Buffalo nickels, also known as Indian Head nickels, were minted in the United States from 1913 to 1938. They are not only popular among collectors for their distinctive design featuring an American Indian on one side and a buffalo on the other, but some of these coins are exceptionally rare and valuable. In this article, we will explore five of the most valuable Buffalo nickels, including one that has reached a staggering price of $800,000.
1918/7-D Buffalo Nickel
The 1918/7-D Buffalo nickel is one of the most sought-after coins in the series. It features a unique overdate error, where the ‘7’ from the previous year is visible beneath the ‘8’. This error makes it particularly valuable, with specimens in excellent condition fetching high prices at auction.
1937-D Buffalo Nickel
The 1937-D Buffalo nickel is famous for its “three-legged” variety. This coin was struck with a die that had been damaged, resulting in the buffalo missing its front leg. Collectors highly prize this coin, and it is one of the most recognizable varieties among Buffalo nickels.
1926-S Buffalo Nickel
The 1926-S Buffalo nickel is another rare find, with a low mintage that makes it highly collectible. Coins from this year are known for their striking detail and can command high prices, especially in well-preserved condition.
1913 Buffalo Nickel
The 1913 Buffalo nickel is notable not just for its design but also for its historical significance. A few coins from this year were minted in limited quantities, and one example sold for a record price due to its rarity and condition.
1935 Buffalo Nickel
The 1935 Buffalo nickel, particularly those with the “D” mintmark, are considered rare due to their low mintage. Collectors often seek out high-grade examples, which can be worth significantly more than their face value.
1921 Buffalo Nickel
The 1921 Buffalo nickel is another coin that stands out due to its low mintage and high demand among collectors. Its rarity has made it a favorite among numismatists, with prices varying significantly based on condition.
1923-S Buffalo Nickel
The 1923-S Buffalo nickel is known for its scarcity and appeal to collectors. With a limited number of coins minted, finding one in good condition can be a challenge, which drives up its market value.
| Coin Name | Year | Mint Mark | Estimated Value |
| 1918/7-D Buffalo Nickel | 1918 | D | Up to $100,000 |
| 1937-D Buffalo Nickel | 1937 | D | Up to $30,000 |
| 1926-S Buffalo Nickel | 1926 | S | Up to $15,000 |
| 1913 Buffalo Nickel | 1913 | Up to $800,000 | |
| 1935 Buffalo Nickel | 1935 | D | Up to $8,000 |
| 1921 Buffalo Nickel | 1921 | Up to $10,000 | |
| 1923-S Buffalo Nickel | 1923 | S | Up to $5,000 |
Buffalo nickels have captured the hearts of collectors and investors alike due to their rich history and stunning design. With some examples reaching astronomical prices, the Buffalo nickel series remains a fascinating area of numismatic study.
FAQs
What makes the 1913 Buffalo nickel so valuable?
The 1913 Buffalo nickel is valuable due to its rarity; only five specimens are known to exist. Its historical significance and the high demand from collectors contribute to its price, with one example selling for $800,000.
How can I tell if my Buffalo nickel is valuable?
To determine the value of your Buffalo nickel, check its year, mint mark, and overall condition. Coins in better condition or those with rare varieties will typically be worth more.
Where can I sell my Buffalo nickel?
You can sell your Buffalo nickel through coin dealers, at coin shows, or through online auction platforms. It’s advisable to get your coin appraised to understand its value before selling.
Are there any counterfeit Buffalo nickels?
Yes, counterfeit Buffalo nickels do exist. It is essential to purchase coins from reputable dealers and to have valuable coins authenticated by a professional grading service to avoid counterfeits.
