Buffalo nickels, also known as Indian Head nickels, are iconic coins produced by the United States Mint from 1913 to 1938. Featuring a Native American on one side and a buffalo on the other, these coins have become highly sought after by collectors. Some Buffalo nickels can be worth significantly more than their face value of five cents, especially those minted in limited quantities or with unique errors. In this article, we will explore the 23 most valuable Buffalo nickels and what makes them so special.
Key Factors Affecting Value
Several factors contribute to the value of Buffalo nickels:
| Factor | Description |
|---|---|
| Rarity | Coins minted in smaller quantities are often more valuable. |
| Condition | Coins in mint condition (like new) are worth much more than those that are worn. |
| Historical Significance | Certain coins have unique designs or historical context that increases their value. |
Most Valuable Buffalo Nickels
Here’s a detailed look at the most valuable Buffalo nickels, including their estimated worth and unique features:
| Year & Mint Mark | Value Range | Details |
|---|---|---|
| 1937-D Three-Legged | $2,700 – $5,700 | A famous minting error where the buffalo appears to have only three legs due to over-polishing. |
| 1924-S | $2,500 – $4,000 | Rarely found in high quality; only 1.4 million were minted in San Francisco. |
| 1925-S | $2,058 | Hard to find in mint condition; lower-quality coins are not considered valuable. |
| 1918-S | $640 – $3,000 | Difficult to find; less than 5 million were struck in San Francisco. |
| 1921-S | $1,765 – $2,340 | Produced in limited quantities; highly sought after by collectors. |
| 1927-S | $2,277 | Known for its rarity; uncirculated coins are particularly valuable. |
| 1915-S | $1,134 | Only 1.5 million produced; rare in any condition. |
| 1923-S | $1,028 | Approximately 6 million minted; sought after for its historical significance. |
| 1925-D | $847 | Rarity due to fewer coins being produced at the Denver mint. |
| 1917-D | $847 | Less than 10 million were produced; rare in uncirculated condition. |
| 1915-D | $399 | Notable for its rarity especially in uncirculated condition. |
| 1913-S Type 2 | $454 | A variation of the Type 1 design with a flat line instead of a mound under “FIVE CENTS.” |
Additional Notable Buffalo Nickels
- 1913-S Type 1: Rare and valuable due to low mintage.
- 1913-D Line Type: Improved design but still sought after.
- 1935-P Doubled Die: Known for its unique doubling error.
Tips for Collecting Buffalo Nickels
If you’re interested in starting or expanding your collection of Buffalo nickels, here are some helpful tips:
1. Do Your Research
Familiarize yourself with the different years and mint marks. Knowing which coins are rare will help you spot valuable pieces.
2. Check Condition
Always assess the condition of your coins. Coins that are well-preserved will sell for much higher prices.
3. Use Proper Storage
Store your coins properly to avoid damage. Use coin holders or albums that protect against scratches and environmental factors.
4. Consult Experts
If you believe you have a valuable coin, consider consulting with a reputable coin dealer or appraiser for an accurate valuation.
Conclusion
Buffalo nickels can be worth significantly more than their face value, especially if you have rare dates or mint marks in excellent condition. Collecting these coins can be both an exciting hobby and a potential investment opportunity. If you think you might own a valuable Buffalo nickel, consider consulting with a reputable coin dealer or appraiser to determine its worth accurately.
FAQ’s
What is a Buffalo nickel?
A Buffalo nickel, also known as an Indian Head nickel, is a five-cent coin produced by the United States Mint from 1913 to 1938. It features a Native American on one side and a buffalo on the other.
How can I tell if my Buffalo nickel is valuable?
To determine the value of your Buffalo nickel, check for its year, mint mark, and condition. Rare dates, low mintages, and coins in excellent condition are generally worth more.
Where can I sell my valuable Buffalo nickels?
You can sell valuable Buffalo nickels through coin dealers, auctions, or online marketplaces. It’s advisable to get an appraisal first to understand their worth before selling.