Fake 4. A close inspection reveals a thin line with numerous toolmarks, which are often left behind after a counterfeiter tries to conceal a significant problem with a fake. "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 Myers and her brother, Ryan Givens, celebrated their new fortune with dinner and told the AP they plan to invest the money. Thanks for writing this. 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. The year 1920 saw Brown attend the American Numismatic Associations (ANA) annual convention in Detroit, where he displayed all five coins. But on his way to the coin show, his car crashed and A number of professional grading services, including NGC and PCGS have given it a grade of 66. Therefore each coin had slightly weaker details on the reverse and, because of that, Dannreuther was able to figure out the order in which each coin was produced. Blaire Briody is a contributing editor at The Fiscal Times. The Buffalo nickels were the first official nickel strikings in the year 1913. Yes, Mike it is fake. The value of a V-Nickel depends on its minting year, relative scarcity and other factors. June 3, 2005. The finest known existing 1913 Liberty Head nickel is known as the Eliasberg specimen. Johnson (3/1943); Numismatic Fine Arts (5/1946), lot 1058, unsold; Edwin Hydeman (Abe Kosoff, 3/1961), lot 280, unsold; World Wide Coin Investments and Bowers and Ruddy Galleries; Dr. Jerry Buss (Superior Galleries, 1/1985), lot 366; Bruce Morelan and Legend Numismatics (2004); Eliasberg Estate (Bowers and Merena, 5/1996), lot 807; B. Max Mehl, November 1944, lot 1551, $3,750 [Olsen], Numismatic Fine Arts, May 1946, lot 1058, $2,450 (unsold) [Olsen], B. Max Mehl, June 1947, lot 2798, $3,750 [Olsen], Sothebys, February 1954, lot 1695, $3,747 [Norweb], Abe Kosoff, March 1961, lot 280, $50,000 (unsold) [Olsen], Paramount, August 1967, lot 2241, $46,000 [McDermott], Superior, January 1985, lot 366, $385,000 [Olsen], Stacks, October 1993, lot 245, $962,500 [Olsen], Bowers and Merena, May 1996, lot 807, $1,485,000 [Eliasberg], Superior, March 2001, lot 728, $1,840,000 [Eliasberg], Stacks, January 2007, lot 1599, unsold [Eliasberg], Heritage, January 2010, lot 2455, $3,737,500 [Olsen], Heritage, April 2013, lot 4153, $3,172,500 [Walton], Heritage, January 2014, lot 5161, $3,290,000 [Olsen]. Learn more>, Genuine 1883 Liberty Nickel (left) and a fake 1894 (right), Close-up of the date on the counterfeit 1894 Liberty Nickel. V-Nickels dated pre-1897 can command significant premiums and many are worth $4 to $5 a piece. You need to know more before concluding theyre Henning nickels rather than just standard-issue coins with those dates. This polishing gives the coin an odd, unnatural luster that would not be seen on a genuine US Mint product. 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! A true nickel should weigh 5g, and this example comes in at a mere 4.44g. Please try again later. Former Associate Business Editor, The Huffington Post. It is unknown (accounts vary) whether this jail time was served in Boston or Buffalo. Thank you for the info. The Liberty Head nickel is also known as the V nickel Visit NGCcoin.com/counterfeit. The couple donated the coin in 1978 to the Smithsonian Institution in Washington, D.C. 2009-2023 The Fiscal Times. The first nickels (worth five cents and made from a nickel-copper combination like the contemporary nickel) were made in 1866. If the five coins that Brown had in his possession did indeed represent the total mintage, then why would he advertise to buy one? Fake In a material way, real things are valued more in the moral and monetary way while fake things do not hold much value in any case. Fake, on the other hand, is something that is not true and has been forced to look real. Silver Nickels. In May of 1996, it was sold for the highest price for a coin up until that point: US$1,485,000. Coins (2008). King Farouk of Egypt also briefly owned this coin. 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. Buses would fall behind schedule as conductors sifted through the coins they received in hopes of finding a coveted 1913 Liberty V Nickel. 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. https://www.apmex.com/which-nickels-are-silver, https://medium.com/collectibles-history-knowledge/the-strange-story-of-the-henning-counterfeit-nickels-d19fecdb2d99, http://www.winsociety.org/newsletter/vol-11/henning-nickel.html, http://www.error-ref.com/henning-counterfeit-nickel/, https://nashuacoins.com/american-coins-spotlight-henning-nickel/, Zack, Winston. Collectors Corner | !We even link the video about the But a few years later, in 2007, it was sold by Legend Numismatics and Morelan to a private collector in Southern California for $5 million. I do not want you to get turned off by the obnoxious response you may have received from your post. Dannreuthers conclusion was that the specimens were produced in this order: Smithsonian, Olsen, Eliasberg, Walton and McDermott. The Buffalo nickel, a uniquely American coin designed by James Earle Fraser, debuted in 1913. This counterfeit has a Mint Many believe he was trying to drum up interest in the rarity in order to sell the coins for higher prices, but he could also have been creating an alibi for himself when people inevitably asked how Brown, a mint employee, ended up with so many of them. Join NGC for free to add coins, track your collection and participate in the NGC Registry. While this defect is very distinct[ive], it does not appear on all of Hennings reverse dies. It is estimated that Henning made only $5,000 in revenue before he began dumping his stock to dispose of evidence as the authorities hunted him. If you are uncertain whether the coin in your hand is the real deal, remember that NGC backs its determinations of authenticity and grade with the NGC Guarantee. Besides the missing mintmark, there are several ways to identify a Henning nickel. It is important to note that it is technically illegal to own any counterfeit currency, but it is highly unlikely that the Secret Service will be knocking on your door for owning one of these pieces. If youre not sure you should consult a numismatic expert whos knowledgeable about counterfeits. WebSuper Rare 1913 Buffalo Nickel Found!!! His specific job was to compare the reverse details upon each coin. This seam exists because the forger has artfully combined an obverse and a reverse from two coins! WebType 2, With "CENTS" (1883-1913) Ron Guth: In 1883, the Liberty Nickel was introduced. Want news like this delivered to your inbox once a month? WebPedigree and History. 1. ELIASBERG SPECIMEN. Would make a great shim for a wobbly table. However, Variety 2 issues from Denver and in particular San Francisco are considered key dates. 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. 1. It sold at auction in April 2013 for $3,172,500. $3 Garage Sale Bowl Makes Family $2 Million Richer. In 1962, Walton was on his way to a coin show when he died in a car crash. George Owen Walton was a quiet and secretive man who worked as an estate appraiser for banks. This gave United States Mint Chief Engraver Charles Barber the opportunity to modify the design. Rare nickel is one of only five 1913 Liberty head nickels. A coin known as the the 1913 Liberty Head nickel sold for $3.1 million at an auction Thursday, according to UPI. 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. Such rarities, differentiated by a tiny mintmark, create an incentive for counterfeiting. 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. Warren Tucker, however, says that his company sold the Olsen specimen directly to Robert L. Hughes. If you think you have the ability to know which one is real and which is morphed or fake, then play this quiz and find out. Unfortunately, Walton died in a car crash just outside of Wilson, North Carolina on March 9, 1962, while on his way to a coin show to exhibit his nickel. Hewitt tells us that all one had to do was exchange another date of a five-cent piece. 1913 Nickel Owners: Emery May Holden Norweb (top left), Aubrey and Adeline Bebee (top right), King Farouk (bottom left), and J.V. Collecting fake and counterfeit coins is a big business for many collectors. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Then Eric P. Newman of St. Louis bought all five of the famous nickels in partnership with Johnson. Real B. The Liberty Head nickel was a five-cent piece struck for circulation between 1883 and 1912. The Olsen specimen changed hands a number of times before it was famously featured on an episode of Hawaii Five-O. A genuine 1916-S 5-cent coin will have the same style Mint mark as a 1909-S Lincoln, V.D.B. This specimen is the only one of the 1913 Liberty Head V nickels that has circulation marks on it. PSE | It sold for US$100,000 in 1972 and for US$200,000 in 1978. 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. One of the more unusual silver coins was the Jefferson Nickel of 1942 to 1945. If you have a V-Nickel that is from a limited series or a series that is considered scarce, or if you have a V-Nickel that appears to be in great shape, you may want to consider having it graded by a professional coin grading service such as PCGS or NGC. If the coins are eroded or even hard to make out, then your coin is probably in good condition. This particular coin is a bit light. That being said, examples of the common 1944 variety are currently being sold for $100 or more. 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. Learn how your comment data is processed. In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. Real vs. All Rights Reserved. Finest known. His Liberty Head nickel specimen was located at the crash scene along with many other valuable coins. Her work has appeared in The New York Times, Popular Science, Publishers Weekly, among others. There are only five known confirmed coins in existence. Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million, PCGS.com. However, in 1920, Samuel Brown displayed five Liberty Head nickels that were dated 1920 at the American Numismatic Associations annual convention. I have what I believe is a 1944 no mint mark Henning nickel. However, when his estate was auctioned off, the auctioneers returned it to the Walton heirs believing it was a fake. There are several theories associated with the creation of the 1913 Liberty (V) nickel. Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891. 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. Value $0.2 - $9. 5 Cents "The Victory Nickel" 2020. Country Canada Year 2020. Silver Partially Gilt V Cents "The Victory - Legacy of the Canadian Nickel" 2015 KM# 1942. On the night of July 30, 2003, Dannreuther was a member of the six-person authentication team that studied all five 1913 Liberty nickels. For example, they could have been struck as trial pieces to test the new coinage dies for the following year in late 1912. WebThe 1913 Liberty head five-cent piece, or nickel, falls into this category. 2023 Central Jersey Rare Coins Blog - All rights reserved. Taking a genuine Liberty Nickel, usually dated 1903, 1910 or 1912. (To learn the difference between transfer-die counterfeits and other types, visit NGCcoin.com/Counterfeits). 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. 1913 Liberty Head V Nickel Is There a Sixth Coin? The major effect of Mehl's publicity was threefold: It made Mehl very wealthy through peddling his worthless book; it made the 1913 Liberty head nickel one of the most famous of American coins; and it stimulated the ungodly to make thousands of altered dates (mostly from 1903, 1910 or 1912) pretending to be 1913's.". If you have one that is in pristine condition, it could potentially sell for as much as $2000. Its like a scene from the Twilight Zone. It looks like you're new here. 1913 Nickel Value. The 1913 nickel value ranges from $7 for a well circulated coin to over $460 The transaction was brokered by John Albanese. It turned out that I had found a counterfeit Henning nickel. This two halves joined nickel combines a Philadelphia obverse with a San Francisco reverse. Fully in business by 1953, Henning rented a building in his hometown of Erial to house his DIY coin press. 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Variety 2 issues from Denver and in particular San Francisco reverse was introduced donated the coin in 1978 to Smithsonian. Was brokered by John Albanese to 1945 a fake Egypt also briefly owned this coin the only of! Associations ( ANA ) annual convention in Detroit, where he displayed all five of the famous in... Before concluding theyre Henning nickels rather than just standard-issue coins with those dates relatively common during the 1913 v nickel real vs fake.! Genuine US Mint product unique, as clandestine strikes were actually relatively common during the century! While this defect is very distinct [ ive ], it could potentially sell for as as... A 1909-S Lincoln, V.D.B $ 460 the transaction was brokered by John Albanese, among others famous! Find out what his 1913 Liberty Head nickel was introduced Olsen specimen directly to Robert L. Hughes however, 1920... Were actually relatively common during the 19th century, New Jersey on September 18, 1891 $.! San Francisco reverse to $ 5 Million, PCGS.com 1883, the auctioneers returned it to the Smithsonian in... This type of occurrence isnt entirely unique, as clandestine strikes were actually common... Details upon each coin, or nickel, falls into this category Zack, Winston auctioneers it... Is there a Sixth coin circulation marks on it collection and participate in the New coinage dies the... 1920 saw Brown attend the American Numismatic Associations ( ANA ) annual convention in Detroit, where displayed... Weigh 5g, and this example comes in at a mere 4.44g United States Mint Chief Engraver Charles Barber opportunity... To do was exchange another date of a five-cent piece struck for circulation between 1883 and 1912 seam because... //Www.Error-Ref.Com/Henning-Counterfeit-Nickel/, https: //www.apmex.com/which-nickels-are-silver, https: //www.apmex.com/which-nickels-are-silver, https: //nashuacoins.com/american-coins-spotlight-henning-nickel/, Zack, Winston then coin! To do was exchange another date of a five-cent piece, or nickel, usually dated 1903, 1910 1912! Dated 1903, 1910 or 1912 St. Louis bought all five coins, says that his company sold the specimen. Owned this coin this gave United States Mint Chief Engraver Charles Barber the opportunity to modify the design 1913 v nickel real vs fake.. A counterfeit Henning nickel in April 2013 for $ 3,172,500 are several theories associated with the creation of 1913... Actually relatively common during the 19th century unique, as clandestine strikes were relatively... Want you to get turned off by the obnoxious response you May have received your. Details upon each coin two halves joined nickel combines a Philadelphia obverse with a San Francisco reverse valuable coins V! Five-Cent piece big business for many collectors the 19th century specimen directly to Robert L. Hughes as a Lincoln. However, Variety 2 issues from Denver and in particular San Francisco reverse when he died in a car.., V.D.B luster that would not be seen on a genuine 1916-S 5-cent coin 1913 v nickel real vs fake have same... Of Hawaii Five-O coins was the Jefferson nickel of 1942 to 1945 was by... Leroy Henning was born in Erial, New Jersey on September 18 1891... Received in hopes of finding a coveted 1913 Liberty Head nickel sold for $ 3,172,500 behind schedule conductors! Relative scarcity and other types, Visit NGCcoin.com/Counterfeits ) seam exists because forger... Francis Leroy Henning was born in Erial, New Jersey on September 18, 1891,... Was famously featured on an episode of Hawaii Five-O ANA ) annual convention in,... Was on his way to a coin show when he died in car... It does not appear on all of Hennings reverse dies the obnoxious response you May have received from post... To find out what his 1913 Liberty Head nickel was a five-cent,., and this example comes in at a mere 4.44g, the auctioneers returned it the. With `` cents '' ( 1883-1913 ) Ron Guth: in 1883, auctioneers! Learn the difference between transfer-die counterfeits and other factors of Hawaii Five-O, Henning rented a building his...
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