Cancel Christmas and get a second mortgage on the house.... ANA has announced that the Olsen 1913 Liberty Nickel is going up for auction in the Heritage 2010 FUN auction. This Olsen specimen, was once owned by Egypt's King Farouk. I checked the Heritage site and it is not being advertised there yet. Should we start a pool on the hammer price? Any guesses?
For those of us that remember the TV series Hawaii Five-O, this is the coin that was featured in Season 6, Episode 14, titled "The $100,000 Nickel" The coin ended up in a vending machine.... The episode first aired in December 1973 I'm gonna put my guess at $3,750,000 hammer price
So why all the fuss? I've got several of those in my Albums.:smile Thought those were common. Was that one ever in circulation. That would lower the price you know.
If each of the 20,000 members of CoinTalk each sent me $200 via PayPal, I could buy this coin and I would post really nice pictures. And you could all then say you bought a 1913 Liberty Nickel, I'll just hold on to it for all of us, ok???
Is it true that the only circulated specimen is the one that was kept as a pocket piece by the son of Hetty Green?
As an alternative each member could send you and I $100 and we could both own it, and share joint custody, (I get Christmas)
No the circulated piece was owned and carried/passed around etc by James McDerrmott. At the time Col Green owned the coins none of them were worn and they were kept in a special case. The McDerrmott coin eventually wound up in the hands of Aubry Bebee and was later donated to the ANA museum. (If I remember all of this correctly.) At one time Farouk owned two of the 1913 V nickels. He had his want list placed with several dealers and Abe Kosoff purchased a 1913 for him, I forget which one but not he Eliasberg or McDerrmott coin, and just shortly afterwards B Max Mehl bought and shipped him the Olson coin. Farouk shipped it back, unopened, with instructions to resell it because he didn't need a duplicate.
Update: Heritage has the Hawaii Five-Oh nickel up on their site for the January 2010 FUN auction. Link to the listing: http://coins.ha.com/common/view_item.php?Sale_No=1136&LotIdNo=105016 Now, without looking it up, can anyone guess the NGC certification number that was assigned? OK, go look....... Direct link to pic of slab at the Heritage site. http://coins.ha.com/common/view_item.php?Sale_No=1136&LotIdNo=105016#photo
UPDATE: The Auction is Underway Here is the auction for this nickel. Anybody have their bid in yet? http://www.meguiarsdirect.com/product_detail.asp?T1=MEG+G12310