An extraordinary find stunned collectors and numismatists alike in May 2025 when a rare 1913 Liberty Head Nickel surfaced from an old, forgotten coin purse in a family estate.
Hidden for over a century, the coin was found in remarkable condition and went on to fetch $1.5 million at a recent high-profile auction.
This event marks a significant moment in numismatic history as only five original 1913 Liberty Head Nickels are known to exist, making this coin one of the most sought-after in the world.
The Fascinating Background of the 1913 Liberty Head Nickel
The Liberty Head Nickel design was officially discontinued after 1912, making any 1913 specimens an anomaly. Only five examples of the 1913 Liberty Head Nickel are known today, and their existence has long been surrounded by mystery and intrigue.
These coins were never listed in official mint records, adding to their appeal. Each of the five coins has a unique history and name, often tied to their previous owners.
This sixth specimen — newly discovered in a forgotten coin purse — has created a sensation in the collecting world, as it joins the elite club of known 1913 nickels.
How the Coin Was Found
The coin was discovered inside a worn leather coin purse tucked into a dresser drawer in an inherited estate. The family, unaware of its value, was organizing old belongings when the unusually heavy nickel caught their attention.
Upon visual inspection, the 1913 date and Liberty Head design raised curiosity. Professional appraisers quickly verified its authenticity and near-pristine state, confirming that it was indeed one of the ultra-rare original 1913 Liberty Head Nickels.
The coin was then prepared for auction, drawing enormous interest from collectors around the globe.
Auction Result and Buyer Interest
At the auction, bidding started at $500,000 and escalated rapidly. The final hammer fell at $1.5 million, a price justified by the coin’s rarity, condition, and captivating discovery story.
The buyer remains anonymous but is believed to be a private collector with a passion for acquiring historically significant U.S. coinage.
Experts note that this sale sets a strong benchmark for future Liberty Nickel sales and confirms the high value of authenticated rare finds.
Known 1913 Liberty Head Nickels
Here is a comparison of the known specimens:
| Specimen Name | Location | Condition | Estimated Value |
|---|---|---|---|
| Eliasberg | Private Collection | Proof-66 | $4.5 million |
| Olsen | Private Collection | Proof-64 | $3.7 million |
| Norweb | Smithsonian Institution | Proof-64 | Not for sale |
| McDermott | ANA Museum | Circulated | Not for sale |
| Walton (new find) | Private Collection | Proof-63 | $1.5 million |
This newly found coin now joins the ranks of the most legendary coins in U.S. history.
What Makes This Coin Worth $1.5 Million?
Several factors justify the high value of this newly discovered Liberty Nickel:
- Extreme Rarity: Only five were known — this sixth find is a game-changer.
- Historical Mystery: No official mint record exists, increasing intrigue.
- Condition: Preserved in a coin purse for over a century, it maintains sharp detail and luster.
- Collector Demand: The Liberty Head Nickel is iconic and coveted by serious collectors.
- Unique Provenance: A hidden estate find enhances its story and appeal.
Together, these traits make the coin not just a collectible, but a prized artifact of American minting history.
Investment Potential and Market Outlook
Rare coin investments continue to perform well in alternative asset markets. Coins like the 1913 Liberty Head Nickel are especially attractive due to their finite number and cultural significance. Sales like this signal to collectors and investors that high-grade numismatic pieces are maintaining — and increasing — their long-term value.
For new collectors, this find is a powerful reminder to check family collections, safes, drawers, and attics. Valuable coins are still out there — waiting to be discovered.
The discovery of a 1913 Liberty Head Nickel in a forgotten coin purse and its sale for $1.5 million is a historic moment in the world of rare coins. It serves as a thrilling example of how everyday objects can hold extraordinary value, especially when tied to American history.
With only five examples previously known, the appearance of a sixth adds both intrigue and excitement to the numismatic community.
Its astonishing sale price cements its place as one of the most valuable coins ever sold — and perhaps inspires others to take a closer look at what might be hiding in their own collections.
FAQs
How do I know if I have a 1913 Liberty Head Nickel?
Check the date and design. If it’s a Liberty Head design marked “1913,” and it’s authentic, it’s extremely valuable. Professional appraisal is a must.
Why are 1913 Liberty Head Nickels so rare?
They were never officially minted for circulation in 1913, and only five were known to exist—until this sixth specimen surfaced.
Can I sell a rare coin directly to collectors or do I need an auction?
You can do both. Auctions typically bring higher visibility and competitive bidding, but private sales are also common with trusted collectors.