The famous 1913 “Walton” Liberty Head Nickel will be on display at the January FUN coin show in Orlando, FL this weekend, as it tours the major coin shows before being auctioned off in April. This ultra-rare coin with the fascinating history is expected to fetch at least $2.5 million.
In 1913, the nickel was changed from the Liberty Head design to the Buffalo/Indian Head design. Todd Imhof, executive VP of Heritage Auctions, tells the story: “Five nickels with the old Liberty Head design but dated 1913 were struck under mysterious circumstances at the Philadelphia Mint. Their existence was not known until the five coins appeared at the American Numismatic Association convention in Chicago in 1920. “
The five coins were split up in the 1940s. One was purchased by George Walton, a coin collector who died in a car crash in 1962 while carrying hundreds of rare coins, including the 1913 Liberty Nickel. Police recovered the nickel from the wreckage, but Walton’s heirs were told that it was a fake. It spent the next 40 years in the back of a closet before being compared to the other four nickels in 2003 and confirmed as authentic.
Read the entire story at CoinWeek then come to the Orlando FUN show this weekend to see it for yourself! While you’re there, drop by Gainesville Coins’ booth, #212, and say hello. This has been an extremely active show this year!