Buffalo Nickels are an interesting part of American coin history. These coins were minted from 1913 to 1938, and they are particularly loved by collectors for their unique designs and the important stories they tell.
In this guide, we will explore some of the most valuable Buffalo Nickels, highlighting their special features and explaining why they are highly sought after.
Whether you’re a seasoned collector or just starting out, learning about these rare coins can help you build a more exciting collection.
1. The 1926-S Buffalo Nickel
Mint State: MS 66
Record Sale Price: $322,000 in 2008
Notable Features: The 1926-S Buffalo Nickel is the most expensive Buffalo Nickel ever sold. Its value is high because very few were made, and this specific coin is in excellent condition. Collectors treasure its rarity and pristine appearance.
2. The 1913-S Type 2 Buffalo Nickel
Mint State: MS 68
Record Sale Price: $40,250 in 2001
Notable Features: The 1913-S Type 2 Buffalo Nickel is known for its clear details and is hard to find in high grades. Its well-defined features make it highly desirable among collectors.
3. The 1937-D 3-Legged Buffalo Nickel
Mint State: MS 67
Record Sale Price: $99,875 in 2006
Notable Features: This coin is famous for a minting error that resulted in a bison with only three legs. The 1937-D 3-Legged Buffalo Nickel is one of the most sought-after error coins, making it unique and rare.
4. The 1916 Doubled Die Obverse
Mint State: MS 65
Record Sale Price: $69,000 in 2003
Notable Features: The 1916 Doubled Die Obverse Buffalo Nickel is known for its doubled die error, which makes it particularly valuable and collectible. This distinctive error is one reason why collectors want this coin.
5. The 1918/7-D Overdate
Mint State: MS 65
Record Sale Price: $350,750 in 2006
Notable Features: The 1918/7-D Buffalo Nickel is recognized for its overdate error, making it a highly sought-after coin. Its unique mistake and scarcity contribute to its increased value.
Tips for Collecting Buffalo Nickels
If you want to build an impressive collection of Buffalo Nickels, here are some helpful tips to keep in mind:
- Aim for High Quality: Coins in better condition are usually worth more.
- Look for Mint Errors: Mistakes made during minting can greatly increase a coin’s value.
- Preserve Your Coins: Handle your coins carefully. Consider getting them professionally graded for authentication.
By following these tips, you can enhance your Buffalo Nickel collection and appreciate the history behind these fascinating coins.
Buffalo Nickels represent a unique part of American history and numismatic culture. Understanding which coins are most valuable and why can enhance your collecting experience. Remember to focus on quality, look for unique features, and take care of your coins to ensure they maintain their value. By following these guidelines, you can enjoy your journey in the world of Buffalo Nickels!
1. What is a Buffalo Nickel?
A Buffalo Nickel is a U.S. coin minted from 1913 to 1938, known for its distinctive design featuring an American bison.
2. Why are some Buffalo Nickels so valuable?
Certain Buffalo Nickels are rare due to low mintage numbers, mint errors, or their exceptional condition, which can lead to high auction prices.
3. How can I tell if my Buffalo Nickel is valuable?
Check for mint errors, the coin’s condition, and its year of minting. Coins in higher grades and those with errors are typically worth more.
4. How should I store my Buffalo Nickels?
Store them in a cool, dry place, preferably in coin holders or capsules to protect them from damage.
5. Can I clean my Buffalo Nickels?
It’s best not to clean coins, as this can reduce their value. If you’re unsure, consider professional advice.