Wow!! $3 - $5 Million for a nickel!!

[VenomJockey]

http://www.foxnews.com/science/2018...rare-liberty-head-nickel-set-for-auction.html

Excerpt: "An extremely rare 1913 Liberty Head nickel is expected to fetch between $3 million and $5 million when it is auctioned on Wednesday. The Liberty Head nickel is one of only five in existence, Vicken Yegparian, vice president of Numismatics at auction house Stack’s Bowers Galleries, told Fox News.
“No-one really knows the circumstances of their production,” he said. “This is the best of the five, it’s known as the Eliasberg specimen.”

 

[tmttactical]

WOW, 5 Cents in 1913 -- $3,000,000 to $5,000,000 2018, now that is some inflation rate.

 

[Brent S]

http://www.foxnews.com/science/2018...rare-liberty-head-nickel-set-for-auction.html

Excerpt: "An extremely rare 1913 Liberty Head nickel is expected to fetch between $3 million and $5 million when it is auctioned on Wednesday. The Liberty Head nickel is one of only five in existence, Vicken Yegparian, vice president of Numismatics at auction house Stack’s Bowers Galleries, told Fox News.
“No-one really knows the circumstances of their production,” he said. “This is the best of the five, it’s known as the Eliasberg specimen.”

Eliasberg was the top coin collector, ever. He not only collected one of every type of coin, including each year, mint mark, and denomination but he usually had the finest known of them. His collection blew away even the smithsonians. There was one coin he didn’t have though, an unknown dime that was discovered after his death. This guy was the Rambo and Dali lama of coin collectors. Being really rich has its perks.
The liberty nickel mentioned here wasn’t authorized to be made. A former mint employee named Samuel Brown mysteriously owned all 5 of them known. Can you say inside job..... in 1972 one sold for 100k. I wish I had 100k back then.

 

[DrPrepper1]

Eliasberg was the top coin collector, ever. He not only collected one of every type of coin, including each year, mint mark, and denomination but he usually had the finest known of them. His collection blew away even the smithsonians. There was one coin he didn’t have though, an unknown dime that was discovered after his death. This guy was the Rambo and Dali lama of coin collectors. Being really rich has its perks.
The liberty nickel mentioned here wasn’t authorized to be made. A former mint employee named Samuel Brown mysteriously owned all 5 of them known. Can you say inside job..... in 1972 one sold for 100k. I wish I had 100k back then.

I like collecting coins. Of course, I have nothing of any real value. Do you think one day they will do away with the penny and start melting the older ones for copper?

 

[VenomJockey]

I like collecting coins. Of course, I have nothing of any real value. Do you think one day they will do away with the penny and start melting the older ones for copper?

It costs more than a penny to make a penny, I'm surprised they haven't done away with them yet!!

 

[Kevin L]

Three to five million for a nickel?

I thought you were talking about Venazuelan Bolivars, or Zimbabwe dollars.

 

[Brent S]

That’s not just a nickel, it’s ‘THE’ nickel, or Sir Nickel.... lol
Yeah, it’s nuts to keep making a penny when it costs more to make than it’s worth. Only a government would do something so counter productive.