- Two men accused of selling meth to undercover cop (6/22/17)
- Cape man stabbed in head, arm after strip-club incident; skull fractured, police say (6/25/17)3
- Custom cuts: Local hairstylist provides free haircuts to special-needs children (6/26/17)3
- Police: Man grabbed wheel, tried to kill driver and himself in Jackson crash (6/23/17)
- Jackson scores high in survey of residents; better streets, Aldi are high priorities (6/20/17)4
- Annual SEMO District Fair event lineup announced (6/23/17)1
- Marble Hill mayor hires city manager without board approval (6/21/17)4
- Oran town board fired officer before hiring him as police chief; city officials say they can't remember reason for firing (6/25/17)2
- Playing with fire (6/25/17)
- Two charged in theft of jewelry from Cape storage facility (6/23/17)1
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."