June 02, 2005

Rare nickel sells for $4 million

Not many people can retire on a nickel -- unless it's a rare 1913 Liberty Head like the one that sold Thursday for $4.15 million. It is the second-highest price ever reported paid for a rare coin.
Liberty Head nickels were minted from 1883 to 1912. "Miss Liberty" was replaced the following year by the Indian, or Buffalo, nickel. But five 1913 nickels depicting "Miss Liberty" were minted illegally, possibly by a mint official. They were never put into circulation and were considered illegal to own for many years because they were not regular issue. The coins surfaced in the 1920s.
Uhm ... maybe I should keep an eye my nickel collection from when I was a kid?


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