$3-million nickel on display at National Money Show

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wwltv.com

Posted on May 10, 2013 at 5:36 PM

Updated Sunday, Nov 10 at 7:32 PM

Bill Capo / Eyewitness News
Email: bcapo@wwltv.com | Twitter: @billcapo

At the National Money Show a nickel can be more than five cents.  This 1913 Liberty Head Nickel was just auctioned for three million dollars. Only five exist, two are here, so valuable because they never should have been made.

"They were a coin that was created, like I say, on a dark and stormy night," said National Money Show Museum Curator Douglas Mudd.

The show museum has a half dime authorized by George Washington, an 1804 silver Dollar worth five million, even a dozen gold coins made at the New Orleans Mint.

"These coins as a group are valued at just over $1.5 million," explained Mudd. 

And bills with New Orleans bank names on them. "Here we have a fifty dollar note of the State National Bank of New Orleans, the Canal Commercial National Bank of New Orleans," Mudd described as he showed the bills on display.

There are 300-coin dealers here, serving five thousand customers from around the world.

"I collect mostly Morgan Silver Dollars," said New Orleans Coin Collector Manuel Taormina, who was awed by the show. "So to come here, and see all of this? You can buy any quality you want, as many as you want."

And if you've got that old coin sitting at home, and always wondered if it was worth anything, well, there are dealers here who will appraise it for you. And if you're a collector, you want to know how much you can spend? Let me show you the range.

"This coin of Comitas from 193 A.D.is worth $20," said Chicago Coin Dealer Harlan J. Berk. "This coin of Alexander The Great from 336 B.C. is $135,000."

"Not only is it great being in New Orleans because of obviously what you guys have to offer, but there's millions of dollars that sold at auction last night, there's going to be millions again tonight, there's millions of dollars worth of coins on the floor," said National Numismatic Association President Tom Hallenbeck. 

The National Money Show continues Saturday from 10 a.m. to 4 p.m. in Hall G at the Morial Convention Center. Tickets cost $6.
 

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