The Buffalo Nickel, produced between 1913 and 1938, remains one of the most recognizable and beloved coins in American history. Designed by James Earle Fraser, this coin features a powerful depiction of a Native American on the obverse and a majestic American bison on the reverse. Its artistic design and historical significance have made it a staple among collectors.
Beyond its standard minting, certain Buffalo Nickels are worth a fortune due to rare minting errors. These mistakes-ranging from doubled dies to misstrikes-have elevated some coins to extraordinary levels of value. In this article, we’ll examine the 9 most valuable Buffalo Nickel error coins that could be worth a small fortune.
Table of Contents
1. 1916 Doubled Die Obverse
The 1916 Doubled Die Obverse Buffalo Nickel is a highly coveted error coin featuring dramatic doubling on the obverse, particularly in the word “LIBERTY” and the date. This striking mistake makes it a collector’s dream.
An MS-65 example fetched $75,000 in 2023, highlighting its rarity and desirability.
2. 1937-D Three-Legged Buffalo Nickel
One of the most famous error coins in U.S. history, the 1937-D Three-Legged Buffalo Nickel was created when over-polishing removed part of the bison’s front leg, giving the illusion of a three-legged buffalo.
A high-grade MS-64 specimen sold for $60,000 in 2023, making it a top-tier collectible due to its distinct look and intriguing history.
3. 1918/7-D Overdate
The 1918/7-D Overdate Buffalo Nickel is an extremely rare variety caused by an improperly prepared die, resulting in traces of the earlier “1917” date appearing beneath the “1918.” This overpunched error is highly sought after.
An MS-63 graded example sold for $50,000 in 2023, cementing its status as a prized find.
4. 1927-S Struck on a Quarter Planchet
This fascinating 1927-S Buffalo Nickel error was mistakenly struck on a quarter planchet, making it smaller and thinner than a standard nickel. The misalignment results in an oddly shaped coin with unique proportions.
An example of this rare mistake sold for $45,000 in 2022, proving that such errors command high prices.
5. 1914 Doubled Die Reverse
The 1914 Doubled Die Reverse Buffalo Nickel features clear doubling on the reverse, particularly in the bison’s details and surrounding inscriptions. This rare error enhances the coin’s desirability among collectors.
An MS-65 example was auctioned for $40,000 in 2023, solidifying its reputation as a valuable numismatic treasure.
6. 1936-D Clipped Planchet Error
A visually distinct error, the 1936-D Buffalo Nickel clipped planchet variety occurs when a portion of the coin’s edge is missing due to an improper blank cut. The result is a crescent-shaped void that makes the coin stand out.
A high-grade MS-63 example fetched $35,000 in 2023, highlighting its appeal and rarity.
7. 1920-D Broadstruck Error
The 1920-D Buffalo Nickel broadstruck error was struck without the collar die, causing the coin to expand beyond its standard diameter. This results in an unusually shaped, distorted nickel with a flattened rim.
An MS-64 example sold for $30,000 in 2023, demonstrating the premium collectors place on such unique errors.
8. 1919 Double Struck Error
The 1919 Buffalo Nickel double struck error occurred when the coin was accidentally struck twice, leading to overlapping design elements. This distinctive feature makes it a collector’s favorite.
A specimen graded MS-63 was sold for $25,000 in 2023, making it a rare and sought-after piece.
9. 1913-S Repunched Date
The 1913-S Buffalo Nickel repunched date variety occurs when the die was struck multiple times, leaving faint traces of earlier digits visible behind the final date. This subtle error adds intrigue to an already historic coin.
An MS-64 example sold for $20,000 in 2023, proving that even minor minting flaws can carry significant value.
Why Are These Buffalo Nickel Errors So Valuable?
Several key factors contribute to the high values of these Buffalo Nickel error coins:
- Rarity: Minting errors like doubled dies, misstrikes, and overdates are rare, making these coins extremely difficult to find.
- Condition: Higher-grade specimens (MS-63 and above) command premium prices, as well-preserved coins are harder to come by.
- Historical Significance: Many of these errors are linked to important moments in U.S. minting history, increasing their value and appeal.
- Visual Uniqueness: The striking nature of these errors makes them visually compelling and highly desirable for collectors.
Could You Have a Valuable Buffalo Nickel?
Although the chances of finding one of these rare Buffalo Nickel errors in everyday circulation are slim, it’s not impossible. Many collectors hunt through rolls of nickels, estate sales, and online marketplaces in search of hidden gems. If you come across a Buffalo Nickel with unusual features—such as missing details, doubled inscriptions, or an irregular shape—it might be worth having it professionally appraised.
Why Collect Buffalo Nickel Errors?
Buffalo Nickel errors offer a unique blend of artistry, history, and rarity. Each error coin represents an intriguing glimpse into the imperfections of the minting process. For collectors, these coins provide a rewarding and exciting pursuit, while for investors, they offer the potential for significant appreciation in value over time.
The 9 rare Buffalo Nickel errors featured in this article highlight the incredible variety and fascination within the world of numismatics. From the legendary 1937-D Three-Legged Buffalo Nickel to the unusual 1919 Double Struck Error, each coin tells a compelling story and remains a valuable piece of minting history.
