Buffalo Nickel Value Guide

1918 Buffalo Nickel 5C | eBay
Buffalo Nickel
Estimated Value
$3 – $12
Period
1913-1938
Origin
United States
Materials
Copper, nickel

The Buffalo Nickel, also known as the Indian Head nickel, is a quintessential piece of Americana minted between 1913 and 1938. Designed by sculptor James Earle Fraser, this copper-nickel coin is highly collectible for its rugged portrayal of a Native American chieftain and an American bison on the reverse.

What Is Buffalo Nickel Worth?

The typical price range for Buffalo Nickel is $3 - $12 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The visibility of the date is critical, as early issues often saw the date wear away due to the high-relief design.
  • Specific mint marks, located on the reverse below the 'FIVE CENTS' text, can significantly impact rarity.
  • Overall strike quality and preservation of the bison's horn and tail details drive higher valuations.
  • Key dates and error varieties, such as the 1937-D three-legged buffalo, command premium prices over the standard $3-$12 range.

How to Identify Buffalo Nickel?

  • Look for the designer's initial 'F' located just below the date on the obverse side.
  • Check the reverse for the American bison, ensuring the 'FIVE CENTS' denomination is clearly visible at the bottom.
  • Examine the obverse for the distinctive profile of a Native American, which was created using a composite of three different chiefs.
  • Verify the composition is a standard mix of 75% copper and 25% nickel.

History of Buffalo Nickel

The Buffalo or Indian Head nickel was designed by James Earle Fraser and minted from 1913 to 1938. It was created to commemorate the American West and is celebrated for its strong, iconic design. Early issues and certain mint varieties are sought after by collectors, especially well-preserved examples and rare dates or mint marks.

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