For coin collectors, certain pieces transcend their face value, embodying rich histories and unique stories. The 1910s, a decade marked by significant reforms under President Theodore Roosevelt, produced several coins that have become highly coveted by numismatists. Minting anomalies and distinctive features have elevated these coins to extraordinary values in today’s market.
1. 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel stands as one of the most enigmatic and valuable coins in American numismatics. Only five specimens are known to exist, and their origin remains shrouded in mystery. Samuel W. Brown, a former Mint employee, is often associated with their creation, having publicized their existence in 1920.
In August 2018, the finest known example of this coin, graded PR66 by Professional Coin Grading Service (PCGS), was sold at a Stack’s Bowers auction for $4,560,000. This sale underscores the coin’s immense rarity and desirability among collectors.
2. 1916 Doubled Die Obverse Buffalo Nickel
The 1916 Doubled Die Obverse Buffalo Nickel is renowned for its distinctive minting error, where the obverse design was struck twice, resulting in noticeable doubling, particularly on the date. This error went largely unnoticed until the mid-20th century, adding to its allure.
The auction record for this coin is $281,750, achieved for a PCGS MS64 graded specimen in August 2004. The value of this coin is heavily influenced by its condition and the prominence of the doubling effect.
3. 1919-D Full Bands Mercury Dime
The 1919-D Full Bands Mercury Dime is distinguished by the sharpness of the horizontal bands on the fasces (a bundle of rods) on the reverse side. Coins exhibiting fully separated and distinct bands are rare, as many dimes from this era were not struck with sufficient pressure to display this detail.
A 1919-D Full Bands Mercury Dime in exceptional condition fetched $156,000 at auction, highlighting the premium placed on well-struck examples with full band details.
| Coin | Distinctive Feature | Auction Record Price | Auction Date | Grading Service | Grade |
|---|---|---|---|---|---|
| 1913 Liberty Head Nickel | One of five known; mysterious origin | $4,560,000 | August 2018 | PCGS | PR66 |
| 1916 Doubled Die Obverse Buffalo Nickel | Doubling on obverse, especially date | $281,750 | August 2004 | PCGS | MS64 |
| 1919-D Full Bands Mercury Dime | Sharp, distinct bands on reverse | $156,000 | Not specified | Not specified | Not specified |
Collecting coins from the 1910s offers a tangible connection to a transformative era in American history. The unique characteristics and stories behind these coins continue to captivate collectors and historians alike.
Why is the 1913 Liberty Head Nickel so valuable?
Its value stems from its extreme rarity, with only five known specimens, and the mystery surrounding its unauthorized minting.
What causes a “doubled die” error in coins?
A doubled die error occurs when the coin’s design is impressed twice onto the die at slightly different angles, leading to a doubled appearance on the coin.
How can I identify a Full Bands Mercury Dime?
Examine the reverse side of the dime; if the horizontal bands on the fasces are fully separated and distinct, it qualifies as a Full Bands example.
