Have you ever heard Capital One’s slogan, “What’s in your wallet?” these particular coins will have you thinking more along the lines of, “What’s in your Pocket?” The 1913 Liberty Head V Nickel may not by in my pocket, but it is a coin so rare that if found in perfect condition, it can be worth $4,408,650. Not in perfect condition? No worries! Experts estimate the Liberty Head V Nickel value at a minimum of $3,428,950. For a coin whose face value is only five cents, it is amazing that without a mint mark and 0% silver content it could still hold such a value. An “average” 1913 Liberty Head V nickel in poor quality, showing some wear, and actually used to buy some kid’s candy at one time would fetch an astonishing amount if found in a piggy bank. If this nickel had been kept in pristine condition, and it was without flaws, then the value is staggering – life changing at that. Actually finding this coin would be very rare since there were only 5 – yes five – ever made, and this is where the value comes into play.
Now here is another shocker, the 1893 S Morgan Silver Dollar can be worth at least $550,000, or more if found in perfect condition. The silver dollar bears the mint mark of ‘S’ signifying San Francisco, and the total ever produced was 100,000, thus making it less rare than the 1913 Liberty Head Nickel. The S Morgan’s silver content however is 90%, and the face value is obviously only a dollar. If you melted the silver dollar, should you be so desperate to melt it down for some reason, the silver content would be worth only about $17 (Down from half a million dollars). So you can deduce that the rarity, mint mark, condition, and silver content of a coin all have their place in making them worth more than their face value. So take a moment and ask yourself “what’s in your pocket?”
Here is a beautiful example of an 1893 S in VF condition, so while it is worth considerably less, it is still a quite valuable coin.
If you would like to see some exceptional collector’s coins, stop by any our Good Ole Tom’s locations for some museum quality coins