Buffalo nickels are a significant part of U.S. coin history. Produced between 1913 and 1938, these coins have captured the attention of collectors for decades. While many Buffalo nickels were minted,
a few rare ones with specific errors are highly valuable. This article will discuss five of the most valuable Buffalo nickel errors, their importance, and how you can identify them.
1. 1937-D Three-Legged Buffalo Nickel
One of the most famous errors is the 1937-D Three-Legged Buffalo Nickel. This error happened at the Denver Mint when excessive die polishing made the buffalo appear to have only three legs. Because of its rarity, this nickel is very desirable among collectors.
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
Another notable error is the 1916 Doubled Die Obverse. In this case, the date and other details on the front of the coin are doubled. Collectors highly value this error, and even worn coins can sell for around $5,000. In excellent condition, they can be worth 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 one of the rarest and most valuable Buffalo nickels. This coin features a “7” beneath the “8” in the date because a die was reused. Only a few thousand of these coins exist, making them extremely rare and valuable, often selling 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 details of the buffalo are exceptionally bold. This error comes from a well-made die, making it appealing to collectors. Its strong details can command high prices in the market.
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 has doubled details. This error is rare and valuable, making it a sought-after item for collectors. The prices for these coins depend 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 among collectors. Their rarity and unique characteristics make them valuable additions to any collection. Whether you are 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. With their interesting stories and high prices, these nickels offer a fascinating glimpse into the world of coin collecting.
1. What are Buffalo nickels?
Buffalo nickels are U.S. coins minted between 1913 and 1938, featuring a buffalo on one side and an Indian chief on the other.
2. Why are some Buffalo nickels so valuable?
Certain Buffalo nickels are rare due to specific errors that occurred during minting, making them highly sought after by collectors.
3. How can I tell if my Buffalo nickel is valuable?
You can determine the value by checking for specific errors, the coin’s condition, and consulting price guides or a coin dealer.
4. Where can I sell my valuable Buffalo nickels?
You can sell them at coin shops, online marketplaces, or auction houses specializing in collectibles.
5. How should I store my Buffalo nickels?
Store your Buffalo nickels in a cool, dry place in coin holders or albums to protect them from damage.
