Buffalo nickels, produced from 1913 to 1938, are well-known in U.S. numismatic history. Though many were minted, only a few rare ones with specific errors have become highly valuable.
Collectors hunt for these unique coins because of their historical value and high prices in the market. This article will explore five of the most valuable Buffalo nickel errors, their importance, and how to identify them.
1. 1937-D Three-Legged Buffalo Nickel
The 1937-D Buffalo nickel is famous for its “three-legged” error. This occurred at the Denver Mint due to excessive die polishing, which made the buffalo on the reverse side appear to have only three legs. This error is highly sought after and can be worth a lot of money.
Value Breakdown:
- Good (G-4): $500 – $700
- Extremely Fine (EF-40): $2,000 – $3,000
- Mint State (MS-63): $40,000 – $70,000
2. 1916 Doubled Die Obverse
The 1916 Buffalo nickel has a notable error known as the doubled die obverse. This means that the date and other details on the front side of the coin are clearly doubled. Collectors highly prize this error, and even worn coins can fetch around $5,000. In excellent condition, they can sell for over $100,000.
Value Breakdown:
- Good (G-4): $5,000 – $6,000
- Very Fine (VF-30): $10,000 – $20,000
- Mint State (MS-65): $50,000+
3. 1918/7-D Overdate Error
The 1918/7-D overdate error is among the rarest and most valuable Buffalo nickel errors. This coin has a “7” beneath the “8” in the date due to a die being reused. Only a few thousand of these coins are known, making them extremely rare. Well-preserved examples can easily sell for $100,000 or more.
Value Breakdown:
- Good (G-4): $1,500 – $2,500
- Extremely Fine (EF-40): $20,000 – $50,000
- Mint State (MS-65): $100,000+
4. 1926-S Strong Reverse
The 1926-S Buffalo nickel is known for its strong reverse, where the buffalo’s details are exceptionally bold. This error results from a particularly well-made die. Collectors find this variation very appealing, and it can command high prices.
Value Breakdown:
- Good (G-4): $200 – $400
- Extremely Fine (EF-40): $1,000 – $2,000
- Mint State (MS-63): $8,000 – $12,000
5. 1935 Doubled Die Reverse
The 1935 Buffalo nickel features a doubled die reverse, where the reverse side shows doubled details. This error is rare and valuable, making it a sought-after item among collectors. Prices for these coins vary based on their condition.
Value Breakdown:
- Good (G-4): $150 – $300
- Extremely Fine (EF-40): $700 – $1,500
- Mint State (MS-63): $5,000 – $8,000
Buffalo nickels with these specific errors are highly prized in the numismatic world. Their rarity and unique features make them valuable collector’s items.
Whether you’re a seasoned collector or just starting, knowing about these errors can help you find and appreciate some of the most valuable coins in U.S. history.
1. What makes the 1937-D Three-Legged Buffalo nickel so valuable?
The value comes from a minting error where the buffalo on the coin appears to have only three legs. This rarity makes it highly sought after by collectors.
2. How can I identify a 1916 Doubled Die Buffalo nickel?
Look for doubled details on the front side of the coin, especially the date. The doubling will be visible under magnification.
3. What is the significance of the 1918/7-D Overdate Error?
This error occurred because a die from 1917 was reused, creating a “7” beneath the “8” in the date. Its rarity adds to its value.
4. Why is the 1926-S Strong Reverse Buffalo nickel valuable?
The strong reverse error results in exceptionally bold buffalo details, making it a rare and valuable coin.
5. How can I tell if a 1935 Doubled Die Reverse Buffalo nickel is authentic?
Check for doubled details on the reverse side of the coin. Authentic examples will show this doubling clearly.
