Buffalo Nickels, minted from 1913 to 1938, are a fascinating part of American numismatic history. These coins are prized by collectors for their unique designs and historical significance.
In this guide, we’ll explore the most valuable Buffalo Nickels, known for fetching impressive prices at auctions. Whether you’re a seasoned collector or just starting, knowing about these rare coins can enhance your collection.
1. 1926-S Buffalo Nickel
Mint State: MS 66
Record Sale Price: $322,000 in 2008
Notable Features: The 1926-S Buffalo Nickel is renowned for being the most expensive Buffalo Nickel ever sold. Its high value is due to its extremely low mintage and exceptional grade. This coin’s rarity and pristine condition make it a coveted item among collectors.
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 notable for its clear details and rarity in high grades. It stands out for its well-defined features, making it highly desirable among collectors.
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 resulted in a bison with three legs. The 1937-D 3-Legged Buffalo Nickel is one of the most sought-after error coins and is known for its unique and rare characteristic.
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 distinguished by its doubled die error. This makes the coin particularly valuable and collectible due to its distinctive and rare error.
5. 1918/7-D Overdate
Mint State: MS 65
Record Sale Price: $350,750 in 2006
Notable Features: The 1918/7-D Buffalo Nickel is known for its overdate error. This rare mistake results in a highly sought-after coin, with its value increasing due to its unique and scarce nature.
Collecting Tips
To maximize your Buffalo Nickel collection:
- Aim for the Best: Coins in higher grades are generally more valuable.
- Look for Errors: Mint errors can significantly increase a coin’s worth.
- Preserve the Condition: Handle your coins carefully and consider professional grading for authentication.
1. What makes the 1926-S Buffalo Nickel so valuable?
The 1926-S Buffalo Nickel is valuable because of its extremely low mintage and high grade, making it rare and highly sought after by collectors.
2. Why is the 1937-D 3-Legged Buffalo Nickel famous?
The 1937-D 3-Legged Buffalo Nickel is famous for a minting error that resulted in a three-legged bison, creating a unique and rare coin.
3. What is a doubled die error?
A doubled die error occurs when a coin’s die is mistakenly struck twice, resulting in doubled images or text. This error, seen on the 1916 Buffalo Nickel, adds significant value to the coin.
4. How should I store my Buffalo Nickels?
Store Buffalo Nickels in a cool, dry place. Use protective holders or capsules to prevent damage. Handling them carefully and considering professional grading can also help preserve their value.
5. What should I look for in a high-value Buffalo Nickel?
Look for coins with higher grades, mint errors, or rare dates. Coins in excellent condition with unique features or mistakes are typically more valuable.
