Buffalo nickels, minted from 1913 to 1938, hold a special place in U.S. coin history. While many of these coins were produced, only a few with specific errors have become highly valuable. Collectors are particularly eager to find these rare versions due to their historical significance and high market prices. In this article, we’ll take a closer look at five of the most valuable Buffalo nickel errors and explain how to identify them.
1. 1937-D Three-Legged Buffalo Nickel
One of the most famous Buffalo nickel errors is the 1937-D Three-Legged Buffalo. This error was caused by excessive die polishing at the Denver Mint, which made the buffalo on the reverse side appear to have only three legs. This error is extremely sought after by collectors, and coins in good condition can fetch a significant price.
Value Breakdown:
- Good (G-4): $500 – $700
- Extremely Fine (EF-40): $2,000 – $3,000
- Mint State (MS-63): $40,000 – $70,000
2. 1916 Doubled Die Obverse
The 1916 Buffalo nickel is notable for its doubled die obverse error. This means the date and other details on the front of the coin are clearly doubled. Even coins in poor condition can be worth around $5,000, while those in excellent condition can sell for much more.
Value Breakdown:
- Good (G-4): $5,000 – $6,000
- Very Fine (VF-30): $10,000 – $20,000
- Mint State (MS-65): $50,000+
3. 1918/7-D Overdate Error
The 1918/7-D overdate error is among the rarest and most valuable Buffalo nickel errors. This coin has a “7” beneath the “8” in the date due to a reused die. Only a few thousand of these coins were made, making them extremely rare. Well-preserved examples can sell for over $100,000.
Value Breakdown:
- Good (G-4): $1,500 – $2,500
- Extremely Fine (EF-40): $20,000 – $50,000
- Mint State (MS-65): $100,000+
4. 1926-S Strong Reverse
The 1926-S Buffalo nickel is known for its strong reverse, where the buffalo’s features are especially bold. This was due to a particularly well-made die. Collectors find this error highly appealing, and it commands high prices, especially for coins in better condition.
Value Breakdown:
- Good (G-4): $200 – $400
- Extremely Fine (EF-40): $1,000 – $2,000
- Mint State (MS-63): $8,000 – $12,000
5. 1935 Doubled Die Reverse
The 1935 Buffalo nickel features a doubled die reverse, where the reverse side shows doubled features. This rare error makes the coin highly valuable among collectors. Prices for this error vary based on the coin’s condition.
Value Breakdown:
- Good (G-4): $150 – $300
- Extremely Fine (EF-40): $700 – $1,500
- Mint State (MS-63): $5,000 – $8,000
Buffalo nickels with errors are not just historical treasures, they are also highly prized by collectors for their rarity and unique characteristics. Whether you’re an experienced coin collector or just starting out, being aware of these valuable Buffalo nickel errors can help you discover some of the most sought-after coins in U.S. numismatic history. Understanding how to spot these errors can make a huge difference in your collection’s value.
1. What makes a Buffalo nickel valuable?
A Buffalo nickel’s value increases if it has rare errors, like a doubled die or a three-legged buffalo. The rarity and condition of the coin also affect its price.
2. How can I tell if my Buffalo nickel has an error?
Look for specific features like doubled text, missing legs, or unusual mint marks. Researching known errors can help you identify them.
3. What is the most valuable Buffalo nickel error?
The 1918/7-D overdate error is one of the rarest and most valuable Buffalo nickels. Coins in good condition can be worth over $100,000.
4. Are worn Buffalo nickels valuable?
Even worn Buffalo nickels can be valuable, especially if they have rare errors. The condition of the coin affects how much it’s worth.
5. Where can I sell rare Buffalo nickels?
Rare Buffalo nickels can be sold at coin shops, through auctions, or online marketplaces like eBay, where collectors often look for these rare coins.