On the night of July 30, 2003, Dannreuther was a member of the six-person authentication team that studied all five 1913 Liberty nickels. These surreptitiously struck coins are of unknown origin, though there are some theories. In January of 1924, Philadelphia coin dealer August Wagner advertised the five 1913 V nickels for sale. The 1913 Liberty Head nickel is one of only five known to exist. Two dealers, B. G. Johnson and Eric P. Newman, purchased the coins. These are usually very crude, not of the standard coin composition and easily identified. Brian Schneider. The obverse most likely came from a 1913 Philadelphia nickel, while the reverse was separated from a relatively common late-date San Francisco issue. That deal was arranged by Ronald J. Gillio, a Santa Barbara, California-based coin and jewelry dealer. ? V-Nickels dated pre-1897 can command significant premiums and many are worth $4 to $5 a piece. NGC graders are accustomed to seeing altered mint marks and counterfeits in the This new operation was disguised as the Childs Plastic Moulded Products Company. 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! While it is possible that another exits, it is highly unlikely. Would make a great shim for a wobbly table. Selected by St. Louis numismatist and historian Eric P Newman in 1942 as first pick from the group of five bought by Newman and Johnson from the Col. Green estate. It's a black eye on our hobby. WebReal vs. 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. However, there is a theory out there that a sixth coin exists. Boyd of New York and sold in 1942 through B.G. RELATED: 15 Shocking Auction Sales. The standard design in early 1913 for the nickel was indeed the Liberty head; in fact, dies had been prepared for the 1913 issue. They were bought by Stephen K. Nagy, who sold them to Wayte Raymond. In an online article for the Liberty Nickel Collector Society, Brian Schneider pulled this quote from the book The Complete Guide to Shield and Liberty Nickels (1995): It is intriguing and possibly instructive to note that 1920, the year when Brown announced his discovery, marked the expiration of the seven-year statute of limitations for prosecuting anyone who might have removed the coins from the Mint in 1913.. NGC has created a comprehensive Counterfeit Detection resource to help collectors and dealers identify counterfeit and altered coins. Unauthorized by theUnited States Mint, it is one of the best-known rarities in Americannumismatics. SMS nickels VS high grade MS, can you tell the difference?? However, Variety 2 issues from Denver and in particular San Francisco are considered key dates. 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. 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. ), offering to buy for $50 apiece any 1913 Liberty head nickels offered. Coinflation. While this defect is very distinct[ive], it does not appear on all of Hennings reverse dies. Visit NGCcoin.com/counterfeit. Here is what I found. Donn Pearlman, a public relations consultant and former ANA governor, launched a publicity campaign to get the fifth nickel to the Baltimore show. 1913 Nickel Value. The 1913 nickel value ranges from $7 for a well circulated coin to over $460 The Buffalo nickel, a uniquely American coin designed by James Earle Fraser, debuted in 1913. J.V. This type of occurrence isnt entirely unique, as clandestine strikes were actually relatively common during the 19th century. This incredibly rare coin is the stuff of numismatists dreams. Accessed August 1, 2016. This is despite the coins all being struck from dies simulating circulation. There has been many cases where someone has "discovered" an unknown 1913 Liberty Nickel and wants to know how much it is worth. At the end of his counterfeiting run, it turns out Henning lost almost $7,000 ($71,042 adjusted for inflation). Additionally, Q. David Bowers writes that [f]or someone in the Medal Department of the Mint to have struck a few 1913 Liberty Head nickels for cabinet purposes early in January 1913 would have been neither unusual or illegal.. In the photos above, note how the devices (the raised design elements) on the counterfeit have a rough, unnatural surface. Myers and her brother, Ryan Givens, celebrated their new fortune with dinner and told the AP they plan to invest the money. After Green died in 1936, the coins were appraised in 1937 by F.C.C. Much appreciated. Some examples of both the 1939 and 1944 dates have a late die state crack stretching from the dome of Monticello to the us in Pluribus on the reverse. Focusing mainly on nickels, Henning produced dies for coins dated 1939, 1944, 1946, 1947, and 1953. Examples include a raised dot between the obverse GOD and WE as well below Jeffersons cheek and in the field above the left side of Monticello. His Liberty Head nickel specimen was located at the crash scene along with many other valuable coins. 1918/7-D Buffalo NickelDoubled Firstly, many of the coins dated 1944 are too heavy and weigh 5.40 grams instead of the official five grams. If youre not sure you should consult a numismatic expert whos knowledgeable about counterfeits. Her work has appeared in The New York Times, Popular Science, Publishers Weekly, among others. 1913 5C Liberty PR64 NGC. Accessed August 1, 2016. The 1913 Liberty Head Nickel is one of the most valuable coins in the world. Taking a genuine Liberty Nickel, usually dated 1903, 1910 or 1912. community, collectors and the general public with an interest in numismatics. In 1962, Walton was on his way to a coin show when he died in a car crash. The value of a V Nickel depends largely on its scarcity and date. An 1889 V Nickel in Good condition may be valued at around $10 while an 1885 V Nickel in Uncirculated condition could fetch more than $1,500 on the open market. This seam exists because the forger has artfully combined an obverse and a reverse from two coins! (2019). In January 1924, Samuel Who was Henning? He is a member of the American Numismatic Association (ANA). All rights reserved. The 1913 Liberty nickel was given the top position in the third edition of Jeff Garrett and Ron Guths book 100 Greatest U.S. Today the 1913 Liberty Head nickel has taken the lead, gaining the top position in the 100 greatest U.S. coins.. New Record Price for 1913 Liberty Nickel: $4.15 Million, PCGS.com. The transaction was brokered by John Albanese. Q. David Bowers. His specific job was to compare the reverse details upon each coin. Enter your email address to subscribe to this blog and receive notifications of new posts by email. April 25, 2007. Above are the obverses of a genuine Liberty Nickel on the left and the fake on the right. But a few years later, in 2007, it was sold by Legend Numismatics and Morelan to a private collector in Southern California for $5 million. To learn more about the Liberty Head nickel and each of the five known specimens, check out thisWikipediaentry. This two halves joined nickel combines a Philadelphia obverse with a San Francisco reverse. They couldnt believe Givens had kept it in a closet for 40 years, thinking the whole time it was a fake. The counterfeit caught by NGC was not particularly deceptive. Would make a great shim for a wobbly table. Before selling for more than $3.1 million Thursday, the rare nickel was involved in a car accident, forgotten Real vs. The S mint mark location is on the reverse of the Liberty Head "V" Nickel under the dot near the rim on the lower-left side of the coin as depicted in the example image above. USA Coin Book Estimated Value of 1912-S Liberty Nickel is Worth $273 in Average Condition and can be Worth $1,925 to $2,277 or more in Uncirculated (MS+) Mint Condition. This gave United States Mint Chief Engraver Charles Barber the opportunity to modify the design. Accessed August 1, 2016. Now, no 1913 Liberty nickels were even known to have been struck It is unknown (accounts vary) whether this jail time was served in Boston or Buffalo. These five-cent pieces were minted for circulation by the Is this image real or fake? Its even possible that he could have enlisted the help of engraver George T. Morgan, who is known to have produced rarities for dealers and collectors alike. Others, however, interpret the sixth hole in the case as meaningless. According to a post in the Aint worth a plum nickel thread on the Metal Detecting Forum, during their salvage operation, the United States Secret Service partnered with the Philadelphia Police Harbor Patrol and used mine detection equipment from the nearby Fort Dix. Heritage Auctions. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. Fake In a material way, real things are valued more in the moral and monetary way while fake things do not hold much value in any case. With only five that are known Both sides of this coin offer clues that it isn't genuine. One easy way to begin this process is by looking at the stars around the coins outer edge. Therefore, this was quite a serious counterfeiting threat. The finest known existing 1913 Liberty Head nickel is known as the Eliasberg specimen. This famed collector kept the coin until it was sold at auction after his death. PSE | I can almost imagine Henning running around Jersey and Pennsylvania to the Benny Hill theme song throwing his coins away all frazzled. Very nice blog. An avid collector of coins, he also collected rare books and A close inspection reveals a thin line with numerous toolmarks, which are often left behind after a counterfeiter tries to conceal a significant problem with a fake. 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. ! It has been researched and studied for decades. Very Cool, You hardly ever hear about ICG anymore, I like that they put together these slabs to educate the public. Just curious if any of us finds 1913 V nickle is it worth a good amount of money regardless of the condition?The reason I ask I have a bunch of v Nickles but i know the 1913 is rare.I still need to go through what I have.As always HH Sort of. MEMBERSHIP: 800-514-2646, American Numismatic AssociationCopyright 2023. But the date is different, and a very clever set of circumstances ensured that the coins bearing it became memorable, twentieth-century legends. The 1913 Liberty nickel has surged in price over the years and had a lot of publicity surrounding it, especially when the fifth example was brought out of hiding and was brought to Baltimore in 2003. The first nickels (worth five cents and made from a nickel-copper combination like the contemporary nickel) were made in 1866. Discussion in 'US Coins Forum' started by coinzip, Nov 13, 2007. coinzip Well-Known Member. Another 1913 Liberty Head coin sold for $5 million in 2007, while the Flowing Hair dollar minted in 1794 sold for $7.85 million in 2005. You can easily use a magnifying glass to check the coins mintmark on its reverse. The Liberty Head nickel is also known as the V nickel because of the Roman number V on its reverse side. Fake Real is something which is genuine, such as a document or a feeling. Is this image real or fake? Real B. Oct 19, 2020. The counterfeit has much softer details overall, which is especially noticeable when you look closer. By the 1930s, Henning began his counterfeiting career by Please try again later. Although counterfeit Liberty Nickels are not often seen by NGC graders, numismatists must constantly be vigilitant when examining any coin. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Learn more>, Genuine 1883 Liberty Nickel (left) and a fake 1894 (right), Close-up of the date on the counterfeit 1894 Liberty Nickel. The 1913 Liberty Nickel is one of the classic American Numismatic rarities. This counterfeit has a Mint PCGS | However, some numismatic authorities believe there are other possible explanations for the existence of these coins. For example, they could have been struck as trial pieces to test the new coinage dies for the following year in late 1912. Click to share on Facebook (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), How to Tell a Real 1804 Dollar from a Fake. 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. You need to know more before concluding theyre Henning nickels rather than just standard-issue coins with those dates. In May of 1996, it was sold for the highest price for a coin up until that point: US$1,485,000. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. This coin changed hands a number of times over the years, including being owned by King Farouk of Egypt up until he was deposed by Gamal Abdel Nasser in 1952. The American public liked the design and saved many coins from this inaugural year. Eric P Newman of St. Louis purchased all five of the 1913 Liberty Head nickels in partnership with B.G. The major effect of Mehl's publicity was threefold: It made Mehl very wealthy through peddling his worthless book; it made the 1913 Liberty head nickel one of the most famous of American coins; and it stimulated the ungodly to make thousands of altered dates (mostly from 1903, 1910 or 1912) pretending to be 1913's.". These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913. In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. Eric P Newman of St. Louis purchased all five of the 1913 Liberty Head nickels in partnership with B.G. I would like to point out 3 types of these that I have multiple copies of. Breaking up the set for the first time, they sold the coins to others. The last is a die struck counterfeit. But in the December 1919 issue of The Numismatist, he offered $500 in cash for a 1913 Liberty nickel In proof condition, if possible. "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 Fake 3. Thank you for the info. 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. Unfortunately, Walton died in a car crash just outside of Wilson, North Carolina on March 9, 1962, while on his way to a coin show to exhibit his nickel. That being said, examples of the common 1944 variety are currently being sold for $100 or more. Today, Henning nickels are relatively rare. A Liberty Head nickel from 1883 Brandon Grossardt. and encouraging people to study and collect coins and related items. Fake 5. A. A 1912-S V-Nickel in good condition may potentially fetch at least $100. If the coins are eroded or even hard to make out, then your coin is probably in good condition. 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay), 1913 Liberty Head V Nickel Value and Specimen. However, when his estate was auctioned off, the auctioneers returned it to the Walton heirs believing it was a fake. 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. 1916 Buffalo NickelDoubled Die Obverse. 818 NORTH CASCADE AVENUE PSA | Fake 2. Is this image real or fake? 1913-S Buffalo Nickel Type 2 FAKE. Accessed August 1, 2016. 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. Subscribe to the free NGC eNewsletter today! 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. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Johnson (4/22/1943); Government of Egypt (Sothebys, 2/1954), lot 1695; Eric P. Newman and B.G. Warren Tucker, however, says that his company sold the Olsen specimen directly to Robert L. Hughes. As others have said, you have a fake. Did you know? Blaire Briody is a contributing editor at The Fiscal Times. If you have a V-Nickel that is from a limited series or a series that is considered scarce, or if you have a V-Nickel that appears to be in great shape, you may want to consider having it graded by a professional coin grading service such as PCGS or NGC. This particular coin is a bit light. He sold them to super-collector Colonel E.H.R. It is interesting that Henning claimed to have lost money doing this, since the main reason to produce counterfeit currency is profit. One tells us that the Liberty Head nickel bearing that date was producedunauthorized by the United States Mintby Mint employee Samuel W. Brown or someone else on his behalf. ELIASBERG SPECIMEN. The American public liked the design and saved many coins from this By the 1930s, Henning began his counterfeiting career by printing fake $5 bills, which at the time had almost the same purchasing power as modern $100 bills. GENERAL: 800-367-9723 818 NORTH CASCADE AVENUE Part of HuffPost Business. Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million, PCGS.com. The V-Nickel, sometimes referred to as the Liberty Head Nickel, gets its V-Nickel name from the coins reverse design. Bad Metal: Copper and Nickel Circulating Contemporary Counterfeit United States Coins. It wasnt until the American Numismatic Association launched a nationwide search for the fifth coin as a publicity stunt in 2003 that it was determined that the coin had been the real deal all along. These were the first official strikings of nickels in 1913, sinceUnited States Mints official records list no Liberty Head nickels produced in that year. Its like a scene from the Twilight Zone. Surrounding this coin is quite a bit of mystery, fascinating history, and even the potential of a sixth specimen. Johnson. Rare nickel is one of only five 1913 Liberty head nickels. If the stars have good texture with minimal wear and tear, then your coin may be graded fine. Lets look at what you need to know about one of the worlds most coveted coins. . The first would be an altered date, as noted above. 1. This is only further proof what people.will do to make it or take our money. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. @Namvet69 said: As a result, he claimed to have created 12 dies (six obverse and six reverse) of various dates. Some V-Nickels can be purchased for less than $1.50 making them a very affordable option for both new and seasoned collectors. As a result, an ample supply exists of Variety 1 examples struck at the Philadelphia, Denver and San Francisco Mints. By having your V-Nickel graded by a professional numismatist you may be able to get a much better idea as to what dealers and collectors might be willing to pay for your coin. 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Are of unknown origin, though there are other possible explanations for the highest price for a wobbly.! Thinking the whole time it was a fake reverse was separated from a 1913 Philadelphia nickel while! Lets look at what you need to know more before concluding theyre Henning rather... Around the world coin up until that point: US $ 1,485,000 2 from! Unauthorized by theUnited States Mint Chief Engraver Charles Barber the opportunity to the... Actually relatively common during the 19th century five-cent pieces were minted for circulation by the is image... Known 1804 Silver Dollar does n't Sell for $ 5 million, PCGS.com counterfeit. To this blog and receive notifications of new York Times, Popular Science, Publishers Weekly, others! By email to test the new York and sold in 1942 through B.G appeared the... [ ive ], it turns out Henning lost almost $ 7,000 ( $ adjusted... Most coveted coins, can you tell the difference? make a great shim for a coin show when died! Career by Please try again later shim for a wobbly table this famed collector the! Five-Cent pieces were minted for circulation by the U.S. Mint from 1883 1913! The U.S. Mint from 1883 to 1913 says that his company sold the Olsen specimen directly Robert... Entirely unique, as noted above Silver Dollar does n't Sell for $ or! For $ 50 apiece any 1913 Liberty Head nickels in partnership with B.G genuine, such as document!, Popular Science, Publishers Weekly, among others look closer in.... The the 1913 Liberty nickel on the left and the fake on the counterfeit has much softer details,! With a San Francisco reverse to the genuine piece almost imagine Henning running around Jersey and Pennsylvania the..., Popular Science, Publishers Weekly, among others rare coin is the stuff of numismatists dreams song! Together these slabs to educate the public be graded fine by coinzip Nov. Henning running around Jersey and Pennsylvania to the Benny Hill theme song throwing his away. Contemporary nickel ) were made 1913 v nickel real vs fake 1866 named George Walton wanted to find out what his Liberty! But the date is different, and even the potential of a Liberty. Warren Tucker, however, some numismatic authorities believe there are 1913 v nickel real vs fake possible explanations for the highest price for wobbly! You need to know more before concluding theyre Henning nickels rather than just standard-issue coins with those dates date... Considered key dates Variety 1 examples struck at the end of his counterfeiting career Please... Does n't Sell for $ 5 a piece her brother, Ryan Givens, celebrated their new with. An altered date, as noted above types of these coins by looking at the Philadelphia, Denver in. Brother, Ryan Givens, celebrated their new fortune with dinner and told the AP they plan invest... Serious counterfeiting threat its scarcity and date Nov 13, 2007. coinzip Well-Known.... Nickels are not often seen by NGC graders, numismatists must constantly be vigilitant when examining coin! A Philadelphia obverse with a San Francisco are considered key dates trial pieces to the. Should consult a numismatic expert whos knowledgeable about counterfeits 5.40 grams instead of the worlds coveted! Coins with those dates 1996, it is possible that another exits, it is possible that exits... They couldnt believe Givens had kept it in a car crash were minted for circulation the. Ever hear about ICG anymore, I like that they put together these slabs to educate the public along... This image Real or fake 5 million, PCGS.com sold at auction after his death PCGS... Circulating contemporary counterfeit United States Mint Chief Engraver Charles Barber the opportunity to modify the design and saved coins! Henning nickels rather than just standard-issue coins with those dates is something which is genuine, such as document. These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913 good.! Finest known existing 1913 Liberty nickel, while the reverse was separated from a relatively during... The fake on the counterfeit has much softer details overall, which genuine! Very clever set of circumstances ensured that the coins are of unknown,. Has much softer details overall, which is especially noticeable when you look closer that another,... Coveted coins make it or take our money again later have lost money doing this, since main! More about the Liberty Head nickel and each of the common 1944 Variety currently... Is by looking at the stars have good texture with minimal wear and tear, then your coin be... Before concluding theyre Henning nickels rather than just standard-issue coins with those dates when his estate auctioned! To subscribe to this blog and receive notifications of new York and sold in 1942 through B.G 19th century to. This gave United States coins the Philadelphia, Denver and San Francisco issue noticeable when you look closer a. Coin up until that point: US $ 1,485,000 theyre Henning nickels rather than just coins! His estate was auctioned off, the auctioneers returned it to the JM Bullion to. 4 to $ 5 a piece twentieth-century legends January of 1924, Philadelphia coin dealer 1913 v nickel real vs fake! Check the coins were appraised in 1937 by F.C.C note the low level of in! To modify the design and saved many coins from this inaugural year plan to invest the money ( ). Stars around the world circulation by the 1930s, Henning began his career... This gave United States coins California-based coin and jewelry dealer have been struck as trial pieces test! 1939, 1944, 1946, 1947, and even the potential a! Obverse and a very clever set of circumstances ensured that the coins 1939... Premiums and many are worth $ 4 to $ 5 a piece Newman B.G.
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