Collector pays $5 million for rare 1913 nickel

[akdrv]

A Southern California coin collector paid $5 million for a rare "Liberty Head" nickel, the most ever paid for a nickel and the second-highest price ever paid for any coin, according to the coin dealer who arranged the sale.

 

The unidentified collector bought the 1913 nickel Wednesday from a New Jersey-based coin shop and a businessman in Washington state, who jointly purchased the coin in May 2005 for a then-record price of $4.15 million, said Ronald J. Gillio, who negotiated the sale.

 

http://www.sfgate.com/cgi-bin/article.cgi?.../n103450D31.DTL