When it comes to American numismatics, Buffalo nickels, which were struck between the years 1913 and 1938, are among the most recognizable and highly prized coins. On the front of these nickels is a Native American, and on the reverse is a bison from the United States of America. The creative design of these nickels has earned them notoriety.

A few rare specimens of Buffalo nickels command startling values, reaching over $500,000 in auctions and private sales. This is despite the fact that the majority of Buffalo nickels are rather common. As a result of the fact that these precious coins frequently have limited production runs or unique minting faults, collectors consider them to be priceless treasures.

The Liberty Head Type 1 from 1913

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This particular coin is an example of a design that was used during the changeover from the Liberty Head nickel to the Buffalo nickel. This piece is renowned for its daring strike and fine detailing, and it is only produced in extremely limited quantities. The high-grade versions of this coin are extremely uncommon and much sought after.

The Obverse of the 1916 Double Die

A doubled die error that is considered to be among the most dramatic in the history of American coinage may be found on the 1916 Buffalo nickel. Due to the fact that the double on the obverse is easily discernible, this particular piece is a highlight for collectors of mistake coins. When it is in excellent condition, this rare item is believed to command more than $500,000 in price.

1938-D Three-Legged Figure

During the process of die-polishing, there was a mistake that led to the appearance of the buffalo with three legs. By omitting one of the buffalo’s legs, this error resulted in the creation of one of the most well-known error coins in the history of the United States. The fact that it is both rare and one of a kind makes it an essential component of Buffalo nickel collections.

The Buffalo Nickel from 1926-S

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In the field of numismatics, the 1926-S Buffalo nickel is considered to be a rare coin because it was produced in the lowest quantity of any regular-issue coin belonging to the series. It is exceptionally difficult to find instances of high quality, which results in prices at auction increasing to unprecedented levels.

An Overdate of 1918/7-D

One of the most common examples of an overdate error is the 1918/7-D Buffalo nickel, which was produced by reusing dies from the previous year. On the front of this piece, there is an obvious violation of the overdate, as the number “7” appears to overlap the number “8.” The high value of this item can be attributed to both its historical significance and its rarity.

The 1913-S Type 2

In addition to having a high demand among collectors, this piece, which was struck in San Francisco, is renowned for having an extraordinarily uncommon mintage. Because of its restricted manufacturing and the fact that it has fine details, it is considered to be one of the most valuable Buffalo nickels possible.

Obverse with a Double Die from 1936-D

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Another example of a twofold die fault is the 1936-D Buffalo nickel, which has a significant double on the obverse. This coin is highly prized by collectors due to the spectacular inaccuracy that it contains and its position in the annals of numismatic blunders.

Description of the Coin Year of Minting Errors or Features Estimated Value

Coin Name	Year of Minting	Error/Feature	Estimated Value
1913 Liberty Head	1913	Transitional Design	$500,000+
1916 Doubled Die	1916	Doubled Obverse	$550,000+
1937-D Three-Legged	1937	Missing Buffalo Leg	$575,000+
1926-S	1926	Lowest Mintage	$500,000+
1918/7-D Overdate	1918	Overdate Error	$550,000+
1913-S Type 2	1913	Limited Production	$600,000+
1936-D Doubled Die	1936	Doubling on Obverse	$525,000+

In the United States, Buffalo nickels continue to be an interesting part of the currency because they combine creativity, history, and rarity. Discovering a rare Buffalo nickel is an experience that cannot be matched by any other, regardless of whether you are an experienced collector or just starting out. Coins such as this not only provide a window into the history of the United States of America, but they also function as extremely significant investments.

FAQs

What makes a Buffalo Nickel rare and valuable?

Buffalo Nickels are considered rare and valuable based on factors like minting errors, limited production years, and the coin’s condition. Coins in mint state or with unique characteristics, such as unusual die marks or errors, tend to be worth more.

Which Buffalo Nickel is worth over $500,000?

Some of the most valuable Buffalo Nickels include those with rare minting errors like the 1913 Type 2, the 1937 D 3-Legged Buffalo Nickel, and coins with exceptional grades, such as the 1913 Liberty Head Nickel in pristine condition.

How can I identify a rare Buffalo Nickel in my collection?

To identify a rare Buffalo Nickel, look for unusual features such as doubled dies, missing details, or specific mint marks that are known to be rare. Professional coin grading services can help confirm its value and authenticity.

Where can I sell a rare Buffalo Nickel valued at over $500,000?

If you have a rare Buffalo Nickel, consider selling it through reputable auction houses, specialized numismatic dealers, or at major coin conventions, where collectors and investors are actively seeking rare coins.

What condition does a Buffalo Nickel need to be in to fetch over $500,000?

Coins in high grades, such as MS-65 or higher, are more likely to reach values over $500,000. The condition of the coin, including its level of wear, detail preservation, and lack of scratches, plays a crucial role in its price.