The 1936-D 3-1/2 Legs Buffalo Nickel is a rare and fascinating coin in the world of numismatics. This special coin is part of the Buffalo Nickel series and is highly sought after due to a unique minting error.
In this article, we’ll dive into the history, creation, and value of this intriguing coin, helping you understand why it’s such a prized possession among collectors.
The Buffalo Nickel Series: A Brief Overview
The Buffalo Nickel, also known as the Indian Head Nickel, was minted from 1913 to 1938. Designed by James Earle Fraser,
the coin features a Native American chief on the front and a buffalo on the back. Its design is iconic and reflects the American spirit of the early 20th century.
The Origins of the 1936-D 3-1/2 Legs Buffalo Nickel
The 1936-D 3-1/2 Legs Buffalo Nickel owes its name to a minting error at the Denver Mint. During production, one of the dies used to strike the reverse side of the nickel was over-polished.
This error resulted in part of the buffalo’s front leg being erased, creating the appearance of a “3-1/2 legs” variety instead of the usual four.
How the Error Happened
Die polishing is a common process used to clean the dies used for minting coins. However, in this case, the polishing was excessive and removed part of the buffalo’s leg from the die.
This error was not noticed immediately, so several coins with this mistake were produced before the die was corrected. This is how the 1936-D 3-1/2 Legs Buffalo Nickel came into existence.
Identifying the 1936-D 3-1/2 Legs Buffalo Nickel
To identify a genuine 1936-D 3-1/2 Legs Buffalo Nickel, look for these key features:
- Mint Mark: Check for the “D” mint mark, which indicates it was made in Denver.
- Partial Leg: The buffalo’s front leg will be partially missing, showing only three full legs and a faint stump where the fourth leg should be.
- Obverse Features: The front of the coin should feature the Native American chief, as seen on other 1936 Buffalo Nickels.
- Reverse Features: Apart from the missing leg, the reverse should display the usual details, including “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “FIVE CENTS.”
Market Value of the 1936-D 3-1/2 Legs Buffalo Nickel
The value of the 1936-D 3-1/2 Legs Buffalo Nickel varies depending on its condition. Here’s a general idea of its market value:
- Good (G-4): $400 – $600
- Very Fine (VF-20): $1,200 – $2,000
- Extremely Fine (EF-40): $3,500 – $5,000
- Uncirculated (MS-60): $8,000 – $12,000
- Uncirculated (MS-65): $15,000 – $25,000
Values can fluctuate based on demand, auction results, and the coin’s history. Coins in better condition, particularly those with sharp details, are more valuable.
Rarity and Demand
The 1936-D 3-1/2 Legs Buffalo Nickel is rare because only a few error coins were made, and many have been lost or damaged over time. This rarity, combined with the coin’s unique story, makes it highly desirable among collectors.
Collecting Tips for the 1936-D 3-1/2 Legs Buffalo Nickel
If you want to add a 1936-D 3-1/2 Legs Buffalo Nickel to your collection, consider these tips:
- Authentication: Since the coin is valuable, there are counterfeits. Buy from trusted dealers and consider professional authentication by services like PCGS or NGC.
- Condition Matters: Higher-grade coins are more valuable. Aim for coins graded Extremely Fine or better.
- Market Research: Stay updated on recent auction results and market trends to understand the coin’s current value.
- Long-Term Investment: Given its rarity and historical significance, the 1936-D 3-1/2 Legs Buffalo Nickel is a strong candidate for long-term investment.
1. What makes the 1936-D 3-1/2 Legs Buffalo Nickel special?
It’s special because of a minting error that resulted in a buffalo nickel with only 3-1/2 legs instead of the usual four.
2. How can I tell if my nickel is a genuine 1936-D 3-1/2 Legs?
Look for the “D” mint mark and check for the partial front leg on the buffalo.
3. Why was the 1936-D 3-1/2 Legs error not fixed right away?
The error went unnoticed during minting, so several coins were produced before the die was corrected.
4. How much is a 1936-D 3-1/2 Legs Buffalo Nickel worth?
The value ranges from $400 to $25,000, depending on its condition.
5. Where can I buy a 1936-D 3-1/2 Legs Buffalo Nickel?
Purchase from reputable dealers and consider professional authentication to ensure authenticity.
