The Buffalo Nickel, minted between 1913 and 1938, is one of the most iconic U.S. coins ever produced. While many of these nickels are common, certain rare varieties have skyrocketed in value over time. Some of these nickels, thanks to errors, low mintages, and unique characteristics, are worth a small fortune today.
If you have a Buffalo Nickel in your collection, you might want to take a closer look. Here are seven of the rarest and most valuable Buffalo Nickels, collectively worth over $1 million.
1918/7-D
One of the most famous error coins in U.S. history, the 1918/7-D Buffalo Nickel resulted from a 1917 die being repurposed and overdated to 1918 at the Denver Mint. This overdate error is highly sought after by collectors.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $350,000 in high grades
1916
This Buffalo Nickel features a doubled die obverse, meaning the date appears slightly doubled due to a misalignment during minting. The doubling is noticeable and makes this coin a prized find.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $281,000 in mint state
1926-S
With the lowest mintage of the entire Buffalo Nickel series, the 1926-S is an extremely rare find in high grades. Coins from this year were heavily circulated, making mint-condition specimens exceptionally valuable.
- Mintage: 970,000
- Estimated Value: Up to $322,000 in mint state
1937-D
Known as the “Three-Legged Buffalo Nickel,” this variety resulted from excessive die polishing at the Denver Mint, which removed part of the buffalo’s front leg. This striking error makes it one of the most desirable Buffalo Nickels.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $150,000 in high grades
1936-D
Similar to the three-legged variety, the “Three-and-a-Half Legs” Buffalo Nickel resulted from over-polishing the die, partially removing one of the buffalo’s legs. This variety is less valuable than the 1937-D but still commands a premium price.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $21,000 in mint state
1914/3
Another overdate error, this coin was produced when a 1913 die was repurposed for 1914. The underlying “3” is faintly visible beneath the “4,” making it a rare and collectible find.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $7,000 in high grades
1935
This Buffalo Nickel features a doubled die reverse, where the inscriptions on the reverse side show clear doubling. This variety is especially valuable in uncirculated condition.
- Mintage: Unknown (due to the error)
- Estimated Value: Up to $104,650 in mint state
| Year | Variety | Mintage | Estimated Value |
|---|---|---|---|
| 1918/7-D | Overdate | Unknown | Up to $350,000 |
| 1916 | Doubled Die Obverse | Unknown | Up to $281,000 |
| 1926-S | Low Mintage | 970,000 | Up to $322,000 |
| 1937-D | Three-Legged | Unknown | Up to $150,000 |
| 1936-D | Three-and-a-Half Legs | Unknown | Up to $21,000 |
| 1914/3 | Overdate | Unknown | Up to $7,000 |
| 1935 | Doubled Die Reverse | Unknown | Up to $104,650 |
The Buffalo Nickel series is full of hidden gems that could be worth a fortune. If you have any old nickels lying around, it might be worth checking them for these rare varieties. Even well-worn versions of these coins can be valuable, but those in mint condition command the highest prices.
If you’re serious about coin collecting or investing in rare coins, staying updated on market values and consulting professional appraisers can help you make the most of your numismatic treasures.
FAQs
What makes a Buffalo Nickel valuable?
Rare errors, low mintages, and unique features increase value.
How can I tell if I have a rare Buffalo Nickel?
Look for errors, low mintage years, and doubled die varieties.
What is the most valuable Buffalo Nickel?
The 1918/7-D Overdate can be worth up to $350,000.
Where can I sell a rare Buffalo Nickel?
Auction houses, coin dealers, and online marketplaces.
Should I clean my Buffalo Nickel before selling?
No, cleaning can decrease its value significantly.
