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- Perryville family organizing bone-marrow drive Friday for ailing 6-year-old boy (4/26/17)
- Woman battered after smashing boyfriend's meth pipe against wall, police say (4/25/17)1
- Pilot House goes smoke-free (4/23/17)10
- Temptations bassist dies after Cape Girardeau show (4/26/17)2
- Event includes the first public tour of 200-year-old Elmwood Manor (4/23/17)3
- BBB warns Jackson man's online business might not be legit (4/24/17)
- Cape couple turns their home into cozy, comfortable music venue (4/24/17)
- State Supreme Court rules against congressman's mother in dog-kennel defamation case (4/27/17)1
- Sikeston man charged in shooting death of Cape man (4/23/17)
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."