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Community Voice Responses (01/22/13)

 

From the December 14th Numismatic e-newsletter: Will silver American Eagles be an important focus of your collecting in 2013? Here are some answers sent from our e-newsletter readers to Editor Dave Harper.

I do not think that a 1913 Liberty Head nickel is worth $10,000,000, but in this day and age I suppose that anything is possible.
Since I do not have that kind of cash to throw around my opinion is not that creditable. Even if I had that kind of money I would not pay that amount for the coin. Only time will tell. I am sure there is someone out there with the ability and the desire to make it happen.
John T. Tinney
Volcano, Calif.

Did you know that at one Chicago Coin club meeting there were several 1913 liberty head nickels at one meeting? (I seem to remember the number four.)
And one of them fell and for a while was lost in a lady’s purse. Check with Carl Wolf for exact details.
Thought you might enjoy the story.
Drew Michyeta
Chicago, Ill.

I am a novice at collecting coins but I have an opinion. I can’t comprehend how this could be worth so much money. Even though it is one of only a few examples, and it is the centennial year of the coin, are those items a part of what determines the value? I suppose it is, plus what it might be worth to the person who really wants to own it. I wish I could own it, too, because then I would be able to spend the rest of my retirement years quite comfortably. Thank you for allowing us this opportunity.
Mike Kiedrowski
Milwaukee, Wis.

If it does that would be great. It’s not a real concern for me though. I have no real interest in it as No. 1, I’ll never own a 1913 nickel and No. 2, I’ll never see one either. I’m just not really focused on it, although I’ll read up on whatever amount it does go for.
Bryan New
Columbia, Ky.

The auction price for the 1913 nickel could go for well over $10 million. This doesn’t mean much because of the drastic devaluation of the dollar. Today’s dollar is basically worthless. It worth about a 20th of what it was 40 years ago. Based on that a $10 million bid would relate to a $500,000 bid 40 years ago. It’s not really much to brag about.
Rob Eriksen
Address withheld

For the rarity it is, it can only get this amount is by hype! Rare as it may be, it can, and should pull in a good premium. Although if one can afford to throw this $10 million away on only one coin, more power to them. For the same money spread it over many coin items. After all, if a few coins drop in price, others can rise to balance it out. Price drop on one coin, bye-bye to your foundation.
Gary Kess
Berkel en Rodenrijs, Netherlands

Could it sell for $10 million?
Why not? I know I would if I could.
Tom DiGirolamo
New York City

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