Only five 1913 Liberty Head nickels are thought to have been made, making them among the rarest coins ever made. These coins have changed hands over the years; the most recent sale took place in 2022, when Create Collections paid an incredible $4.2 million to purchase them from a Florida family.
Despite producing five coins, the U.S. Mint never approved their creation. When the Mint switched the nickel's die design from the Liberty Head to the Indian Head in 1912, they were born.
A U.S. Mint employee named Samuel W. Brown created five nickels in that year using the antiquated Liberty Head design, but their presence remained a mystery until 1919, when the statute of limitations for stealing government property and using mint facilities without authorization expired.
By putting advertisements in newspapers, Brown later attempted to generate some buzz about the coins, but this just served to increase their legend.
All five of the nickels are still in use today, despite their age and scarcity. Three are in private collections, and two are in museums: the Smithsonian National Numismatic Collection and the American Numismatic Association's Money Museum.
Among the numerous collectible coins that are worth more than their struck value is the 1913 Liberty Head nickel. Even while it can seem impossible to uncover rare coins in your spare change, with a little research, you might find something worthwhile.
Unusual characteristics or flaws are among the most crucial factors in assessing a coin's rarity. Due to their minting flaws, even tiny mistakes, such as doubled die coins, can fetch thousands of dollars. Rare coins can also be identified by their off-center strikes, repunched markings, and missing details.
The age of the coins is another thing to watch out for. Coins struck prior to 1960 are usually worth more than those struck nowadays. Additionally, condition is important because coins in better condition sell for more money.
Researching limited edition coins and significant minting years will help you have a better concept of what you're looking for before you start going through your collection.