1913 Liberty Head Nickel Found in Forgotten Coin Purse Sells for $1.5 Million

In May 2025, the numismatic world was rocked by the discovery of a 1913 Liberty Head Nickel, a coin that had been hidden away for more than a century. Found inside an old leather coin purse during the sorting of a family estate, this remarkable coin sold for a jaw-dropping $1.5 million at auction. With only five known specimens in existence before this find, this newly discovered sixth coin has taken its place in numismatic history.

A Glimpse into the Fascinating History of the 1913 Liberty Head Nickel

The Liberty Head Nickel design was last used in 1912, and mint records show no official production of these coins in 1913. However, five mysterious specimens of the 1913 Liberty Head Nickel have existed outside of official records, creating an air of mystery and intrigue around their existence. These coins were never intended for circulation, and their discovery over the years has been marked by their oddity and rarity.

The coin now being heralded as the “Walton Specimen” joins the ranks of these historical coins. Its pristine condition and mysterious origin only add to its allure, and it has captivated collectors and historians alike.

The Discovery of the Coin

The coin was found inside a worn leather coin purse in a family estate. As the family sorted through decades-old belongings, they came across the coin, which appeared heavier than a typical nickel. Upon closer inspection, they noticed the 1913 date and the iconic Liberty Head design.

After professional appraisers confirmed its authenticity and nearly flawless state, the coin was prepared for auction. Its discovery, nestled among common household items, only heightened its value — making it even more desirable to collectors.

Auction Result: $1.5 Million and Beyond

At the auction, bidding started at $500,000 but rapidly soared, ultimately reaching $1.5 million. The sale was a landmark event in numismatics, as it marked the highest price ever paid for a 1913 Liberty Head Nickel at auction. Though the buyer remains anonymous, experts believe it was purchased by a private collector known for acquiring rare and historically significant U.S. coins.

This sale has not only set a new record but also solidified the importance of rare coin collecting as an asset class. The excitement surrounding this coin further demonstrates the immense value collectors place on pieces with historical mystery, rarity, and condition.

The Known 1913 Liberty Head Nickels

Below is a comparison of the known specimens:

The discovery of this new coin has not only added to the tally of known 1913 Liberty Head Nickels but has also increased the lore and mystique surrounding these rare pieces of U.S. history.

What Makes This Coin Worth $1.5 Million?

Several factors contribute to the staggering value of the Walton Specimen:

1. Extreme Rarity: Only six known 1913 Liberty Head Nickels exist, and the recent discovery adds a new dimension to their scarcity.

2. Historical Significance: The fact that these coins were never officially recorded or minted for circulation in 1913 has made them historically enigmatic, adding a layer of intrigue to the find.

3. Exceptional Condition: The coin was preserved in a leather coin purse for over a century, maintaining remarkable detail and luster, making it even more valuable to collectors.

4. Collector Demand: The 1913 Liberty Head Nickel is one of the most iconic and coveted coins in the U.S. numismatic community, making it an object of desire for serious collectors.

5. Provenance: The coin’s discovery in an old estate adds an exciting backstory that increases its appeal. A find like this doesn’t just increase the coin’s value but enhances its narrative, making it a centerpiece in any collection.

Investment Potential and Future Outlook

Rare coins like the 1913 Liberty Head Nickel are considered sound investments in alternative asset markets. As they become more scarce and their historical significance increases, the value of these coins only appreciates. The recent $1.5 million sale further proves that numismatic investments continue to thrive, and rare finds like this are bound to remain highly sought after.

For aspiring collectors, this discovery serves as a reminder that valuable coins could be hidden anywhere — in family heirlooms, old coin purses, or forgotten boxes. If you have any old coins lying around, now might be the time to take a closer look!

FAQs

How do I know if I have a 1913 Liberty Head Nickel?
If you find a coin marked “1913” with the Liberty Head design, it’s essential to have it appraised by a professional. These coins are incredibly rare, and only five were known to exist until this recent discovery.

Why are 1913 Liberty Head Nickels so rare?
These coins were never officially produced in 1913. Due to a mysterious production error or intentional unauthorized minting, only five coins were known to exist before the Walton Specimen was found.

How can I sell a rare coin like a 1913 Liberty Head Nickel?
You can sell rare coins either privately or through auctions. Auctions are often the preferred route for valuable coins, as they create competitive bidding, potentially driving up the final sale price. However, private sales through trusted dealers can also be an effective option.

What makes the Walton Specimen different from the others?
The Walton Specimen is unique in its story and discovery. It was found in a forgotten coin purse after over a century, adding an intriguing layer of mystery to its provenance. Its near-pristine condition also sets it apart from other specimens that may have experienced wear.

The 1913 Liberty Head Nickel in Today’s Market

This remarkable discovery reaffirms the timeless allure of rare coins. As long as there is demand for historical and scarce items, the 1913 Liberty Head Nickel will continue to captivate the imagination of collectors and investors alike, solidifying its place as one of the most valuable coins in U.S. history.