Introduction
The 1935 Buffalo Nickel is a fascinating piece of American history. If you’re a coin collector, history buff, or just someone intrigued by old money, this coin is definitely worth learning about. But what makes the 1935 Buffalo Nickel so special? Is it valuable today? Let’s dive into everything you need to know about this iconic coin!
History of the Buffalo Nickel
The Buffalo Nickel, also known as the Indian Head Nickel, was first introduced in 1913 and was minted until 1938. Designed by James Earle Fraser, this coin was created to showcase a uniquely American design that reflected the country’s heritage and culture.
Who Designed the Buffalo Nickel?
James Earle Fraser, a renowned sculptor, designed the Buffalo Nickel. His goal was to create a coin that celebrated Native American history and the American frontier.
Why Was the Buffalo Nickel Introduced?
The U.S. government wanted a new five-cent piece to replace the Liberty Head Nickel. The Buffalo Nickel was chosen to honor the country’s history, featuring an Indigenous leader and an American bison.
1935 Buffalo Nickel: Key Features
The 1935 Buffalo Nickel is part of this iconic series. Let’s break down its most notable features.
Obverse (Front) Design
- The obverse features a detailed Native American profile.
- The word “LIBERTY” is inscribed to the right.
- The year 1935 appears at the bottom left.
Reverse (Back) Design
- The reverse showcases an American bison standing on a raised mound.
- The inscriptions include “UNITED STATES OF AMERICA” and “FIVE CENTS.”
- E PLURIBUS UNUM appears above the bison.
Mint Locations and Variations
The 1935 Buffalo Nickel was minted at three locations:
Philadelphia Mint (No Mint Mark)
- These coins have no mint mark.
- The highest number of Buffalo Nickels in 1935 came from Philadelphia.
Denver Mint (D Mint Mark)
- Features a small “D” mint mark below the mound.
- Less common than the Philadelphia version.
San Francisco Mint (S Mint Mark)
- Has an “S” mint mark.
- Fewer were produced, making them slightly rarer.
How Much Is a 1935 Buffalo Nickel Worth Today?
If you’re wondering whether your old 1935 Buffalo Nickel is worth anything, the answer depends on a few factors: condition, mint mark, and rarity.
Average Value Estimates
- Circulated Condition: $1 – $3
- Fine to Very Fine Condition: $5 – $15
- Uncirculated Condition (MS60 – MS65): $50 – $200
- Proof and High-Grade Specimens: Can exceed $1,000!
Factors That Influence Value
- Wear and Tear: Coins with minimal wear are worth more.
- Mint Marks: Denver and San Francisco nickels tend to be more valuable.
- Errors and Variations: Any misprints or double strikes can increase the value significantly.
Rare Errors and Valuable Variants
Some 1935 Buffalo Nickels have minting errors, making them even more valuable.
Doubled Die Error
- Some 1935 Buffalo Nickels feature a doubled image on the obverse.
- These coins can be worth hundreds to thousands of dollars.
Overdates and Die Breaks
- Some nickels show signs of overdated numbers or small die cracks.
- These variations can increase their rarity and value.
How to Identify a Genuine 1935 Buffalo Nickel
With counterfeits and replicas in circulation, knowing how to authenticate your Buffalo Nickel is essential.
Key Authentication Tips
- Check the Weight: A real Buffalo Nickel weighs 5 grams.
- Inspect the Details: Fake coins often have weak details.
- Use a Magnifying Glass: Look for clear mint marks and date clarity.
- Consult a Professional: A numismatist can verify authenticity.
How to Store and Preserve Your Buffalo Nickel
If you own a valuable 1935 Buffalo Nickel, proper storage is crucial.
Storage Tips
- Use Coin Holders: Protects against scratches.
- Avoid Moisture: Store in a dry place.
- Handle with Care: Use gloves to prevent fingerprints.
Where to Buy or Sell a 1935 Buffalo Nickel
If you’re looking to add a 1935 Buffalo Nickel to your collection or sell one, here are some trusted places.
Best Places to Buy
- Coin Shops: Many local dealers carry Buffalo Nickels.
- Online Marketplaces: eBay, Heritage Auctions, and other coin-selling platforms.
- Coin Shows: Great for finding rare coins.
Best Places to Sell
- Auction Houses: For high-value nickels.
- Online Coin Dealers: Websites specializing in rare coins.
- Local Coin Shops: Quick and easy transactions.
Fun Facts About the Buffalo Nickel
- The Native American Portrait: Fraser combined features of multiple Indigenous leaders to create the design.
- The Buffalo Model: The bison on the reverse is believed to be “Black Diamond” from the Central Park Zoo.
- Short Lifespan: The Buffalo Nickel was only in production for 25 years before being replaced by the Jefferson Nickel in 1938.
Conclusion
The 1935 Buffalo Nickel is more than just a piece of currency—it’s a slice of American history. Whether you’re collecting for fun or investment, this coin is a fascinating relic of the past. If you own one, check its condition and mint mark—you might have a valuable treasure in your hands!
FAQs
1. How do I clean my 1935 Buffalo Nickel?
Never clean old coins! Cleaning can reduce their value. Instead, store them safely in a protective holder.
2. What is the rarest Buffalo Nickel?
The 1918/7-D overdate is one of the rarest and most valuable Buffalo Nickels.
3. Can I still use a 1935 Buffalo Nickel as money?
Yes, it’s still legal tender worth five cents, but its collectible value is much higher.
4. Why do some Buffalo Nickels have no date?
Many nickels had their dates worn off due to the coin’s design. The raised date area wore down quickly in circulation.
5. How can I tell if my 1935 Buffalo Nickel is a rare error coin?
Look for doubling in the text or design, overdates, or unusual die marks. A professional coin grading service can help identify rare errors.