1913 Buffalo Nickel Type 1 Value Guide

Period
1913
Origin
United States
Materials
75% Copper, 25% Nickel

The 1913 Buffalo Nickel Type 1 is a landmark piece of American numismatics, representing the very first iteration of James Earle Fraser's iconic design. It is highly collectible because it features the short-lived 'raised mound' beneath the bison, a feature that was modified mid-year to prevent the denomination from wearing away.

What affects the value of 1913 Buffalo Nickel Type 1?

  • The clarity of the 'FIVE CENTS' text, which is prone to heavy wear on this specific Type 1 design.
  • The presence of a mint mark (S or D) below the mound, which can significantly increase value over Philadelphia strikes.
  • Overall surface preservation and the amount of detail remaining in the bison's fur and the Native American's braid.
  • The strike quality, as some early 1913 issues exhibit more crisp detail than later production runs.

How to Identify 1913 Buffalo Nickel Type 1?

  • Look for the bison on the reverse standing on a distinct, raised mound of earth rather than a flat recessed line.
  • Verify the 'FIVE CENTS' inscription is located directly on top of the raised mound.
  • Check for the 1913 date on the obverse, located on the lower left shoulder of the Native American profile.
  • Confirm the composition is the standard 75% copper and 25% nickel alloy.

History of 1913 Buffalo Nickel Type 1

Designed by sculptor James Earle Fraser, the Buffalo Nickel debuted in 1913. The initial 'Type 1' design featured the bison standing on a raised mound of earth. This raised area proved problematic as the denomination 'FIVE CENTS' wore away quickly in circulation, leading the Mint to transition to the 'Type 2' design with a flat recessed line later that same year.

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