The V-Nickel may be a great addition to any coin collection and may also be a great starting point for new collectors. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. 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. Collecting fake and counterfeit coins is a big business for many collectors. Fake 2. This is a case where dies are created and actually strike coins. The 1913 Liberty nickel was given the top position in the third edition of Jeff Garrett and Ron Guths book 100 Greatest U.S. The coin passed from Newman and Johnson to the Numismatic Gallery, who then sold it to Louis Eliasberg. 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. I don't think I have ever seen a fake 1913 nickel. Fully in business by 1953, Henning rented a building in his hometown of Erial to house his DIY coin press. NGC refers to this unusual alteration as two halves joined.. According to his testimony, Henning purchased almost $6,800 of Monel (an alloy of 79.1 % copper, 20.5 % nickel, and 0.4 % iron) in early 1954 from the Scoville Manufacturing Company. COLORADO SPRINGS, CO 80903 New Record Price for 1913 Liberty Nickel: $4.15 Million, PCGS.com. As a result, many fakes have been made over the years. But one day, as I was sitting at my desk going through a pile of nickels, I found a war nickel dated from 1944 but without the standard large P mintmark over Monticello on the reverse. However, at least five coins were struck in 1913 that the United States Mint has no official record of. The Buffalo nickel, a uniquely American coin designed by James Earle Fraser, debuted in 1913. These surreptitiously struck coins are of unknown origin, though there are some theories. Real vs. The 1912 V-Nickel is also quite popular, with coins minted in San Francisco being desired by both dealers and collectors. It looks like you're new here. Join NGC for free to add coins, track your collection and participate in the NGC Registry. Ron Guth. The Buffalo nickels were the first official nickel strikings in the year 1913. If you have one that is in pristine condition, it could potentially sell for as much as $2000. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. This offer was not bona fide, being merely a come-on to promote sales of his Star Rare Coin Encyclopedia, which went through over 30 editions despite being of no numismatic value. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Being young and naive and, well, dumb, I called my Dad over and explained how if he could loan me $10,000, I was sure I could double our A genuine 1916-S 5-cent coin will have the same style Mint mark as a 1909-S Lincoln, V.D.B. Its like a scene from the Twilight Zone. NGC has created a comprehensive Counterfeit Detection resource to help collectors and dealers identify counterfeit and altered coins. - YouTube A mysterious email we got may tell the tale? All rights reserved. It turned out that I had found a counterfeit Henning nickel. You've been subscribed to the NGC eNewsletter. 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. I do not want you to get turned off by the obnoxious response you may have received from your post. Is this image real or fake? 1. This two halves joined nickel combines a Philadelphia obverse with a San Francisco reverse. Questions and Answers 1. Oct 19, 2020. This led me to search for additional information. While conducting his counterfeiting activities, Henning was fully employed by the firm Day & Zimmermann, Engineers in downtown Philadelphia, Pennsylvania. As a result, he claimed to have created 12 dies (six obverse and six reverse) of various dates. The coin is a facsimile of an 1894, which is the second most valuable date in the series. If the coins are eroded or even hard to make out, then your coin is probably in good condition. It is unknown (accounts vary) whether this jail time was served in Boston or Buffalo. Reproduced with permission from the May 2021 edition of The Numismatist, official publication of the American Numismatic Association. However, there are many jaded collector's of coins on this site that have forgotten what it was to be a newbie. 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. This crack means that Hennings dies must have been poorly made and began to crack partway through production, and since Henning stated it only took four hours for him to create each die, this makes sense. Accessed August 1, 2016. Accessed August 1, 2016. MEMBERSHIP: 800-514-2646 Like other coin types, V-Nickel values can vary significantly based on condition and date. On top of that loss, the government imposed a three-year prison term and a $5,000 fine on Henning. McDermott (bottom right). The rollout of the new nickels hit a bump when rapid wearing of the date was discovered on circulating examples. The 1913 Liberty Head nickel is one of only five known to exist. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. The coin's seemingly huge price tag was allegedly a bargain. 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. WebPedigree and History. Could someone look at my scope pictures to tell definitely? The coin was one of only five Liberty Head nickels struck It doesn't matter what coin or when it was made. Before selling for more than $3.1 million Thursday, the rare nickel was involved in a car accident, forgotten Top 5 Things NOT to Do Before Bringing Your Coins to a Dealer, "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 Million. Johnson (4/22/1943); Government of Egypt (Sothebys, 2/1954), lot 1695; Eric P. Newman and B.G. Her work has appeared in The New York Times, Popular Science, Publishers Weekly, among others. But it was not a given that the Walton specimen would be there that night. Coin graders not only put your coin through an extensive grading process to determine its overall condition, but will also verify the coins authenticity as well. The counterfeit has much softer details overall, which is especially noticeable when you look closer. A few years ago, I decided to start coin roll hunting, and with $25 I opened an account at the nearest bank that had a coin counting machine. Save my name, email, and website in this browser for the next time I comment. All five of the 1913 Liberty Head nickels were sold by Samuel Brown in 1924 as an intact lot. Then Eric P. Newman of St. Louis bought all five of the famous nickels in partnership with Johnson. 2009-2023 The Fiscal Times. 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. 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. Very nice blog. WebIn 1996, numismatic history was made as Jay Parino paid over 1 million dollars for the Eliasberg specimen of the 1913 liberty nickel. 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. The second would be a cast counterfeit. 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. You need to know more before concluding theyre Henning nickels rather than just standard-issue coins with those dates. At any rate, a total of five specimens were taken from the Mint and kept by Brown. PSE | How to Tell a Real 1804 Dollar from a Fake; I have an 1804 Silver Dollar. But the date is different, and a very clever set of circumstances ensured that the coins bearing it became memorable, twentieth-century legends. Hi im just wondering if anyone here can tell me if this is a real 1913 nickle or if its a fake? In 2005, the Eliasberg specimen, graded PR66 by PCGS, was sold by Ed Lee, President of Lee Certified Coins, Ltd. of Merrimack, NH, to Legend Numismatics of Lincroft, New Jersey and Bruce Morelan of Washington state for $4.15 million. A. If youre looking for a nickel with investment potential that is slightly more within reach, check out the 1928 Buffalo nickel. Were it not for that date, even an advanced collector would hardly give it a second thought. Tags: Buffalo Nickels, Liberty Nickels. As a result, an ample supply exists of Variety 1 examples struck at the Philadelphia, Denver and San Francisco Mints. The mint differentiated these 35% silver coins with a large, centrally placed S, D, or P mint mark directly above Monticello on the coins reverse. He sold them to super-collector Colonel E.H.R. These lines, which resemble die scratches, are especially noticeable above the denomination. 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. This is despite the coins all being struck from dies simulating circulation. Finest known. The ANA serves the academic These coins have not been minted since 1913, and the older they get the more potentially valuable they may be. PSA | It exchanged hands a few times before ending up at the ANA museum where it is on display. I have what I believe is a 1944 no mint mark Henning nickel. In March of 2001, it was auctioned for US$1,840,000. All Rights Reserved. Unsure if I had found an error, I consulted the internet. This is only further proof what people.will do to make it or take our money. ELIASBERG SPECIMEN. How much is it worth? Not made by striking a die against a coin blank like most coins. Breaking up the set for the first time, they sold the coins to others. 2023 Central Jersey Rare Coins Blog - All rights reserved. Is this image real or fake? Accessed August 1, 2016. It is interesting that Henning claimed to have lost money doing this, since the main reason to produce counterfeit currency is profit. With no guarantee of accuracy and counterfeit coins is a Real 1913 nickle or its! And counterfeit coins is a big business for many collectors exists of 1. To any coin collection and may also be a great starting point new... Position in the third edition of the Numismatist, official publication of the new nickels hit a bump when wearing. 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