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Leopoldo Hudson

How to Make Hundreds of thousands From 5 Cents - 0 views

liberty head rare coins US coin

started by Leopoldo Hudson on 08 Sep 12
  • Leopoldo Hudson
     
    If making hundreds of thousands from a nickel sounds ridiculous, it is not. The only factor you need to have is a US five-cent nickel coin referred to as Liberty Head from 1913. But do not start off rummaging your aged coin collection yet. The possibilities are really large that you wouldn't find it there. This is due to the fact there are only 5 this sort of coins recognized to exist - one particular of which was sold at an auction for $three.7 million in January 2010.

    So what is so unique about Liberty Head coins?

    The US Mint struck the Liberty Head coins from 1883 to 1912. It was known as Liberty head because of its layout of Liberty on its reverse side. So there are thousands and thousands of such cash around. What tends to make the 1913 nickel so rare is that the US stopped minting the Liberty Head cash from 1913. But five these kinds of cash had been minted secretly with the date 1913.

    Since there had been only 5 of them they grew to become treasured for the collectors. The rarity of the coin grew to become extensively known when it was highlighted in a "Hawaii Five-O" episode that was aired in 1973.

    How a impeccable turned into millions

    King Farouk of Egypt who was deposed in 1952 had this impeccable in his collection. Then the coin is said to have changed palms a quantity of occasions. Dr Jerry Buss (Los Angeles Lakers) paid $200,000 for it in 1978. Then it went from a single proprietor to one more numerous moments ahead of it crossed the million value tag in 2003, according to Antique Trader Blog.

    Following 7 several years it has gone for $3,737,500 in a community auction conducted in Orlando, Florida by Dallas' Heritage Auctions on Jan. 7, 2010. The names of the customer and the seller were not unveiled but it is believed that a really avid, and of training course rich, non-public collector purchased it to fill up a gap in his or her assortment.

    Where are the fabled five now?

    One 1913 Liberty impeccable is in the Smithsonian Establishment in Washington, DC. The American Numismatic Affiliation (ANA) Funds Museum in Colorado Springs, Colorado, has the other one particular. The rest three, like the 1 auctioned in January 2010, are with personal collectors.

    So obtaining this uncommon coin is up coming to extremely hard unless you have extremely really deep pockets and if a personal collector is willing to portion with it. But be on the lookout for other such coins and who is aware of you might strike gold.


    REFERENCES:


    http://www.fivestararticles.com/Article/Choosing-Between-Gold-From-Silver/213398

    http://www.myarticlessite.com/Art/58387/87/Choosing-Between-Gold-From-Silver.html

    http://www.realestatearticles4u.com/Art/345535/211/Gold-Versus-Silver.html

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