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It's one of only five known to exist, was thought to be a fake and spent years tucked away in a Roanoke closet.
This 1913 Liberty Head Nickel - one of only five known to exist - was auctioned Thursday, April 25, 2013 night during the Central States Numismatic Society show at the Schaumburg Convention Center in Schaumburg, Ill. for $3,172,500 (AP Photo/Daily Herald, Patrick Kunzer)
Friday, April 26, 2013
SCHAUMBURG, Ill. — A rare century-old U.S. nickel with Roanoke ties that was once mistakenly declared a fake has sold at auction for more than $3.1 million.
The 1913 Liberty Head nickel is one of only five known to exist. But it’s the coin’s back story that adds to its cachet: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a Roanoke closet for decades then declared the real deal.
It was offered for sale by four Virginia siblings at a rare coin and currency auction in the Chicago suburb of Schaumburg on Thursday, and sold for well over the expected $2.5 million.
The winning bidders were two men from Lexington, Kentucky and Panama City, Florida, who bought the coin in partnership.
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