Hidden inside pocket change once worth just five cents, Buffalo Nickels now stand as some of the most iconic and valuable coins in US history. From minting errors to rare dates, these coins capture the hearts of collectors and investors alike. Keep reading to uncover which Buffalo Nickels can fetch thousands — or even more.
What Are Buffalo Nickels?
The Buffalo Nickel, also known as the Indian Head Nickel, was minted from 1913 to 1938. It features a Native American profile on the obverse and a majestic buffalo on the reverse. Though common in circulation decades ago, today the rarest issues are sought after as priceless collectibles.
The History of the Buffalo Nickel
Introduced to replace the Liberty Head Nickel, the design was created by sculptor James Earle Fraser. Inspired by real-life Native American chiefs and an actual bison named “Black Diamond,” the coin became a symbol of America’s frontier spirit. Ironically, its detailed design also made it prone to errors — creating some of the most valuable nickels ever.
Why Collectors Want Buffalo Nickels Today
Collectors prize Buffalo Nickels because of their unique designs, historical connections, and rare varieties. Certain coins were minted in small quantities, while others feature striking errors, making them worth far more than face value. Their popularity ensures strong demand at auctions and private sales.
Top 10 Most Valuable Buffalo Nickels
1. 1913-S Type 2 Buffalo Nickel
Scarce San Francisco issue with a low mintage. Value: $30,000+
2. 1918/7-D Overdate Buffalo Nickel
A famous overdate error where the “7” underlies the “8.” Value: $100,000+
3. 1926-S Buffalo Nickel
Extremely low mintage and tough to find in high grade. Value: $50,000+
4. 1937-D Three-Legged Buffalo Nickel
Mint error with one missing leg on the buffalo. Value: $100,000+
5. 1921-S Buffalo Nickel
San Francisco mint, one of the hardest years to find in pristine condition. Value: $20,000+
6. 1916 Doubled Die Obverse Buffalo Nickel
Error variety with doubling on the date and inscriptions. Value: $75,000+
7. 1935 Doubled Die Reverse Buffalo Nickel
Rare doubled die error on the reverse lettering. Value: $25,000+
8. 1913-D Type 2 Buffalo Nickel
Early Denver mint issue with limited numbers. Value: $15,000+
9. 1924-S Buffalo Nickel
Scarce San Francisco mintage with low survival rates. Value: $10,000+
10. 1917-S Buffalo Nickel
Another tough San Francisco strike, especially rare in Mint State. Value: $12,000+
Table 1: Quick Value Overview of Top Buffalo Nickels
| Coin Name | Year | Key Feature | Estimated Value |
|---|---|---|---|
| 1913-S Type 2 | 1913 | Low mintage | $30,000+ |
| 1918/7-D Overdate | 1918 | Overdate error | $100,000+ |
| 1926-S | 1926 | Rare strike | $50,000+ |
| 1937-D Three-Legged | 1937 | Missing leg error | $100,000+ |
| 1921-S | 1921 | Hard to find | $20,000+ |
| 1916 Doubled Die Obverse | 1916 | Doubling on obverse | $75,000+ |
| 1935 Doubled Die Reverse | 1935 | Doubling on reverse | $25,000+ |
| 1913-D Type 2 | 1913 | Denver mint | $15,000+ |
| 1924-S | 1924 | Low mintage | $10,000+ |
| 1917-S | 1917 | Rare San Francisco | $12,000+ |
Table 2: Collector Tips for Buffalo Nickels
| Tip | Why It Matters |
|---|---|
| Check Mintmarks | San Francisco and Denver issues are often rarer |
| Look for Errors | Doubled dies and missing designs boost value |
| Condition is Key | Higher grades can multiply value several times over |
| Get Coins Certified | PCGS or NGC certification increases buyer confidence |
| Study Key Dates | Early issues like 1913 or rare errors are most prized |
Expert Insights for Collectors
Numismatists suggest focusing on errors and key dates when collecting Buffalo Nickels. While many circulated heavily, high-grade examples remain extremely valuable. Beginners should start with affordable common dates before chasing million-dollar rarities.
FAQs
Q: Are Buffalo Nickels still in circulation?
A: No, they were last minted in 1938, though some may still turn up in collections.
Q: Which Buffalo Nickel is the rarest?
A: The 1918/7-D Overdate and 1937-D Three-Legged Nickel are among the rarest.
Q: How can I tell if I own a valuable Buffalo Nickel?
A: Check the date, mintmark, and condition. If in doubt, get it professionally graded.
Conclusion: Could a Nickel in Your Collection Be Worth a Fortune?
The Buffalo Nickel is more than a coin — it’s a piece of history. From the mysterious 1918/7-D Overdate to the famous Three-Legged Buffalo, each rare issue tells a story and holds immense value. Take a closer look at your collection — that old nickel could be a hidden treasure waiting to be discovered.