Have you ever checked your pocket change for rare coins? The 1937 Buffalo Nickel is one coin that could surprise you with its value. Known for its historical significance and unique design, this nickel is highly sought after by collectors. Let’s explore what makes the 1937 Buffalo Nickel special and why it could be a hidden treasure.
The 1937 Buffalo Nickel: Why It’s a Collector’s Favorite
1. History of the Buffalo Nickel
The Buffalo Nickel, also known as the Indian Head Nickel, was minted between 1913 and 1938. Designed by James Earle Fraser, it features a Native American profile on the front and a buffalo on the back, symbolizing the American West.
2. The 1937-D Three-Legged Buffalo Error Coin
One of the most famous 1937 nickels is the “three-legged buffalo” error coin. This happened when over-polishing at the Denver Mint removed one of the buffalo’s legs. These error coins are extremely rare and can be worth thousands of dollars.
3. Value of a 1937 Buffalo Nickel
- Standard 1937 Nickel: $1 to $5 in circulated condition, up to $50 in mint state.
- 1937-D Three-Legged Nickel: $500 to over $10,000, depending on condition.
4. How to Identify a 1937 Nickel
Look for the date “1937” on the front and check for the mint mark (“D” for Denver or “S” for San Francisco) on the reverse side under the buffalo. If it’s a three-legged error coin, you’ll notice one of the buffalo’s front legs is missing.
5. Where to Find These Coins
You might find 1937 Buffalo Nickels in old coin collections, estate sales, or even in pocket change. Rare versions, like the three-legged error coin, are often sold at auctions or through coin dealers.
The 1937 Buffalo Nickel is more than just a coin; it’s a piece of American history. Whether you have a standard nickel or the rare three-legged buffalo error, its value goes beyond money, connecting collectors to the rich heritage of the United States. Keep an eye on your pocket change or old collections—you never know if you might be holding a valuable piece. If you think you’ve found one, have it authenticated and appraised for its true worth. This small coin might just bring you a big surprise!
1. What makes the 1937 Buffalo Nickel valuable?
Its historical design and the rare “three-legged buffalo” error make it valuable to collectors.
2. How can I tell if I have a 1937-D Three-Legged Buffalo Nickel?
Check the reverse side of the coin. If one of the buffalo’s front legs is missing, it’s the error coin.
3. What is the metal composition of the Buffalo Nickel?
It’s made of 75% copper and 25% nickel.
4. Are all 1937 Buffalo Nickels rare?
Not all are rare, but well-preserved ones or error coins like the three-legged variety are highly sought after.
5. Where can I sell my 1937 Buffalo Nickel?
You can sell it through coin dealers, online marketplaces, or at coin auctions.
