Rare 1913 nickel fetches more than $3.1M at auction

Published April 26, 2013

| Associated Press

A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million.

The 1913 Liberty Head nickel is one of only five known to exist. But it's the coin's back story that adds to its cachet: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades then declared the real deal.

It was offered for sale by four Virginia siblings at a rare coin and currency auction in the Chicago suburb of Schaumburg on Thursday, and sold for well over the expected $2.5 million.

The winning bidders were two men from Lexington, Ky., and Panama City, Fla., who bought the coin in partnership.

URL

http://www.foxnews.com/us/2013/04/26/rare-113-nickel-fetches-over-31m-at-auction/