Penny wise

Laura Sperber - Legend NumismaticsLaura Sperber of Legend Numismatics, a Monmouth County coin dealer, sells some of the rarest — and most expensive — coins ever to hit the market. How about $5 million for a nickel?

In 1976, Laura Sperber’s eyes were drawn to a 1913 “Liberty Head” nickel, one of the rarest of coins, at a New York City coin show.

“To me, that was, wow, the Holy Grail,” said Sperber, now 48. “They let me hold it, and right then and there that forever changed me. It was the coolest thing and I just knew I had to be a coin dealer.”

Years later, in 2003, Sperber, a partner in Legend Numismatics Inc., would buy that same coin for about $1.8 million and sell it it a year later for $2.5 million. “At that point, my dreams were fulfilled. I did it.”

It was just the start. Sperber bought a second 1913 Liberty Head (there are only five in existence and two are in museums) in 2005 for $4.15 million and sold it earlier this year for $5 million. At the time, it was the second-highest price ever paid for a coin, she said. Read Full Article

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