Buffalo nickels are a beloved part of American numismatic history, and while many circulate for mere cents, a select few have achieved extraordinary value, fetching prices over $500,000. These coins, minted between 1913 and 1938, have captured the attention of collectors and investors alike, often due to their rarity, unique features, and historical significance. In this article, we will explore six rare Buffalo nickels that are not only valuable but are also still in circulation.
1913-S Buffalo Nickel
The 1913-S Buffalo Nickel is one of the most sought-after coins among collectors. With only a handful known to exist, this coin’s scarcity has driven its value sky-high, often exceeding the $500,000 mark at auction.
1918/7-D Buffalo Nickel
The 1918/7-D Buffalo Nickel is famous for its overdate feature, which makes it particularly desirable among numismatists. This error coin is rare and highly prized, often commanding prices well above half a million dollars.
1926-S Buffalo Nickel
The 1926-S Buffalo Nickel is another rare find, with only a limited number of these coins produced. Its low mintage and high demand have contributed to its valuation, making it a significant piece for any serious collector.
1931-S Buffalo Nickel
The 1931-S Buffalo Nickel is notable for its low production numbers, which make it a coveted item in the world of coin collecting. Its rarity has led to instances of it selling for over $500,000, especially in higher grades.
1935 Buffalo Nickel
While more commonly found in circulation, certain high-grade specimens of the 1935 Buffalo Nickel have garnered impressive prices. Collectors are willing to pay top dollar for coins in pristine condition, pushing some sales beyond the $500,000 threshold.
1921-S Buffalo Nickel
The 1921-S Buffalo Nickel is recognized for its limited mintage and is a favorite among enthusiasts. This coin has been known to sell for prices exceeding half a million dollars, especially if it’s in excellent condition.
1920-D Buffalo Nickel
The 1920-D Buffalo Nickel is another rare variant that has caught the attention of collectors. Its scarcity in high grades has made it a valuable addition to any collection, with some transactions reaching over $500,000.
| Coin Name | Year | Mint Mark | Approximate Value |
|---|---|---|---|
| 1913-S Buffalo Nickel | 1913 | S | $500,000+ |
| 1918/7-D Buffalo Nickel | 1918 | D | $500,000+ |
| 1926-S Buffalo Nickel | 1926 | S | $500,000+ |
| 1931-S Buffalo Nickel | 1931 | S | $500,000+ |
| 1935 Buffalo Nickel | 1935 | – | $500,000+ |
| 1921-S Buffalo Nickel | 1921 | S | $500,000+ |
| 1920-D Buffalo Nickel | 1920 | D | $500,000+ |
Buffalo nickels represent a fascinating chapter in American coinage, and the rare varieties mentioned above showcase the allure of numismatics. Collectors continue to seek these coins, not only for their historical significance but also for their potential as investment opportunities. The rarity and unique characteristics of these nickels ensure that they will remain highly sought after in the years to come.
FAQs
What makes a Buffalo Nickel rare?
A Buffalo Nickel is considered rare due to its low mintage, unique features such as overdates or mint errors, and its condition. Coins in higher grades are significantly more valuable.
How can I tell if my Buffalo Nickel is valuable?
To determine the value of your Buffalo Nickel, examine its year, mint mark, and condition. Consulting with a professional numismatist or using a reputable coin price guide can provide insights into its worth.
Are rare Buffalo Nickels still in circulation?
While many rare Buffalo Nickels are held in collections or sold to collectors, some may still be found in circulation. However, their scarcity makes them difficult to locate in everyday transactions.
Where can I sell my rare Buffalo Nickel?
Rare Buffalo Nickels can be sold through coin dealers, online auction sites, or numismatic shows. It’s advisable to get an appraisal before selling to ensure you receive a fair price.
