Louis E. Eliasberg facts for kids
Louis Edward Eliasberg, Sr. (born February 12, 1896 – died February 20, 1976) was an American financier and coin collector. He was born in Baltimore, Maryland. Eliasberg is famous among coin collectors for building the only truly complete collection of United States coins ever. He also made sure to find coins in the best possible condition.
Even though his collection wasn't "complete" by today's very strict rules, it was still the most amazing U.S. coin collection ever put together. For example, he didn't separate special "proof" coins (made for collectors) from regular coins. But his achievement remains unmatched.
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Louis Eliasberg: The Coin King
Louis Eliasberg was a very special coin collector. He managed to collect at least one of every single coin ever made for regular use in the United States. This was a huge task! No one had ever done it before him, and it's very unlikely anyone will ever do it again.
What Made His Collection Unique?
Eliasberg's collection was special because he aimed for a coin of every date, every mint mark, and every type. He didn't focus on tiny differences in how coins were made, like some collectors do today. He also didn't include "pattern coins." These are test coins that were never meant for public use. For example, the 1849 Double Eagle is a pattern coin. Only two were made, and one is at the Smithsonian Institution.
Amazing Coins in His Collection
Eliasberg owned some truly rare and famous coins.
The 1913 Liberty Head Nickel
One of the most famous coins in his collection was a 1913 Liberty Head nickel. This coin is so rare that only five are known to exist! Eliasberg's specific coin is known as the "Eliasberg Specimen." In 2007, this amazing coin was sold for US$5 million.
The 1873-CC Dime
Another important coin was the 1873-CC no-arrows Liberty Seated dime. This coin was especially meaningful because it was the very last coin Eliasberg needed to finally complete his incredible collection. Imagine finding that last piece of a giant puzzle!
The 1933 Double Eagle
Eliasberg also owned a 1933 $20 gold coin. At the time, only a few of these coins were known to be owned by private collectors. However, the government later said that these coins were not officially released by the mint. When Eliasberg learned this, he decided to return his coin to the government in 1952. He did this without asking for any money in return.
Sharing His Passion
Louis Eliasberg was not just a collector; he was also very kind and helpful to other coin enthusiasts. After a story about him appeared in LIFE magazine, many people learned about his amazing collection. He often wrote back to people who asked him questions about coins. Because of his unique achievement, he received a special award from Numismatic Gallery Magazine.
What Happened to His Collection?
Later in his life, Eliasberg divided his huge coin collection between his two children. They eventually sold the collection in three big auctions. These sales were very important events in the world of coin collecting.
