United States Buffalo Nickel Value Guide

1913 T1 Buffalo Nickel | eBay
United States Buffalo Nickel
Estimated Value
$1 – $1
Period
1913-1938
Origin
United States
Materials
75% Copper, 25% Nickel

The United States Buffalo Nickel is a cornerstone of American numismatics, introduced in 1913 to enhance the aesthetic appeal of the nation's currency. Its iconic design features a composite profile of three Native American chiefs on the obverse and an American bison on the reverse, making it a favorite for its rugged, historical imagery.

What Is United States Buffalo Nickel Worth?

The typical price range for United States Buffalo Nickel is $1 - $1 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 the primary factor, as many circulated examples have become 'dateless' due to the raised design.
  • The specific mint year and mint mark (found under the 'Five Cents' text) can significantly impact rarity and market price.
  • Overall surface preservation and the amount of detail remaining on the buffalo's horn and tail.
  • The presence of the 1913 'Type 1' (mound) versus 'Type 2' (flat ground) reverse design.

How to Identify United States Buffalo Nickel?

  • Check the obverse for the composite profile of Native American chiefs Iron Tail, Two Moons, and John Big Tree.
  • Verify the composition of 75% copper and 25% nickel, which gives the coin its distinct silver-grey luster.
  • Look for the mint date located on a raised surface on the Native American's shoulder, though be aware this often wears away.
  • Inspect the reverse for the American bison standing on either a mound or a flat line, representing the two distinct 1913 varieties.

History of United States Buffalo Nickel

The Buffalo Nickel replaced the Liberty Head nickel in 1913 as part of a drive to beautify American coinage. The obverse depicts a composite profile of three different Native American chiefs: Iron Tail, Two Moons, and John Big Tree. The design was notoriously difficult to mint, often leading to the date wearing away first because it was placed on a raised surface, making dateless examples common in circulated collections.

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