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The American coinage history is full of outstanding examples each reflecting the spirit of its time and relations with the outer world. The XX century in the US is usually associated with revelation, whether it should refer to the establishment of a new order or recognition of past cultural oppressions.
In 1913, there was released a peculiar coin that had a version of a Buffalo Nickel without a date of particular mintage, as well as regular which was quite uncommon and unique. But how much are Indian head nickels worth in general, and what about the no date Buffalo Nickel value? Let us learn how to assess and identify the coins’ value together!
Briefly About the Origins of the Buffalo Nickel
To begin with, the Buffalo Nickel, also known as the Indian Head Nickel, had a short yet vivid life that started in 1913 and lasted until 1938. This coin, which was designed by sculptor James Earle Fraser, was originally meant to celebrate the true American spirit by displaying both Native American ancestry and the untamed splendor of the American West.
The image of the coin has been rather distinctive and well-known, for it featured a profile of a Native American on the obverse and an impressive picture of an American bison on the reverse side. Such a bold decision to put two powerful figures simultaneously. What is important about the coin is that the face of a Native American is presumably an amalgam of many tribe leaders, which turned out to be the only respectful representation of the indigenous people living there.
Quick Overview of the Buffalo Nickel Coins | |
Years of Minting | 1913–1938 |
Designer | James Earle Fraser |
Metal Composition | 75% copper and 25% nickel |
Diameter | 21.2 mm |
Weight | 5.0 grams |
Mint Marks | “D” for Denver, “S” for San Francisco, and no mark for Philadelphia |
Face Value | Five cents |
However beautiful and amusing this coin may seem, it was not actually immune to errors and wear that consistently erased important information like the date. Nevertheless, why not romanticize this? The majority of numismatists believed that this aspect should have added mystery and charm to the historical significance and value of Indian head nickel that we cherish and appreciate today.
Production and Minting of Valuable Indian Head Nickels
Are Buffalo Nickels worth anything? So as to understand the problems and allure of the Buffalo Nickel value no date, it is always vital to comprehend the manufacturing side of the question. Under the supervision of the US Mint, three mints located in Philadelphia, Denver, and San Francisco produced Buffalo Nickels of regular and proof type and left their own stamp on each item. To be more precise, Philadelphia coins lack a mint mark, whereas Denver and San Francisco nickels feature a tiny "D" or "S" on the back.
Yet, the Indian nickel value was composed of several unexpected factors, e.g., high-grade conditions, low mintage years, minting errors, and wear severity, which contributed to the appreciation of Buffalo Nickels in the end. In fact, numismatists do value historical dates represented via coins like the 1937-D "Three-Legged Buffalo" and the 1913-S Type 2, which frequently fetch high prices, too.
Where Does An Indian Head Dateless Buffalo Come From?
Indian head nickel no date value is usually higher than that of a regular strike, but what is the origin of this “type” of coin? Indian Head Without Dates Indeed, Buffalo Nickels without date are just the products of the years, during which the date area, i.e., one of the most elevated spots on the coin, was subject to significant wear. The dates on these nickels disappeared more quickly than other elements because of James Earle Fraser's design's comparatively high relief. Not so poetic, isn't it?
Besides, in certain instances, the date was also lost as a result of collectors' use of harsh chemical-based cleaning techniques. And one should never forget that Buffalo Nickels were struck at a time when pocket change was widely used, which inevitably resulted in heavy wear as well. Even though some nickels are dateless, they retain the allure of the original design, and, therefore, nickel with native american and buffalo value gradually increases year by year.
Indian Head Buffalo Nickel No Date Value: Assessment Process
How much is an Indian head Buffalo Nickel worth? In general, this depends on a couple of aspects, including the condition, mint mark, and rarity of the coin. For us to grasp the idea of value identification, let us go through this process together with the help of a fine pocket assistant, Coin ID Scanner. This app is to provide us with the most relevant information about each iteration, for it grants access to an extensive database regularly updated by other numismatists and coin-grading companies alike.
Step 1. Check Condition and Wear. Are Indian head nickels worth anything? Yes, for sure, because these are coins! Not, let us be serious. The amount of wear on a coin has a huge impact on its worth, though. Higher-grade nickels, including those with a lot of detail on the buffalo and the Indian profile, will usually sell for more even if they do not have a date. Less worn coins are far more valuable than extensively worn ones, especially if they are uncirculated or almost uncirculated. |
Step 2. Look For Mint Marks Those who wonder “How much is my Buffalo Nickel worth?” should also pay attention to the mint marks. The mint mark, either D or S, located on the reverse side may still be evident and useful for determining the coin's background even if the date has vanished. Particularly expensive Buffalo Nickels from specific mints, such as the 1913-S or the 1937-D "Three-Legged Buffalo," can fetch far higher prices than their face value of five cents. |
Step 3. Identify a Type of Design Buffalo nickels are available in two distinct types, which come down to Type 1 featuring a buffalo on a raised mound, and Type 2 depicting a buffalo on a flat ground. To identify it properly, utilize tools like Coin ID Scanner by pointing the camera right from the app so as to detect its type in an instant. What is more, never neglect the AI Assistance, as it might give you insights into where this nickel was minted and answer questions like “How much is a Buffalo Nickel worth?” |
Step 4. Know Key Dates and How Rare Your Coin Is Although it may be challenging to identify certain key dates when there is no date (though Coin ID Scanner may make an attempt to do so), collectors might still take the coin's overall rarity into account, which is usually apparent and shared via forums and coin-collecting social media. Even a dateless coin could originate from a rare mint or year, as certain mintmarks and years are more scarce than others. |
Step 5. Evaluate Current Market Demand Lastly, pay attention to the market demand, for it always has an impact on the value of any numismatic item. The Buffalo Nickel series is still overly collectible, even with dateless examples, and the price can fluctuate depending on the state of the market at any particular time. |
Finally, how much are Buffalo Nickels worth? In general, such coins typically range from $1 to $5 with better conditions fetching the price of $10 to $30 per item. Certain years and mint marks, e.g., 1937-D Three-Legged Buffalo, can command significantly higher value of more than $100 or $1000 depending on their condition only. The value of dateless nickels, though, is usually a bit lower but never drastically different from those that we have indicated before.
Summarizing what we have covered before, the value of the Buffalo nickels cannot be overestimated, though it is difficult to identify the real price of each instance appropriately. So, take into account numerous aspects regardless of the coin type, and rest assured your collection is to be the best!
Sources:
https://www.jmbullion.com/coin-info/nickels/buffalo-nickels/1913-buffalo-nickel/