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Friday, January 15, 2010

Rare Liberty Head Nickel Fetches over 3.7 Million

A rare 1913 U.S. coin once owned by an Egyptian king and later featured in a famous U.S. TV detective series was sold for more than $3.7 million (2.3 million pounds) in a public auction in Florida, the auctioneers said on Friday.

The so-called Liberty Head nickel, one of only five known of that specific date and design, was sold "in spirited bidding" to a private East Coast coin collector in Orlando late on Thursday, said Greg Rohan, president of Dallas, Texas-based Heritage Auctions. The buyer wished to remain anonymous.

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