Buffalo nickels are a beloved part of American numismatics, known for their unique design featuring a Native American and a buffalo. While many of these coins are common, certain rare varieties can fetch prices well into the six figures. In this article, we will explore ten rare Buffalo nickels that are worth over $500,000, and some of these treasures could be hiding in your pocket.
1937-D Three-Legged Buffalo Nickel
The 1937-D Three-Legged Buffalo Nickel is one of the most famous varieties due to a minting error that resulted in the buffalo having only three legs. This error makes it highly sought after by collectors, with specimens in excellent condition selling for hundreds of thousands of dollars.
1918/7-D Buffalo Nickel
The 1918/7-D Buffalo Nickel features an overdate where the “7” can be seen beneath the “8”. This rare variety is a favorite among collectors and can command prices exceeding $500,000 depending on its grade.
1926-S Buffalo Nickel
The 1926-S Buffalo Nickel is known for its low mintage, making it a rare find among collectors. High-grade examples are particularly valuable, with some selling for over $500,000 at auction.
1913 Buffalo Nickel
The 1913 Buffalo Nickel, particularly the five known specimens of the Type 1 variety, is one of the most coveted coins in American history. These coins are legendary in the numismatic world, with one example selling for over $3 million.
1921 Buffalo Nickel
The 1921 Buffalo Nickel is another rare variety, as it was produced in limited numbers. Coins in mint condition can fetch prices well above $500,000, making it a desirable coin for serious collectors.
1935 Buffalo Nickel
The 1935 Buffalo Nickel is notable for its scarcity, especially in higher grades. Collectors value this coin highly, and it can be worth over $500,000 when in pristine condition.
1920-D Buffalo Nickel
The 1920-D Buffalo Nickel is another rare find, known for its limited mintage. High-quality examples are extremely valuable, with prices often surpassing $500,000.
Coin Name | Year | Rarity | Estimated Value |
Three-Legged Buffalo Nickel | 1937-D | High | Over $500,000 |
Overdate Buffalo Nickel | 1918/7-D | High | Over $500,000 |
Low Mintage Buffalo Nickel | 1926-S | High | Over $500,000 |
Legendary Buffalo Nickel | 1913 | Extreme | Over $3 million |
Limited Production Buffalo Nickel | 1921 | High | Over $500,000 |
Scarce Buffalo Nickel | 1935 | High | Over $500,000 |
Rare Find Buffalo Nickel | 1920-D | High | Over $500,000 |
Collecting rare Buffalo nickels can be an exciting hobby, and understanding the values of these coins can help you identify potential treasures. Whether you’re a seasoned collector or just starting, always check your pocket change for these rare varieties.
FAQs
What makes a Buffalo nickel rare?
A Buffalo nickel is considered rare due to factors like low mintage, specific errors during minting, or high demand among collectors. Coins that exhibit unique features or historical significance are also deemed rare.
How can I determine the value of my Buffalo nickel?
To determine the value of your Buffalo nickel, you can consult numismatic guides, online auction sites, and coin dealers. The condition of the coin, along with its rarity, will significantly influence its value.
Where can I sell my rare Buffalo nickels?
You can sell your rare Buffalo nickels through various channels, including local coin shops, online marketplaces, or auction houses. It’s advisable to get an appraisal from a reputable coin dealer before selling.
Are all Buffalo nickels valuable?
Not all Buffalo nickels are valuable. While many are collectible, most are relatively common and may only be worth a few cents to a few dollars. The rare varieties, however, can be worth significantly more.