Green owned all of them. Only five had been made and the Texas dealer knew perfectly well that all were accounted for in the collecting world. The 1913 nickel value ranges from $7 for a well circulated coin to over $460 for the rare 1913-S Type 2 Buffalo nickel in "Uncirculated" condition. If Kelso’s flurry of advertisements in these two Kansas newspapers came about from his having viewed one of Brown’s The Numismatist ads, the young man may have seized on what he believed was a chance to make a dandy profit. Ending 9 Jan at 22:03 EST 8d 6h. Shortly after his Jan. 22, 1920, ad in the Arma Record, Kelso expanded his search to nearby Pittsburg, Pa., a town of around 18,000. The latter disposed of the individual coins to several people, including famed numismatist Eric P. Newman. The same would be true if he somehow learned of the rare nickel from a CCC member. During that period, his ads could be found in the comics sections of newspapers. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. That coin was the 1913 Liberty Head Stack's Bowers Galleries sold the Eliasberg 1913 Liberty Head nickel Wednesday night during the American Numismatic Association's World's Fair of Money at the Philadelphia Convention Center. The design was well accepted by the public, being considered a distinct improvement over the old Shield nickel. How did a 17-year-old sometimes coin dealer, sometimes The Numismatist advertiser, from a small town in Kansas, come to be running buy ads for 1913 Liberty Head nickels at the same time as the suspected mastermind behind the rarity, Samuel W. Brown? The two men needed to act promptly because of the normal die destruction scheduled for just after New Years Day. With evidence that the mini-Depression of 2009 is behind us, collectors will have the rare opportunity to ring in the New Year at the Florida United Numismatists convention with the Heritage auction featuring one of the five known examples of the 1913 Liberty Head nickel. Although the 1913 Liberty Head nickels had been surreptitiously struck in late December 1913, little was heard of them for some years. That coin was the 1913 Liberty Head (. An unnamed California collector has paid $5 million for the Eliasberg specimen 1913 Liberty Head nickel, a record price for the coin and the second highest price ever paid for any rare coin. Yet Dunham is not known to have ever owned one of the nickels. Field wrote, “And first that ‘1913 nickel’…,” detailing that none of the Indian Head nickels “in ordinary conditions” commanded a premium. 1913 Liberty Head Nickel featured on TV. The extraordinary discovery of the long-missing Walton piece, for example, is well chronicled in this book. Watch your change[.]. The appraisers at Heritage Auctions, where a 1913 Liberty Head nickel is set to be auctioned in April, certainly think so. Datelined Los Angeles, the article, “Have you a 1913 nickel; It’s Worth $50,” told, “There’s a $50 bill awaiting the observant person who detects a 1913 Liberty five cent piece, says R.A Wilson, local numismatist and philatelist.” This basic story ran into 1932, as it was picked up by at least 30 newspapers. By 1906 demand for cents and nickels had grown to the point that Congress was asked to allow the other mints to strike these minor coins. Samuel W. Brown (employed at the mint from 1903 to November 1913) - August Wagner (who advertised the five 1913 Liberty Nickels for sale in The Numismatist in late 1923 and early 1924) - Stephen K. Nagy (possibly a Wagner accomplice) - Wayte Raymond (either as owner or broker) - Col. E.H.R. 1913 Liberty Nickel on Mysteries at the Museum. C $94.28. Bob, this extra $200 ought to see you through this year!”. The 1913 Liberty Head nickel is one of only five known to exist. This is the second part of a two-part feature on the earliest known showing of the 1913 Liberty Head nickel and the spread of the coin’s popularity. These classified ads ran first with an address to “Numismatic Bank” and later “The Rare Coin Company of Texas.”. These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913. The Denver Mint struck its first nickels on Feb. 5 and by year?s end the coining room had delivered a respectable eight million pieces, a large enough number that even today collectors have little trouble in finding a decent specimen at reasonable cost. With the exception of 1912 and 1913, he continued to do so through 1919. 1913 Liberty Head Nickel featured on TV. By contrast, Brown, who said he was willing to pay $600 for proof 1913 Liberty Head nickels, was at the convention “for a short time” on Monday, the day before the banquet. $5.00 shipping. Earlier ads, which obviously served as a template for his 1913 Liberty Head nickel ad (just insert a different rarity), included: $25 for an 1804 Draped Bust dime (Nov. 9, 1913, The Cincinnati Enquirer, Cincinnati); $50 for an 1853 Seated Liberty half dollar, no arrows (March 8, 1915, Nevada State Journal, Reno, Nev.); $100 for an 1894-S Barber dime (same issue as previous); $50 for an 1870-S Seated Liberty dollar (April 18, 1915, The Oregonian, Portland, Ore.); and $100 for an 1885 Trade dollar (Oct. 8, 1916, The Missoulian, Missoula, Mont.). Very soon after receiving the letter from the director, Landis sent a message to his San Francisco counterpart, asking him to return the 10 sets of 1913 nickel dies that had been sent out in late November. While I don’t know how it came about or what it truly means, it is clearly tied to what happened later – the explosion of interest in the 1913 Liberty Head nickel. This civilized approach contrasts poorly with the attitude of the Bureau after 1944 when it sought out the 1933 double eagles and seized them from their rightful owners on the false grounds that they had been stolen. The most rare, grades, dates and varieties for Liberty Nickel coins. From $25 to $600 was a big leap. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. One of them was said to have cost Mehl $17,500 for its insertion. William F. Dunham was not known to have owned a 1913 Liberty Head nickel, yet two newspapers quoted him as saying he was offered $600 for his example of the rarity. It was usual practice in those days to send dies out from Philadelphia in an unhardened state. But it's all the more prized because of its unusual back story: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades and then declared the real deal. The small-town dealer: This one is a bit hard to believe, if not inconceivable. This quest became … His Star Rare Coin Encyclopedia went through numerous editions, especially during the Great Depression. One might suggest Christmas Eve, when security would perhaps been a little lax in line with the general tenor of the season. Get the best deals for 1913 liberty head nickel at eBay.com. In 1908, Mehl began publishing his well-received journal, Mehl’s Numismatic Monthly. It is thought likely that Brown had a confederate because he was an employee of the storekeeping department, not the engraving department and presumably had no access to dies or planchets; it also seems likely that no more than two persons were involved as secrets are much easier to keep that way. Usually, he added “may mean much profit for you” and always offered, at minimum, his coin circular with its “special offers” for four cents. So no 1913 V nickels should ever have been struck. In 1913 an unscrupulous mint employee produced five Liberty Head nickels dated 1913. ), The king of the 1913 Liberty Head nickel $50 offer, and the one many others likely followed in quoting that value, was Fort Worth, Texas, dealer B. Max Mehl. In 1941, B. Max Mehl sold Dunham’s collection. $24.25. Strange Inheritance: The Walton 1913 Nickel Story. Regular production for the Liberty Nickel ended in 1912. Decades ago Texas dealer B. Max Mehl spent millions of dollars advertising in magazines and newspapers and on the radio selling copies of his Star Rare Coin Encyclopedia which listed prices he paid for coins. In a June 1929 issue, she advised a young woman, “Just Me,” about how to deal with “Just Me’s” jealous boyfriend. (April 27, 1924, Jackson News, Jackson, Mich.), • No need for two rabbits, giant or otherwise? I was offered that for mine today,’ said W.F. Besides the coin circular he offered for four cents, he sold larger guides quoting what he would pay for U.S. coins, world coins and paper money. As late as early December 1912, these officials believed that the new Fraser design would not be introduced in 1913 and that the old Liberty Head dies would be used in the coming year. Free shipping on many items ... 1913-D Type 1 Indian Head Buffalo Nickel ~ GEM BU Uncirculated ~ A-SKU-2005. Colonel E.H.R. Price guides were one of his mainstays. The Liberty Head nickel is quite rare -- it is one of only five 1913 Liberty Head nickels known to exist. By 1922, he was announcing, through small classified ads, that he was willing to pay $50 for this coin. No buffaloes wanted. Though, how he got to “thousands in circulation” off of Brown’s ads, which made no mention of mintage, is hard to fathom. Dunham, who was very active in the ANA and the CCC, was one of the nation’s leading collectors. The 1913 nickel mania quickly ramped up, as shown by the following snippets from newspapers dating from 1923 through 1937. That coin was the 1913 Liberty Head (In the 1920s and early 1930s, one man and one coin were key factors that brought new life to old hobby. Hawaii 5-O episode with Olsen Specimen the star of the show. The flamboyant Mehl published a guide to rare coins and offered to buy those pieces which could be resold to collectors. The 1913 Liberty head nickel is so rare that years would elapse between offerings. George O. Walton, for whom the specimen is named, purchased it from Newman and Johnson in 1945 for approximately US$3,750, equal to $53,256 today. Free shipping ... 40 Coins - Rare Nickel Roll! 16 bids. In it, Bob is thinking of quitting college because he is broke, but Judy saves the day. Some of these cash enticements-always refused by the owner-were mentioned in the Scrapbook. The story of the 1913 Liberty Head nickel begins with a mystery — no one is sure how or why the five known pieces were produced. Free ... 40 Coins - Rare Nickel Roll! A fair number of ordinary people wrote to the Bureau of the Mint asking for details of this particular coin. The famed collector: The more significant of these two items involve William F. Dunham, and apparently led to the flooding of newspaper question-and-answer columns with queries from those who owned 1913 Indian Head nickels and thought they had struck it rich. $99.95. ... 1912 S Liberty V Nickel Rare Date 5 Cent. Although Fraser worked on his models for the new nickel throughout 1912, for some unknown reason Philadelphia Mint officials were not kept informed of his progress. BIBLIOGRAPHY: Bowers, Q. David, "Brown key figure in '13 nickel's lore", Coin World, January 19, 1977. C $31.40 shipping. The 1913 Liberty Head nickels are some of the most valuable and rarest US coins in existence with each one worth many millions of dollars. We have a great online selection at the lowest prices with Fast & Free shipping on many items! The featured Dr. William Morton-Smith 1913 Liberty Head nickel is the finest graded of the five examples, having been certified MS-66 by PCGS, and also bearing a CAC sticker of approval. It was standard practice at the Philadelphia Mint to prepare coinage dies well in advance of the new year so that they could be sent to the other mints in plenty of time. Printed in the “Want Ads” of the Jan. 24 issue of The Sun, Pittsburg, Kan., was: “WATCH YOUR CHANGE – I will pay $5.00 to $20.00 for a 1913 Liberty head U.S. nickel. I doubt if any of these are still at large.” (June 21, 1929, Salt Lake Telegram, Salt Lake City, Utah. Regular production for the Liberty Nickel ended in 1912. Due to persistent rumors about the Fraser design, in early December Philadelphia Mint Superintendent John H. Landis sent a letter to his immediate superior, Mint Director George E. Roberts at the Bureau of the Mint in Washington, inquiring about the status of the new design and if, in fact, it would be used in 1913 as rumored. Treasury Secretary Franklin MacVeagh made this decision in the spring of 1911 although it would take nearly two years to come to fruition. Quickly, Mehl established himself through advertisements in The Numismatist. ; Long Island, Kan.; Topeka, Kan.; Wichita, Kan.; Detroit; Lansing, Mich.; Muskegon, Mich.; Port Huron, Mich.; Bismarck, N.D.; Buffalo, N.Y.; Antlers, Okla.; Muskogee, Okla.; Chambersburg, Pa.; Harrisburg, Pa.; Newcastle, Pa.; Wilkes-Barre, Pa.; Salt Lake City, Utah; La Crosse, Wis.; and Cheyenne, Wyo. The complete provenance for this PCGS PR63 example is listed in the PCGS Condition Census. Today, these nickels are worth millions of dollars whenever one of them comes to auction. The year 1913 was when the old Liberty head or “V” design was replaced by the new Buffalo design — no Liberty nickels with a 1913 date were supposed to be produced. And draw attention in and outside of the famous nickels for $ 4.5 million at auction!, Bob is thinking of quitting college because he is known to exist 1. Later “ the rare nickel from a CCC member a gigantic price tag, Brilliant Uncirculated proof! 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