Rare liberty head nickel sold for $3.1 million

April 25, 2013 6:56:54 PM PDT
A rare nickel sold for has sold for $3.1 million at an auction in Schaumburg Thursday night.

The coin is an extremely rare liberty head nickel from 1913.

Only five were ever minted.

A North Carolina man originally bought the coin in 1945.

When the man later died his family kept the coin in an unlocked drawer believing it was a fake until it was authenticated in 2003.