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From the Scoop Archive - 1/18/2003
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Laura Sperber: Owner of 1913 Liberty Head Nickel
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| Laura is a star when it comes to both coins and original comic art; here she is pictured in Diamond International Galleries with the original art to the first Archie dailies. The front of the 1913 Nickel is pictured below. |
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Congratulations to noted comic character collector Laura Sperber (featured
as a past Star Collector in Diamond Dialogue), also one of the leading
women in the coin collecting world, on her recent purchase of the very rare and
revered 1913 Liberty Head nickel. In many circles, this is the most
famous coin. In fact, only 5 of these nickels were ever made 2 of which are now
in museums (one in the National Numismatic Collection of the Smithsonian and one
in the ANA Money Museum), 2 are in private hands (one of which Laura has just
purchased) and the fifth of which is rumored to be lost.
Laura purchased
the coin with two of her partners at Legend Numismatics in New Jersey, George
Huang and Bruce Morlan. George is one of the leading, most trustworthy dealers
in the country, and one of the top graders in the coin business. Laura, who was
also featured in Scoop 8-16-02, was helpful in the establishment of a
professional grading service for the comic book industry, and has one of the
finest collections of original comic strip newspaper art. In fact she has, in
the recent past, spent $250,000 alone on a dozen different Sunday pages
including characters such as Little Nemo, Tarzan, Peanuts, Batman, Prince
Valiant and others. Though extremely active in the world of coins, Laura sees
strip art as grossly undervalued, and predicts a boom this year. She encourages
other high-rollers in the coin community to get involved in this very different,
but incredibly exciting realm of collecting.
The recent purchase of the
1913 Nickel, however, is making huge headlines in the numismatic world. The coin
sold for an undisclosed sum, but reports say the sum was higher than the $1.84
million that the other '13 nickel in private hands sold for. Laura distinctly
remembers her first encounter with the coin - back in 1976 at her first American
Numismatic Association Convention. She never dreamed she'd one day be the owner
of the coin that, when she held it gave her goose bumps, but she always held out
hope. Now that the dream has come true, Laura says the coin is not for sale and
will be used as part of a collection she's building.
The 1913 Liberty
Head Nickel holds so much value because of its mysterious and fascinating
origin. The U.S. Mint last struck the Liberty Nickels for circulation in 1912,
then switched to the Indian Head, Bison designs in 1913. Someone struck at least
five specimens using dies sent to the Philadelphia Mint, however, before Mint
officials made the decision that no 1913 coins of the outgoing designs would be
struck for circulation. It wasn't until 1919, in fact, that anyone realized
these coins existed. That was the year that Samuel W. Brown, a former
Philadelphia Mint Cabinet curator, decided he wanted to purchase any samples
that may exist. He advertised in The Numismatist and came up with five
such samples, which he exhibited at the 1920 ANA convention.
One theory
is that Brown, while working with the Philadelphia Mint, had these coins struck
- then took out the advertisement as a way to give the coins some legitimacy.
Regardless, it is now considered one of the most desirable of the U.S. coins. In
fact, it even had a brush with television fame - taking center stage in a
December 11, 1973 episode of Hawaii 5-0. This fantastic coin will be on
display at Diamond International Galleries in Timonium, MD, to be seen by key
ANA coin participants during the Baltimore National Coin Show in July.
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Laura is a star when it comes to both coins and original comic art; here she is pictured in Diamond International Galleries with the original art to the first Archie dailies. The front of the 1913 Nickel is pictured below.
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The front of the 1913 Liberty Nickel
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