Buffalo Nickels are unique coins that were made in the United States from 1913 to 1938. These coins are not just pieces of money; they hold a special place in American history and are very popular among collectors.
In this guide, we will look at some of the most valuable Buffalo Nickels, their features, and tips on how to collect them. Whether you are an experienced collector or just starting out, this information can help you understand and appreciate these fascinating coins.
Most Valuable Buffalo Nickels
Buffalo Nickels are known for their distinctive design featuring an American bison and a Native American. Some of these coins are extremely rare and can be worth a lot of money. Here are five of the most valuable Buffalo Nickels that collectors are always on the lookout for:
1. 1926-S Buffalo Nickel
- Mint State: MS 66
- Record Sale Price: $322,000 in 2008
- Notable Features: The 1926-S Buffalo Nickel is the most expensive Buffalo Nickel ever sold. Its high price is because very few were made, and the ones that exist are in excellent condition. Collectors value its rarity and quality.
2. 1913-S Type 2 Buffalo Nickel
- Mint State: MS 68
- Record Sale Price: $40,250 in 2001
- Notable Features: The 1913-S Type 2 Buffalo Nickel is prized for its sharp details and scarcity. The clear features make it a favorite among collectors looking for high-quality coins.
3. 1937-D 3-Legged Buffalo Nickel
- Mint State: MS 67
- Record Sale Price: $99,875 in 2006
- Notable Features: This coin is famous for a mint error that shows a bison with three legs instead of four. The 1937-D 3-Legged Buffalo Nickel is highly sought after because of this unique mistake, making it a special addition to any collection.
4. 1916 Doubled Die Obverse
- Mint State: MS 65
- Record Sale Price: $69,000 in 2003
- Notable Features: The 1916 Doubled Die Obverse Buffalo Nickel is known for its doubled die error, which gives it a unique look. This error makes it particularly valuable and collectible, appealing to those who appreciate rare coins.
5. 1918/7-D Overdate
- Mint State: MS 65
- Record Sale Price: $350,750 in 2006
- Notable Features: The 1918/7-D Buffalo Nickel features an overdate error, which means that it was mistakenly stamped with two different years. This error makes it rare and highly sought after, adding to its value.
Collecting Tips for Buffalo Nickels
If you want to start or improve your Buffalo Nickel collection, here are some helpful tips:
- Aim for the Best: Coins in better condition, called higher grades, are usually worth more money. Look for coins that are well-preserved and have few scratches or marks.
- Look for Errors: Mint errors, like the 3-legged bison or doubled die, can greatly increase a coin’s value. Keep an eye out for unusual features that may make a coin rare.
- Preserve the Condition: Handle your coins carefully to avoid damaging them. Consider using protective holders and seeking professional grading to verify your coins’ authenticity and condition.
Buffalo Nickels are not only an interesting part of American history, but they also provide a fun way to collect rare and valuable coins. By learning about the most valuable Buffalo Nickels and following some collecting tips,
you can enhance your collection and enjoy the hobby even more. Whether you’re searching for rare errors or simply want to own a piece of history, Buffalo Nickels offer a captivating journey into the world of numismatics.
What is a Buffalo Nickel?
Buffalo Nickels are coins minted in the U.S. from 1913 to 1938, featuring a bison and a Native American on the design.
Why are some Buffalo Nickels so valuable?
Their value comes from rarity, historical significance, and errors during minting. Coins in excellent condition are especially valuable.
How can I tell if my Buffalo Nickel is valuable?
Check the coin’s mint year, condition, and any unique features. Research recent sales of similar coins to gauge their value.
Should I clean my Buffalo Nickels?
It’s best not to clean coins as it can decrease their value. Instead, handle them carefully and store them properly.
Where can I buy or sell Buffalo Nickels?
You can buy and sell Buffalo Nickels at coin shops, auctions, or online marketplaces. Always ensure you’re dealing with reputable sellers or buyers.
