SCHAUMBERG, Ill. (AP) – A rare century-old U.S. nickel that was once mistakenly declared a fake has sold at auction for more than $3.1 million.

The 1913 Liberty Head nickel is one of only five known to exist. But it’s the coin’s
back story that adds to its cachet: It was surreptitiously and illegally cast, discovered
in a car wreck that killed its owner, declared a fake, forgotten in a closet for
decades then declared the real deal.

It was offered for sale by four Virginia siblings at a rare coin and currency auction in
the Chicago suburb of Schaumburg on Thursday, and sold for well over the expected 
$2.5 million.

The winning bidders were two men from Lexington, Ky., and Panama City, Fla., who 
bought the coin in partnership.