Coins have fascinated collectors for centuries, but every now and then, a coin shows up that’s so rare, it stuns the numismatic world. The 1913 Liberty Head Nickel is one of those legendary coins, fetching an incredible $4.2 million in 2022. But it’s not the only one. There are coins so rare or “forbidden” that just owning one could be life-changing. Let’s look into what makes these coins so valuable, how to identify them, and which others you should keep an eye on.
Special
The 1913 Liberty Head Nickel is a unicorn in the coin world. Only five were ever made—and they weren’t even supposed to exist. These coins were secretly minted during a design transition at the U.S. Mint when the Liberty Head design was being retired for the Buffalo Nickel. Because they were never officially authorized, they’re considered forbidden coins.
One particular specimen, known as the Walton specimen, was sold for $4.2 million in 2022. Its rarity and mysterious backstory make it a true gem in the world of rare coins.
Table
Here’s a look at a few major coin sales and their unique features:
| Coin Name | Date of Sale | Price | Special Features |
|---|---|---|---|
| 1913 Liberty Head Nickel | October 2022 | $4.2 Million | One of only five known specimens |
| 1804 Bust Dollar – Class I | December 2020 | $3.36 Million | King of American Coins |
| 1795 Eagle, 9 Leaves | January 2022 | $3.36 Million | Rare design feature, gold coin |
| 1795 Capped Bust Gold Eagle | May 2023 | $2.71 Million | High-grade, historic gold coin |
| 1913 Liberty Nickel PF-64 CAC | January 2014 | $3.29 Million | Graded PF-64, CAC certified |
Spotting
Want to find your own treasure? Spotting rare or forbidden coins takes a sharp eye and a bit of know-how.
- Basics – A rare coin is usually defined by its limited mintage, historical story, and excellent condition. Coins that check all three boxes are especially valuable.
- Inspect the Design – Look for details like the coin’s artwork, date, and mint mark. Rare designs, errors, or unusual minting years can signal a valuable find.
- Watch for Mint Errors – Coins with missing letters, wrong dates, or misprints can be worth serious cash.
- Material Matters – Coins made from gold, silver, or unusual metals often hold more value beyond just being rare.
- Know the Variants – Some coins, like the 1795 Eagle, come in different versions. A “9 Leaves” version, for example, might be far rarer than a standard release.
Provenance
A coin’s history or ownership adds another layer of value. Coins tied to famous people or sold at legendary auctions often fetch higher prices. The 1913 Liberty Head Nickel, for example, was once part of a famous collection and hidden for decades, which made it even more desirable when it resurfaced.
Coins
Besides the 1913 Liberty Head Nickel, here are five more rare and forbidden coins that have shocked collectors with their price tags:
1804 Bust Dollar – Class I
Known as the “King of American Coins,” only a few Class I versions exist. One sold for $3.36 million in 2020. These coins were actually minted years after their stamped date, making them historically intriguing.
1795 Eagle, 9 Leaves
This gold coin has a unique design element—nine leaves on the olive branch—which sets it apart from other 1795 Eagles. One sold for $3.36 million in early 2022.
1795 Capped Bust Gold Eagle
With its elegant design and extremely limited supply, this coin grabbed $2.71 million at auction in 2023. It’s a solid gold beauty from the early days of U.S. minting.
1913 Liberty Head Nickel PF-64 CAC
Another version of the famous nickel, this one was graded PF-64 and came with a CAC sticker, signaling high-quality assurance. It brought in $3.29 million in 2014.
1804 $1 Original – Class I (Proof)
Minted for diplomatic gifts and not general circulation, the Draped Bust Dollar is one of the rarest coins from early U.S. history. This one sold for $3.29 million in 2017.
Grading
Coin grading determines a coin’s quality and authenticity. Ranges go from P-1 (poor) to MS-70 (perfect uncirculated). Services like PCGS and CAC evaluate coins based on their strike, luster, and condition. A professionally graded coin is far more appealing to buyers and collectors.
Trading
Thinking of buying or selling a rare coin? Here’s how to do it smartly:
- Research First – Learn the coin’s background and market value.
- Use Auction Houses – Companies like Heritage Auctions and GreatCollections are trusted places to buy or sell rare coins.
- Visit Coin Shows – These are great places to see coins, meet experts, and make valuable contacts.
- Seek Expert Advice – If you’re handling coins worth thousands (or millions), professional input is non-negotiable.
Checking or owning a rare coin isn’t just about luck—it’s about knowledge, timing, and attention to detail. So keep your eyes open. That dusty old coin might just be your golden ticket.
FAQs
Why is the 1913 Liberty Nickel so rare?
Only five were secretly minted and never circulated.
How much did it sell for in 2022?
It sold for $4.2 million in October 2022.
What does forbidden coin mean?
It refers to coins not officially released for circulation.
What’s the role of coin grading?
It helps assess quality, affecting the coin’s market value.
Where can I sell a rare coin?
Try auction houses or certified coin dealers.
