10 Rare Buffalo Nickels Worth Collecting: The Buffalo nickel, also known as the Indian Head nickel, was minted from 1913 to 1938. Designed by James Earle Fraser, it features a Native American profile on the obverse and a majestic buffalo on the reverse. This coin is celebrated for its artistry and historical significance. While millions were produced, certain dates, mint marks, and varieties are rare and highly valuable. Collectors continue to seek these treasures, and their values remain strong in today’s market.
1913 Type 1 Buffalo Nickel
The first year of issue produced two types. Type 1 shows the buffalo standing on a raised mound. These coins were quickly modified to Type 2, making Type 1 scarcer. High-grade examples are worth hundreds of dollars.
1913-S Type 2 Buffalo Nickel
The San Francisco mint produced a limited number of Type 2 nickels in 1913. With a low mintage, this coin is rare and valuable, often selling for thousands in top condition.
1916 Doubled Die Obverse
This error coin shows dramatic doubling in the date and lettering. It is one of the most famous Buffalo nickel varieties and can be worth thousands depending on grade.
1918-D 8 Over 7 Overdate
A rare overdate variety where the “8” in the date was struck over a “7.” This coin is highly prized by collectors and commands strong prices at auction.
1921-S Buffalo Nickel
The San Francisco mint produced a small number of nickels in 1921. With a low mintage and scarcity in high grades, this coin is worth thousands.
1924-S Buffalo Nickel
Another San Francisco issue with a low mintage, the 1924-S is difficult to find in good condition. Collectors pay high premiums for well-preserved examples.
1926-S Buffalo Nickel
The 1926-S is one of the rarest Buffalo nickels in high grades. Circulated examples are common, but uncirculated coins are extremely valuable, often selling for tens of thousands.
1931-S Buffalo Nickel
With a low mintage, the 1931-S is a key date in the series. Even circulated examples are worth far more than face value, while high-grade coins are highly prized.
1937-D Three Legged Buffalo
This famous error coin shows the buffalo missing one of its legs due to over-polishing of the die. It is one of the most iconic varieties and can be worth thousands.
1938-D Buffalo Nickel
The final year of issue saw limited production at the Denver mint. Collectors value this coin as the last of the series, and high-grade examples are worth significant premiums.
Condition and Grading
The value of Buffalo nickels depends heavily on condition. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70). High-grade coins with sharp details and original luster are worth far more than worn examples. Professional grading services provide certification that ensures authenticity and helps establish market value.
Auction Records
Rare Buffalo nickels have achieved impressive prices at auction. Coins such as the 1918-D 8 Over 7 and the 1937-D Three Legged Buffalo have sold for tens of thousands of dollars. These record sales highlight the enduring appeal of the series.
Collecting Tips
Collectors interested in Buffalo nickels should learn to identify key dates, mint marks, and varieties. Using a magnifying glass to inspect details can reveal rare features. Storing coins in protective holders and avoiding cleaning will help preserve their condition.
Preservation and Care
Proper storage is essential for maintaining the value of rare coins. Coins should be kept in a stable environment with low humidity. Protective cases or albums can prevent scratches and tarnish. Handling coins carefully will help preserve their surfaces.
Investment Potential
Buffalo nickels offer strong investment potential. Their values have steadily increased over time, and demand remains strong among collectors. Rare varieties and high-grade examples are especially valuable, making them excellent choices for both collectors and investors.
Conclusion
The Buffalo nickel is a masterpiece of American coinage. From the 1913 Type 1 to the famous 1937-D Three Legged Buffalo, rare varieties continue to captivate collectors. With values ranging from hundreds to tens of thousands, these coins represent both historical treasures and valuable investments. For anyone interested in numismatics, Buffalo nickels are essential additions to a meaningful collection.
Would you like me to also create a quick reference chart listing these 10 rare Buffalo nickels with their key features and approximate values? That would make this guide even more practical for collectors.
