Preview of 1913 Liberty Head nickel, expected to sell for US$5m

• Report rights infringement
• published: 23 Jul 2015
• views: 52

SHOTLIST 1. Pull out from sign to exterior of store 2. Medium shot store owner holding rare nickel in case 3. Close up shot owner holding nickel in case 4. Close up shot of heads side of rare nickel, valued at $5 million US dollars 5. SOUNDBITE (English Harvey Stack, Co-Chairman of Stack's Rare Coins in New York: "We feel that the people will be bidding on it for pride of possesion, wanting to have it, and actually it's been quite a few years, actually 1996 this same item was offered for sale." 6. Close up shot tails side of nickel, with Roman numeral V 7. SOUNDBITE (English) Harvey Stack, Co-Chairman of Stack's Rare Coins in New York: "The United States always tried to emulate the ancient culture, which was high and very advanced and what we did was put a liberty head, which is close to a design of a Greek statue that was put on the front of the coin and the back there was a Roman V instead of a five, put there, which showed the denomination and this gave a little bit of the classic look to our coinage from the 1883 period on." 8. Pull out shot of Greek statue, similar to liberty head design on 1913 nickel 9. Medium shot of woman handling nickel 10. Close up shot of woman flipping coin case over 11. SOUNDBITE (English) Harvey Stack, Co-Chairman of Stack's Rare Coins in New York: "The business of coin collecting has been growing by leaps and bounds. Some of it has to do with the new issues that have come out by the US Mint including the Statehood Quarters and now they're coming out with a presidential series, the public is starting to get more interest because the coins are changing in design more readily and people find they get more interesting and also can acquire them at face value." 12. Close up shot of nickel in case STORYLINE: King Farouk of Egypt owned one and the Smithsonian Institution still does. And for a few million dollars (US) you, too, could take home one of five known 1913 Liberty Head nickels, rare coins struck clandestinely at the Philadelphia Mint after its design was retired. Stack's Rare Coin Galleries in New York showcased the rare coin Tuesday to potential bidders before the pricey nickel is auctioned publicly on 2 January 2007 in Orlando, Florida. The gallery anticipates that the famous coin could sell for 5 (m) million US dollars or more. That may not be an unrealistic estimate. Last year, the same 1913 Liberty Head was sold in New Hampshire for a cool 4.15 (m) million US dollars. Harvey Stack, Co-Chairman of Stack's Rare Coins in New York, says there's growing interest in this rare coin since it has not been on the market for 10 years. "We feel that the people will be bidding on it for pride of possesion, wanting to have it, and actually it's been quite a few years, actually 1996 this same item was offered for sale," he said. Liberty Head nickels were minted from 1883 to 1912. The design was retired and replaced by nickels depicting an American Indian on one side and a bison on the other. For reasons that remain murky, five Liberty Head nickels with the original design were made, possibly by a mint official, in 1913. Harvey Stack says the Roman numeral 'V' on the back of this 1913 nickel was an attempt to give a "classic look" to coinage of the time. While the Liberty Head nickel is silver in colour, it is not made of that metal. It is, like most five-cent coins since 1866, made of 75-percent copper and 25-percent nickel. According to Stack, coin collecting is becoming increasingly popular with the public, largely due to the introduction of new coins. Despite large anticipation of having this coin back in the market the Liberty Head nickels are yet to reach the highest sale price. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ec58bc1f9185ef7f39aeee7ad856a423 Find out more about AP Archive: http://www.aparchive.com/HowWeWork