Buffalo Nickels, minted from 1913 to 1938, are a fascinating part of American coin history. These coins are famous for their unique designs and historical value, making them highly prized by collectors. In this guide, we will explore the most valuable Buffalo Nickels that have fetched impressive prices at auctions. Whether you’re an experienced collector or just starting out, learning about these rare coins can help improve your collection.
1. 1926-S Buffalo Nickel
Mint State: MS 66
Record Sale Price: $322,000 in 2008
Why It’s Valuable: The 1926-S Buffalo Nickel holds the record as the most expensive Buffalo Nickel ever sold. It is incredibly rare, and its high value comes from both its low mintage and excellent condition. This coin is highly sought after for its rarity and pristine state.
2. 1913-S Type 2 Buffalo Nickel
Mint State: MS 68
Record Sale Price: $40,250 in 2001
Why It’s Valuable: The 1913-S Type 2 Buffalo Nickel is admired for its high-quality detail and rarity in higher grades. The sharp features make this coin particularly attractive to collectors, adding to its value.
3. 1937-D 3-Legged Buffalo Nickel
Mint State: MS 67
Record Sale Price: $99,875 in 2006
Why It’s Valuable: The 1937-D Buffalo Nickel is famous for its mint error that created a bison with only three legs. This unique mistake makes it one of the most desired error coins and adds significantly to its value.
4. 1916 Doubled Die Obverse
Mint State: MS 65
Record Sale Price: $69,000 in 2003
Why It’s Valuable: The 1916 Doubled Die Obverse Buffalo Nickel is one of the most famous error coins. The doubled die error gives the coin a distinct and valuable feature, making it a favorite among collectors.
5. 1918/7-D Overdate Buffalo Nickel
Mint State: MS 65
Record Sale Price: $350,750 in 2006
Why It’s Valuable: The 1918/7-D Buffalo Nickel is known for its overdate error, where the year “7” was overstruck with the year “8.” This mistake makes the coin very rare and much more valuable, making it a top pick for collectors.
Collecting Tips for Buffalo Nickels
Aim for High Grades: Coins in excellent condition, known as higher grades, are more valuable.
Look for Mint Errors: Buffalo Nickels with minting mistakes are especially valuable because they are rare.
Protect Your Coins: Always handle your coins carefully, and consider getting them professionally graded to maintain their value.
1. What is a Buffalo Nickel?
A Buffalo Nickel is a U.S. coin minted between 1913 and 1938, known for its image of a Native American on the front and a buffalo on the back.
2. Why are some Buffalo Nickels so valuable?
Buffalo Nickels are valuable due to their rarity, especially coins with errors or those in excellent condition.
3. How can I tell if my Buffalo Nickel is rare?
You can check the mint year and the condition of the coin. Higher-grade coins, those with mint errors, and coins from limited mintage years are more valuable.
4. Are all Buffalo Nickels worth a lot of money?
No, most Buffalo Nickels are worth only a few dollars unless they are in high grades or have rare features like minting errors.
5. How can I protect my Buffalo Nickels?
Keep your coins in protective holders, avoid touching the surfaces, and store them in a safe, dry place.
