- Neelys Landing man shot, killed by highway patrol trooper after traffic stop (05/01/16)43
- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)49
- Missouri House votes to allow concealed weapons without permits (04/28/16)8
- River Ridge Winery changes hands (05/02/16)
- Police report filed, but no charges in incident at Cape Central (04/29/16)40
- 2016 All-Missourian Boys Basketball (04/29/16)
- Statement: Man says cops’ good work drove him to grow his own marijuana (05/01/16)1
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
- Hopper Road to close for months during construction of Veterans Drive (04/27/16)9
Liberty Head nickel sells for $3 million
NEW ORLEANS -- A 1913 Liberty Head nickel that was minted under mysterious circumstances, owned by royalty and celebrated in an episode of TV's "Hawaii Five-O" was sold Thursday for $3 million.
"Many argue this is the most important coin in our history," said Bruce L. Smith of Blanchard and Co., which brokered the sale. "I think it's the most beautiful."
Neither the buyer, described as both a collector and investor, nor the seller was identified.
At least two other coins have sold for more, both at auction. In 1999, an 1804 silver dollar sold for $4.14 million. Two years ago, a 1933 $20 gold piece went for $7.59 million.
The $3 million coin is one of only five Liberty Head nickels minted in 1913. The design had been discontinued in 1912 and the mint was switching over to the Indian Head nickel.
The U.S. Mint sometimes ran off coins as tests, and the coins may have been struck that way, Smith said. They surfaced in 1920 in the possession of Samuel Brown, a former mint employee, and have soared in value ever since.
"The innocent view is that it was the test of a handful of coins," Smith said. "The less innocent view is that Samuel Brown knew he would have a valuable investment down the road."