In an extraordinary discovery, a 1913 Buffalo Nickel and a 1916-D Mercury Dime were found tucked away in an old book, revealing a hidden treasure trove worth over $100,000.
These coins, both over a century old, are highly sought after by collectors due to their rarity and historical significance.
The Discovery
A family in the United States stumbled upon an old book in their attic. Upon opening it, they found two coins carefully placed between the pages: a 1913 Buffalo Nickel and a 1916-D Mercury Dime.
Unbeknownst to them, these coins are among the most valuable in American numismatics.
The 1913 Buffalo Nickel
The 1913 Buffalo Nickel, also known as the Indian Head Nickel, was the first year of its series. Designed by James Earle Fraser, it features a Native American on the obverse and an American bison on the reverse.
Key Details:
- Mint Marks: Philadelphia (no mint mark), Denver (D), and San Francisco (S)
- Type I: Features the bison on a raised mound
- Type II: Features the bison on a flat plain
Value Highlights:
- 1913-S Type II: In Mint State (MS) condition, can fetch up to $60,000
- 1913-D Type II: In MS condition, valued up to $15,500
The 1916-D Mercury Dime
The 1916-D Mercury Dime is one of the rarest dimes in U.S. history. Designed by Adolph A. Weinman, it features the Winged Liberty Head, often mistaken for the Roman god Mercury.
Key Details:
- Mint Mark: “D” for Denver
- Mintage: Only 264,000 coins produced
- Composition: 90% silver, 10% copper
Value Highlights:
- Good Condition (G-4): Approximately $1,000
- Mint State (MS-65): Up to $33,500
- MS-67 Full Bands: Valued at $235,000
Combined Value
Considering the conditions and rarity of both coins, the combined value is estimated to exceed $100,000. This valuation depends on factors such as mint marks, condition, and specific varieties.
Coin Details
| Coin | Mint Mark | Mintage | Type | Estimated Value (MS) |
|---|---|---|---|---|
| 1913 Buffalo Nickel | S | 1,209,000 | Type II | Up to $60,000 |
| 1916 Mercury Dime | D | 264,000 | N/A | Up to $235,000 |
This remarkable find underscores the hidden treasures that may lie unnoticed in our homes. The 1913 Buffalo Nickel and 1916-D Mercury Dime are not just coins but pieces of American history, reflecting the artistry and economic conditions of their time.
Their discovery serves as a reminder of the potential value in everyday objects and the importance of preserving historical artifacts.
FAQs
Why is the 1916-D Mercury Dime so valuable?
Its low mintage of only 264,000 coins and the demand among collectors make it extremely rare and valuable, especially in higher grades.
What makes the 1913 Buffalo Nickel special?
Being the inaugural year of the Buffalo Nickel series and having two distinct types (I and II) with low mintages, especially from the San Francisco Mint, adds to its rarity and value.
How can I determine the value of old coins I own?
Consult a professional coin grading service or a reputable coin dealer to assess the condition, rarity, and market demand for your coins.