Buffalo nickels are unique coins made in the U.S. from 1913 to 1938. Many were produced, but a few have special errors that make them very valuable. Collectors love these coins not only for their history but also for their high prices.
In this article, we’ll look at five of the most valuable Buffalo nickel errors, why they matter, and how you can spot them.
1. 1937-D Three-Legged Buffalo Nickel
The 1937-D Buffalo nickel is famous for its “three-legged” error. This happened at the Denver Mint when excessive polishing of the die caused the buffalo on the back to appear as if it has only three legs. This error is very popular among collectors and can be worth a lot of money.
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
The 1916 Buffalo nickel features an error called the doubled die obverse. This means that the date and details on the front side of the coin are clearly doubled. Even worn coins can be worth around $5,000, and those in excellent condition can sell for 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 nickel errors. This coin shows a “7” under the “8” in the date due to a reused die. Only a few thousand of these coins exist, making them extremely rare. Well-preserved coins can easily sell for over $100,000.
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 buffalo’s details are very clear and bold. This error comes from a well-made die. Collectors find this variation attractive, and it can fetch high prices.
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 has a doubled die reverse, meaning the details on the back side are doubled. This error is rare and valuable, making it highly sought after by collectors.
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 prized by collectors. Their rarity and unique features make them valuable items in the numismatic world.
Whether you’re an experienced collector or just starting out,
knowing about these errors can help you find and appreciate some of the most significant coins in U.S. history.
1. What is a Buffalo nickel?
A Buffalo nickel is a coin made in the U.S. from 1913 to 1938, known for its unique design featuring a buffalo and an American Indian.
2. Why are some Buffalo nickels so valuable?
Some Buffalo nickels have special errors or features that make them rare, increasing their value significantly among collectors.
3. How can I tell if my Buffalo nickel is valuable?
Look for specific errors, such as the three-legged buffalo or doubled dies, and check the coin’s condition. Consulting a coin expert can also help.
4. Where can I sell my valuable Buffalo nickels?
You can sell your coins to coin shops, online marketplaces, or at coin shows, but it’s best to get them appraised first.
5. Are all Buffalo nickels worth a lot of money?
No, not all Buffalo nickels are valuable. Most are worth only a few cents to a couple of dollars, but certain rare ones can be worth thousands.
