A rare nickel coins can dating back to 1913,and it is expected to fetch $3million when it will auctioned in Orlando, Florida in January.
This coin is one of the only five that ever made, and was struck when the US mint in the process of switching designs. On one side of the nickels coin were show a Native American head and a bison on the other.
However on this particular coin, only one of the reforms was implemented. They updated the tail side to show in the bison that instead of etching the American native on the other, they kept the figure of the statue of liberty. Essentially, it is a halfway coin between one period of American coinage and the next one.
This coin was owned by King Farouk of Egypt and was even seen on an episode of 'Hawaii Five-O,' labelled 'The $100,000 Nickel'. In 1978 Los Angeles Lakers is the owner, Dr. Jerry Buss, paid $200,000 gain it, but it has changed hands several times and leapfrogged in value every time.
There are three of these coins are owned by private collectors. The other two are owned by the Smithsonian Institution in Washington DC, and the American Numismatic Association Money Museum in Colorado Springs respectively.
This coin is one of the only five that ever made, and was struck when the US mint in the process of switching designs. On one side of the nickels coin were show a Native American head and a bison on the other.
However on this particular coin, only one of the reforms was implemented. They updated the tail side to show in the bison that instead of etching the American native on the other, they kept the figure of the statue of liberty. Essentially, it is a halfway coin between one period of American coinage and the next one.
This coin was owned by King Farouk of Egypt and was even seen on an episode of 'Hawaii Five-O,' labelled 'The $100,000 Nickel'. In 1978 Los Angeles Lakers is the owner, Dr. Jerry Buss, paid $200,000 gain it, but it has changed hands several times and leapfrogged in value every time.
There are three of these coins are owned by private collectors. The other two are owned by the Smithsonian Institution in Washington DC, and the American Numismatic Association Money Museum in Colorado Springs respectively.
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