Oct 19, 2020. To create this deception, two coins became one. Heritage Auctions. Is this image real or fake? The 1886 edition is also desired by dealers and collectors as well. Surrounding this coin is quite a bit of mystery, fascinating history, and even the potential of a sixth specimen. Collectors Corner | ), offering to buy for $50 apiece any 1913 Liberty head nickels offered. 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. McDermott (bottom right). It appears that the reverse die used to strike the nickels wasnt fully situated in the coin press. His Liberty Head nickel specimen was located at the crash scene along with many other valuable coins. By 1955, the authorities had arrested Henning. The crack goes all the way through the nickel. The chances of finding a new one is infinitesimally small. The American Numismatic Association is a nonprofit educational organization dedicated to educating We started with a nickel yesterday morning and now we have $2.7 million., A Fake Nickel from 1913 Sells for $3.1 Million. Real B. Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million, PCGS.com. 1913 Nickel Owners: Emery May Holden Norweb (top left), Aubrey and Adeline Bebee (top right), King Farouk (bottom left), and J.V. Another theory is that the Mints Medal Department might have lawfully issued them for cabinet purposes.. Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891. If you have one in fine condition, it could sell for over $200. His specific job was to compare the reverse details upon each coin. (2019). Want news like this delivered to your inbox once a month? BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, Ricko, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, Jzyskowski1, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister. You've been subscribed to the NGC eNewsletter. McDermott owned the coin for many decades until it was auctioned off after his death. _stq.push([ 'clickTrackerInit', '121927254', '1171' ]); Fake Pedigree of Five Known 1913 Liberty Nickels (http://www.pcgs.com/News/Pedigree-Of-Five-Known-1913-Liberty-Nickels). On the other hand, counterfeits are much less commonly seen in the Liberty Nickel series. While I was mostly looking for 90% junk silver coins and early wheat pennies, I always kept my eyes open for any interesting errors and oddities. Hewitt tells us that all one had to do was exchange another date of a five-cent piece. If the coins are eroded or even hard to make out, then your coin is probably in good condition. George Owen Walton was a quiet and secretive man who worked as an estate appraiser for banks. 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! Quick Links: Tags: Buffalo Nickels, Liberty Nickels. Yesterday, a dealer at the show confirmed the rarity of the coin and estimated its minimum value at $2 million. Johnson. Save my name, email, and website in this browser for the next time I comment. I can almost imagine Henning running around Jersey and Pennsylvania to the Benny Hill theme song throwing his coins away all frazzled. There is not a very high likelihood you will ever come across a 1913 Liberty Head V nickel in the wild considering that there are five known to exist and they are all accounted for. 1913 5C Liberty PR64 NGC. This incredibly rare coin is the stuff of numismatists dreams. WebIn 1996, numismatic history was made as Jay Parino paid over 1 million dollars for the Eliasberg specimen of the 1913 liberty nickel. Real B. The Olsen specimen was most recently sold for US$3,737,500 in January of 2010 to an undisclosed buyer. The 1912 V-Nickel is also quite popular, with coins minted in San Francisco being desired by both dealers and collectors. Blaire Briody is a contributing editor at The Fiscal Times. I have an 1804 Silver Dollar. A coin that was made by pouring melted metal into a mold or cast. While this defect is very distinct[ive], it does not appear on all of Hennings reverse dies. Unauthorized by theUnited States Mint, it is one of the best-known rarities in Americannumismatics. 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. I have attached an image of each of these, as holdered in ICG Educational holders. Her work has appeared in The New York Times, Popular Science, Publishers Weekly, among others. It's crazy how far crooks will go to make a buck and deceive good people. One type also has a raised area directly in front of Jeffersons collar. Want news like this delivered to your inbox once a month? In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. WebThe V-Nickel, sometimes referred to as the Liberty Head Nickel, gets its V-Nickel name from the coins reverse design. Great blogReally an eye opener for sure! In 2003, her heirs wanted to validate Givens claim and had it reappraised. A rumor spread that the initial Variety 1 nickels would be recalled in favor of Barbers modified Variety 2 design, which heightened interest in collecting the originals. In addition to the incorrect weight and edge seam, other telltale signs include artificial toning (to give both sides a uniform look) as well as the absence of the typical ring sound that is heard when a coin is lightly tapped. Accessed August 1, 2016. Very nice blog. - YouTube A mysterious email we got may tell the tale? Part of HuffPost Business. When he died in 1936, the coins were auctioned along with his estate. The date would be modified into a 1913. 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 Q. David Bowers. Additionally, there are a series of raised dots on both sides of many specimens. Hennings problems stemmed from his coins dated 1944, since it seems he either didnt know or didnt care that the wartime nickels had a different mint mark. 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. . Eric P Newman of St. Louis purchased all five of the 1913 Liberty Head nickels in partnership with B.G. Such rarities, differentiated by a tiny mintmark, create an incentive for counterfeiting. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Its like a scene from the Twilight Zone. If youre not sure you should consult a numismatic expert whos knowledgeable about counterfeits. 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. Jefferson Nickels were first minted in 1938 and made of 75% copper and NGC graders are accustomed to seeing altered mint marks and counterfeits in the Buffalo Nickel series. Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891. 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. If youre looking for a nickel with investment potential that is slightly more within reach, check out the 1928 Buffalo nickel. 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. He sold them to super-collector Colonel E.H.R. Thanks for sharing. 818 NORTH CASCADE AVENUE This specimen was named for George O. Walton who had purchased it in 1945 for US$3,750. Recently, Tyler returned to the US from living abroad in the Republic of North Macedonia, where he served as a Peace Corps volunteer for three years. But in the December 1919 issue of The Numismatist, he offered $500 in cash for a 1913 Liberty nickel In proof condition, if possible. Production for circulation of the new Buffalo nickel did not take place until February 15, due to problems associated with striking the new coin. _stq.push([ 'view', {v:'ext',j:'1:11.4',blog:'121927254',post:'1171',tz:'-5',srv:'www.centraljerseyrarecoins.com'} ]); community, collectors and the general public with an interest in numismatics. As a Numismatist it hurts to hear about these things. Did you know? She died never knowing she had the real thing, one of the four heirs, Cheryl Myers, told the Chicago Tribune. and encouraging people to study and collect coins and related items. Buses would fall behind schedule as conductors sifted through the coins they received in hopes of finding a coveted 1913 Liberty V Nickel. One of the more unusual silver coins was the Jefferson Nickel of 1942 to 1945. Each coin and its pedigree is presented below in the order in which they were struck, according to research by John Dannreuther. Others, however, interpret the sixth hole in the case as meaningless. Filed in: Coins If the stars have good texture with minimal wear and tear, then your coin may be graded fine. There are only five known confirmed coins in existence. The 1913 Liberty Head nickel is one of only five known to exist. The coin was one of only five Liberty Head nickels struck However, there are many jaded collector's of coins on this site that have forgotten what it was to be a newbie. PSA | However, one was recently seen on a submission to NGC. A. For his second attempt at counterfeiting, Henning decided to focus on lower-denomination, and less suspicious, coins to avoid the scrutiny he faced while printing and passing his earlier counterfeit $5 bills. Is it still possible that it could be a Henning nickel? I do not want you to get turned off by the obnoxious response you may have received from your post. At an auction in Schaumburg, Illinois, last week, the heirs were shocked when their coin sold for $3,172,500. This is only further proof what people.will do to make it or take our money. 4,427 views Premiered Feb 6, 2020 182 Dislike Share Save HalfDolla' MakeYouHolla' 111K subscribers We find a rare 1913 Reproduced with permission from the May 2021 edition of The Numismatist, official publication of the American Numismatic Association. If there is any doubt, consider NGC-certified coins, which are guaranteed to be authentic. I have a 1939 nickel with a crack in it. According to an issue of The Numismatic Scrapbook Magazine from December 1953, one of the early owners had a special case made for them which had six coin holes. In June of 2004, the coin sold for US$3 million in a private treaty sale. The coin then sat in a strongbox in a close for decades. It is unknown (accounts vary) whether this jail time was served in Boston or Buffalo. The transaction was brokered by John Albanese. and encouraging people to study and collect coins and related items. Here is what I found. 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1913 v nickel real vs fake