The world's most famous rare coin, the Walton 1913 Liberty Head nickel that was recovered from a car crash and has an estimated value today of $2.5 million or more, now has been formally authenticated, graded and certified by Professional Coin Grading Service (
), a division of Collectors Universe, Inc. (NASDAQ: CLCT).
Valued at $2.5 million or more, Professional Coin Grading Service has certified the authenticity and grade of the famous Walton 1913 Liberty Head nickel as PCGS Secure Proof 63. (Photo: Professional Coin Grading Service)
PCGS brought together in Florida the same experts who first authenticated the previously "missing" coin for Collectors Universe in Maryland in 2003. The coin now is certified as PCGS Secure Proof 63 (on the PCGS numismatic grading scale of 1 to 70).
The famous coin was recently submitted to PCGS by Heritage Auctions (
) on behalf of George O. Walton's heirs, who consigned it for an auction to be conducted by Heritage at the Central States Numismatic Society convention in the Chicago suburb of Schaumburg, Illinois on April 25, 2013.
"The acclaimed Walton 1913 Liberty nickel is the world's most publicized rare coin, with national and international headlines from its surprise appearance on July 29, 2003 after being 'lost' for four decades. It has generated many subsequent stories wherever it's been publicly exhibited ever since," said Don Willis, President of PCGS.
"An initial examination and evaluation of the coin was performed by PCGS authenticators and graders at PCGS headquarters in California on January 3, 2013, and then on January 11, five of the six members of the same team of experts from 2003 reconvened to closely examine it at the Florida United Numismatists convention in Orlando, Florida. At the request of Walton's heirs, we have issued a PCGS Certificate of Authenticity to accompany the coin, which remains in Walton's custom-made holder that has housed it since the 1950s."