1913 Liberty Head Nickel Sells for $3.7 Million
Earlier this year a very rare nickel sold at a Florida public auction to an east coast coin collector. The 1913 Liberty Head Nickel sold for $3.7 million! It is one of only five known to exist in that particular date and design. The coin was minted in Philadelphia with the Miss Liberty design.
The coin was once owned by an Egyptian King named King Farouk. It was also featured in a Hawaii Five-O episode in 1973.
The value of the rare coin didn’t breach the $1 million mark until 2003. This is an extreme example of how rare coins can perform over a long period time. Rare coins have been regarded for a long time for their performance, privacy and their historic immunity from confiscation. Check out this chart showing the performance of the Liberty Head Nickel over the past 67 years. What an amazing journey!