1913 V nickle

tmjones550 · Dec 9, 2011

Just curious if any of us finds 1913 V nickle is it worth a good amount of money regardless of the condition?The reason I ask I have a bunch of v Nickles but i know the 1913 is rare.I still need to go through what I have.As always HH

Diver_Down · Dec 9, 2011

Are you serious? There are 5 known specimens and they are all accounted for. If you find one in the wild, then it is 100% counterfeit.

Tuberale · Dec 9, 2011

I understand 10 proof 1913 V nickels were made. Only 5 are currently accounted for.

All were apparently released into circulation. Some may have been lost. Some may have been intentionally hidden away, and have never been reported since. Considering what happened with the 1933 $20 St. Gaudens, it's possible average coin holders might be worried the government will take their coin. In the case of any 1933 $20 gold, that's very likely. But in the case of the 1913 V nickel, very unlikely.

BuffaloBoy · Dec 9, 2011

Sorry, if you ever get one, it is 99.99999999999999999999999999999999999999999999999999999999999999999999999999% fake.

Please do some research on the coin to get a further understanding on it.

HH and happy holidays.

Tuberale · Dec 9, 2011

BuffaloBoy exagerates. There are not that many V nickels ever minted.

That said, most 1913 V nickels are not authentic 1913's.

Since 1973 when the U.S. Hobby Protection Act became law, all replica rare coins sold in the US are required to have the word "COPY" imprinted on them. (See: http://news.coinupdate.com/fake-and-counterfeit-coin-warning-from-hobby-leaders/) But recent imports from China did not recognize the 1973 US law, so many counterfeit coins exist without "COPY" on them.

BuffaloBoy · Dec 9, 2011

Tuberale said:
BuffaloBoy exagerates. There are not that many V nickels ever minted.

Tuberale, How do I exagerate? I never said anything about how many coins were out there, now did I?

All I said was that if tmj ever got a "1913" V nickel in a coin coll, it is 99.9999999% fake. Of course the odds of finding one is slim to none, there is a chance that he could get a real one, but you'd had a better shot at winning the mega millions 6 times+ first.

I do understand I used the term 99.99999999999999999999999999%, but how is that exagerating?

Please, let's keep this friendly.

BuffaloBoy · Dec 9, 2011

Also, when I was on a trip to DC, the family and I visited one of the Smithsonian institutions, they had a coin and currency section and had a 1913 V nickel there.

DigginThePast · Dec 9, 2011

I think I got your intent BuffaloBoy. The odds of finding one are almost 0.

Tuberale - Do you have a source for your mintage info. Everything I've ever read has stated 5 were minted with a couple sources saying a possibly a 6th.

BuffaloBoy · Dec 9, 2011

I am going to end the subject with one more comment. It puzzles me how bryne3 is getting his/her numbers from. 10^76... I never gave out a number, I just said that if he were to come across a 1913 V nickel---NOT BUFFALO NICKEL, it is almost guaranteed t be fake(hence the 99.99999999%).

baddbluff · Dec 9, 2011

The odds of finding the real deal depends on how many counterfeits are out there. If there really were 10 minted & 5 are unaccounted for, the odds of your find being genuine are actually pretty good. Explanation: how many counterfeits could there be out there? Who in their right mind would think they could make one that would fool someone who would pay $1M for it? So let's assume here are 100 counterfeits out there, and 5 genuine (on top of the genuine coins accounted for). Your odds would be 1 in 5 (20%). that's pretty good odds!

Realistically tho... You'll never find one.

HH
BB

madwest · Dec 9, 2011

byrne3 said:
. . .
99.9999999999999999999999999999999999999999999999 9999999999999999999999999999%
. . .
By saying this you are implying that there are atleast 10^76 (counterfeit + authentic) buffalo nickels (of any date) out there. That is an for sure an exxageration.

EEW, significant figures analysis? :tard:

On a Friday? Among Friends?

The last digit listed in the final answer is the "digit of uncertainty". It is the ONE digit in the whole answer that can vary without concern.

That Canadian Guy · Dec 9, 2011

Just like everyone else said, they are EXTREMELY RARE.

AGBlex · Dec 10, 2011

the nickel designer was in on a thing with some wealthy collectors back then and all 5 went to him they're all accounted for... one sold for 4ish million this year...NO ONE WILL FIND ONE. I posted the 1913 on that thread the other day about the most valuable coins i had just read an article on it which was kind of interesting to read.

http://coins.ha.com/c/item.zx?saleNo=1136&lotNo=2455

Rakattack · Dec 12, 2011

Tuberbale obviously got his information from an illegitimate source.

As far as the general numismatic community is concerned there were 5 (possibly 6) minted and lost when a wagon tipped and spilled somebody's collection. At one point they were all owned by the same man. Like previously stated, 5 are accounted for and the 6th is still incognito most likely never to have existed and made up by the man who claimed to have 6 and showed up with only 5 for the show. Whatever you find, it is fake. For sure.

BuffaloBoy · Dec 12, 2011

Rakattack said:
Tuberbale obviously got his information from an illegitimate source.

+1

fistfulladirt · Dec 12, 2011

Does anyone remember the Hawaii 5-0 show about that same nickel? Even as a kid I loved that episode.

yonico · Dec 12, 2011

A. Not gonna happen. Ever.

B. Nickel* nickle . Sorry but it bothers me lol

yonico · Dec 12, 2011

baddbluff said:
The odds of finding the real deal depends on how many counterfeits are out there. If there really were 10 minted & 5 are unaccounted for, the odds of your find being genuine are actually pretty good. Explanation: how many counterfeits could there be out there? Who in their right mind would think they could make one that would fool someone who would pay $1M for it? So let's assume here are 100 counterfeits out there, and 5 genuine (on top of the genuine coins accounted for). Your odds would be 1 in 5 (20%). that's pretty good odds!

Realistically tho... You'll never find one.

HH
BB

There are far more than a 100 counterfeits out there, since all the fakes from china don't require the word "copy" on them if the coin is 70 years or older (by law). That's why we see lots of 100 peace dollars go for $300 on eBay (poor buyers probably believe they stole a great deal, but get screwed with clad rounds).

And even if there were only 100 counterfeit and 5 authentic, it'll still be just under 5% chance of being real, not 20% (5/105) = (5 real / 105 total) = 0.0476.

You have a better chance of finding a bronze 1943 penny than finding one of these (about a dozen and a half bronze pennies known to be owned by collectors)

Stick to silver

ckrakowski · Dec 12, 2011

fistfulladirt said:
Does anyone remember the Hawaii 5-0 show about that same nickel? Even as a kid I loved that episode.

yes it is called the $100,000 nickel.

synapse · Dec 12, 2011

Found one last week, didn't know it was worth anything and fed it to the dog. It's probably in the yard somewhere by now, but i'm to lazy to fire up the metal detector. Meh.