Buffalo nickels, also known as Indian Head nickels, are some of the most iconic coins in American numismatic history. Struck from 1913 to 1938, these coins feature a Native American on one side and a bison on the other. While many Buffalo nickels can be found in circulation, a few rare varieties can command astonishing prices, often exceeding $200,000. This article will explore four of these rare Buffalo nickels, along with two additional varieties that are still in circulation today.
1913-S Type 1
The 1913-S Type 1 Buffalo nickel is one of the most coveted coins among collectors. This particular variety features a prominent “S” mintmark and is renowned for its low mintage. Only a handful of these coins are known to exist, making them incredibly rare and valuable.
1918/7-S
The 1918/7-S Buffalo nickel is famous for its unique overdate. This coin is a result of the mint using a die that had the previous year’s date, creating a rare and sought-after collectible. Its rarity and historical significance can drive prices well over $200,000.
1937-D 3-Legged
The 1937-D 3-legged Buffalo nickel is a remarkable error coin. This coin features a bison with only three legs, the result of a die error during production. Its scarcity and the fascinating story behind its creation make it highly desirable among numismatists.
1926-S
The 1926-S Buffalo nickel is another rare variety that collectors seek. With a low mintage and high demand, this coin can fetch significant prices at auctions. Its combination of scarcity and historical appeal makes it a prized possession for any serious collector.
1948
The 1948 Buffalo nickel is still in circulation today and is often overlooked by casual coin collectors. While it may not be as valuable as the earlier rarities, it still holds potential value for those who take the time to examine their change carefully.
1951
Another Buffalo nickel that remains in circulation is the 1951 variety. Like the 1948 nickel, it can be found in circulation but can also possess unique characteristics that may increase its value. Collectors often seek out coins with higher grades or unique features.
1938-D
The 1938-D Buffalo nickel is the last year of issue for this iconic series. While not as rare as some of the earlier varieties, it can still be valuable, particularly in mint condition. Collectors often search for this coin to complete their Buffalo nickel collections.
| Coin Name | Year | Mintmark | Approximate Value |
| 1913-S Type 1 | 1913 | S | $200,000+ |
| 1918/7-S | 1918 | S | $200,000+ |
| 1937-D 3-Legged | 1937 | D | $200,000+ |
| 1926-S | 1926 | S | $50,000+ |
| 1948 | 1948 | – | $2+ |
| 1951 | 1951 | – | $1+ |
| 1938-D | 1938 | D | $5+ |
Buffalo nickels are a fascinating area of coin collecting, with some varieties holding incredible value. For collectors and enthusiasts, understanding which coins to look for can make a significant difference in their collections.
FAQs
What makes the 1913-S Type 1 Buffalo nickel so valuable?
The 1913-S Type 1 Buffalo nickel is rare due to its low mintage and unique design features, making it highly sought after by collectors.
How can I tell if I have a 1918/7-S Buffalo nickel?
To identify a 1918/7-S Buffalo nickel, look closely at the date. If you see a 7 partially visible beneath the 8, you have an overdate coin.
Are there any Buffalo nickels worth collecting that are still in circulation?
Yes, coins like the 1948 and 1951 Buffalo nickels can still be found in circulation and may have collectible value, especially in higher grades.
How can I find rare Buffalo nickels in my change?
Look through your pocket change regularly, and familiarize yourself with the key dates and mintmarks. Checking for worn coins or those with unique characteristics can lead to valuable finds.
