The 1913 U.S. Liberty Head nickel, known the Olsen-Hawn piece has been owned by a few famous owners prior to the auction. The coin's owners have included Egypt's King Farouk and Los AngelesLakers owner Jerry Buss.
The coin is so valuable that it was only seen in close-ups in the 1973 episode of Hawaii Five-O. Producers of the show used a stunt double nickel for most of the scenes.
Jerry Buss paid $200,000 for the coin in 1978, and it has been sold several times since then. Records on the Antique Trader Blog show that started to sell for millions of dollars in 2003.
The Liberty Head nickel is often referred to as the V nickel due to its reverse design. It was minted from 1883 to 1912. Five pieces were minted in 1913 and these are the five rare coins that exist today.
Three of the nickels are owned privately and two are in museums. One of the five rare nickels, The Norweb 1913 Liberty Head Nickel, is now a showpiece in the National Numismatic Collection at the Smithsonian Institution.
The sale of the 1913 U.S. Liberty Head nickel on January 7, 2010 was made at an auction in Orlando, Florida. The name of the seller and buyer has not been released.
Written by Cheryl Phillips
sources: Wikipedia, Antique Trader, Smithsonian