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Buffalo nickels are nostalgic coins that were in circulation from 1913 until 1938. Once a regular discovery in everyday life, these coins are now valued antiquities from a bygone period.
Those were followed by the Liberty Head nickel (1883-1913), Buffalo or Indian Head nickel (1913-1938) and Jefferson nickel ... Their estimated value today is more than $3 million.
The Buffalo nickel or Indian Head nickel is a copper–nickel five-cent piece that was struck by the United States Mint from 1913 to 1938. It was designed by sculptor James Earle Fraser . As part of a drive to beautify the coinage, five denominations of US coins had received new designs between 1907 and 1909.
A problem not addressed was the exposure of the date to wear; many Buffalo nickels today have the date worn away. [70] In January 1938, the Mint announced an open competition for a new nickel design, to feature early president Thomas Jefferson on the obverse, and Jefferson's home, Monticello on the reverse. [77]
For a certain generation of American kids growing up in the middle of the 20th century, there was no greater coin thrill than coming across a Buffalo nickel. Enough of the coins were still in...
Key dates for the series include the 1939-D, and 1950-D nickels. The 1939-D nickel with a mintage of 3,514,000 coins is the second lowest behind the 1950-D nickel. The cause of the key date of 1939 stems from the new design that excited collectors the year prior, after the initial hype had settled down fewer nickels were saved.
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