The E-Sylum:  Volume 8, Number 23, June 5, 2005, Article 14

1913 LIBERTY NICKEL TRADES HANDS

Christopher Rivituso, Arthur Shippee and others pointed
out a June 2nd Associated Press story about the sale of
a 1913 Liberty Nickel.

"Not many people can retire on a nickel unless it's a
rare 1913 Liberty Head like the one that sold Thursday
for $4.15 million."

Legend Numismatics, a coin dealership in Lincroft, N.J.,
bought it from collector Ed Lee of Merrimack, N.H. It
is one of only five such nickels known to exist."

"The nickel will be on display through Saturday at a coin
show in Long Beach, Calif. "We are going to display it
and enjoy the hell out of it," Sperber said.

Lee bought the coin from California sports agent Dwight
Manley two years ago for nearly $3 million. At the time,
he joked that he would be able to retire on the nickel."

Here's a copy of the story in The Washington Post: Full Story

On June 3rd the Asbury Park Press published a story as well:
"When Laura Sperber sold a rare 1913 Liberty Head nickel
last year for $3 million, she knew she got a raw deal.

"The day the coin left our possession, we regretted it," said
Sperber, co-president of the coin dealership Legend
Numismatics, based in the township's Lincroft section.

At a Long Beach, Calif., coin show on Thursday, she set
things right, announcing that Legend Numismatics had
purchased the finest of five known 1913 Liberty Head nickels
for $4.15 million. It was one of the highest prices ever paid
for a rare coin, second only to a $7.6 million purchase in
July 2002 of a 1933 U.S. $20 gold piece.

Full Story

  Wayne Homren, Editor

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