The 1937 Buffalo Nickel is one of America’s most loved coins, especially for collectors who see it as a piece of history. Some of these coins are more valuable than others due to a unique error or specific mint markings. Among the 1937 Buffalo Nickels, there’s a special variety—the “Three-Legged Buffalo” nickel—that has become a hidden treasure, often worth thousands of dollars. Read on to find out if your 1937 Buffalo Nickel could be worth more than just five cents!
What Makes the 1937 Buffalo Nickel Special?
The 1937 Buffalo Nickel was one of the last to feature the classic buffalo design before it was replaced by the Jefferson Nickel. This nickel captures the rugged American West with its Native American chief on one side and an American bison on the other. While all 1937 Buffalo Nickels are collectible, certain ones are extremely valuable due to rare errors or mint marks.
The Rare Three-Legged Buffalo Error
The “Three-Legged Buffalo” error occurred during the minting process at the Denver Mint. A mistake left the buffalo with only three legs, making this coin highly sought after. The Three-Legged Buffalo Nickel can fetch thousands of dollars in good condition, as collectors see it as a unique and rare piece of American history.
How to Identify a 1937 Three-Legged Buffalo Nickel
Look for the missing leg on the front right side of the buffalo. Another telltale sign is the letter “D” under the buffalo, indicating it was made in Denver. If you spot these details on your coin, you might have a valuable 1937 Three-Legged Buffalo Nickel.
Condition Matters: Grading Your Nickel
The value of a 1937 Buffalo Nickel depends on its condition. Coins with minimal wear and clear features are worth much more than heavily worn coins. Getting your coin professionally graded can help determine its value and make it easier to sell if it’s worth a significant amount.
The 1937 Buffalo Nickel, especially the rare Three-Legged variety, is a prized find among collectors. If you have one of these unique nickels, you could be holding a piece of history and a hidden treasure. Checking your coin’s details can reveal if it’s an everyday nickel or a valuable collectible worth a closer look.
1. What makes the 1937 Buffalo Nickel valuable?
The 1937 Buffalo Nickel is valuable due to its historical design, but the rare “Three-Legged Buffalo” error makes some of these coins worth thousands.
2. How can I identify the Three-Legged Buffalo error?
Look for a missing front leg on the buffalo image and a “D” mint mark under the buffalo. These details are unique to the valuable error coin.
3. How much is a 1937 Three-Legged Buffalo Nickel worth?
Depending on its condition, this coin can range from a few hundred to several thousand dollars, especially if it’s well-preserved.
4. Where can I sell my 1937 Buffalo Nickel?
You can sell it to coin dealers, through online marketplaces like eBay, or at coin auctions for rare coins.
5. Is it worth getting my Buffalo Nickel graded?
Yes, professional grading can increase its value by confirming its authenticity and condition, especially if you have a Three-Legged Buffalo Nickel.
