Introduction
If you’re a coin collector or simply someone who stumbled upon a 1917-S Buffalo Nickel, you’re probably wondering how much it’s worth. This vintage coin holds historical significance and can be worth a small fortune depending on its condition. But what makes the 1917-S Buffalo Nickel special? Why does it hold value in today’s numismatic market? Let’s dive deep into its history, rarity, and pricing.
The Buffalo Nickel Series: A Brief Overview
Before we get into the specifics of the 1917-S Buffalo Nickel, let’s take a quick look at the entire Buffalo Nickel series.
When Were Buffalo Nickels Minted?
The Buffalo Nickel (or Indian Head Nickel) was produced from 1913 to 1938 by the United States Mint. It replaced the Liberty Head Nickel and was designed to bring a more American theme to coinage.
Who Designed the Buffalo Nickel?
This iconic coin was designed by James Earle Fraser, a renowned sculptor. The obverse features a Native American chief, while the reverse showcases an American bison, often believed to be modeled after “Black Diamond,” a famous bison at the Central Park Zoo.
Why Are Buffalo Nickels Popular Among Collectors?
Buffalo Nickels are beloved by collectors due to their beautiful design, historical significance, and rarity, especially in well-preserved conditions.
The 1917-S Buffalo Nickel: What Makes It Special?
The 1917-S Buffalo Nickel was minted in San Francisco, as indicated by the small “S” mintmark below the denomination on the reverse.
Mintage Numbers
The San Francisco Mint struck 4,193,000 Buffalo Nickels in 1917. While this isn’t the lowest mintage in the series, it’s still relatively scarce, especially in high grades.
Key Features of the 1917-S Buffalo Nickel
- Obverse: A Native American chief’s profile
- Reverse: A powerful American bison
- Mintmark: “S” below “FIVE CENTS”
- Metal Composition: 75% copper, 25% nickel
- Diameter: 21.2 mm
- Weight: 5.0 grams
1917-S Buffalo Nickel Value Breakdown
The value of a 1917-S Buffalo Nickel depends on factors like condition, demand, and rarity. Let’s take a closer look at how these factors influence pricing.
Factors That Affect Value
- Condition (Grade) – Coins with minimal wear and strong details are worth significantly more.
- Strike Quality – Some coins have weak strikes, affecting value.
- Rarity – Even though millions were minted, most have been heavily circulated.
- Market Demand – If collectors are seeking this coin, prices rise.
1917-S Buffalo Nickel Value by Grade
Here’s an approximate value guide based on coin grades:
| Grade | Estimated Value ($) |
|---|---|
| Good (G-4) | $15 – $25 |
| Very Good (VG-8) | $35 – $55 |
| Fine (F-12) | $70 – $100 |
| Very Fine (VF-20) | $130 – $180 |
| Extremely Fine (EF-40) | $250 – $350 |
| About Uncirculated (AU-50) | $400 – $600 |
| Mint State (MS-60) | $1,000+ |
| Mint State (MS-65) | $5,000+ |
How to Grade a 1917-S Buffalo Nickel
Good (G-4)
- Heavy wear with only an outline of the Native American’s face remaining.
- Bison’s features are worn flat.
Fine (F-12)
- More facial details visible.
- Bison’s legs and tail show some definition.
Extremely Fine (EF-40)
- Strong details with light wear.
- Feather details in the headdress are visible.
Mint State (MS-60+)
- No signs of wear.
- Strong luster and sharp strike.
Why Is the 1917-S Buffalo Nickel Hard to Find in High Grades?
Many 1917-S Buffalo Nickels were heavily circulated, causing significant wear. Additionally, the coin’s design had high relief points, making certain details prone to early wear. Finding an uncirculated example is challenging, which is why high-grade specimens command premium prices.
How to Authenticate a 1917-S Buffalo Nickel
With valuable coins, counterfeits are always a concern. Here are some ways to ensure authenticity:
- Check the Mintmark – The “S” should appear clearly below “FIVE CENTS.”
- Inspect the Coin’s Details – Wear patterns should match the expected grade.
- Weigh the Coin – A genuine coin weighs 5 grams.
- Professional Grading Services – If in doubt, submit the coin to PCGS or NGC.
Selling and Buying a 1917-S Buffalo Nickel
Where to Sell
- Coin Shops – Local dealers may buy it based on the current market.
- Online Auctions – eBay, Heritage Auctions, or Great Collections.
- Coin Shows – A great place to connect with serious collectors.
Where to Buy
- Certified Dealers – Look for numismatic professionals with credentials.
- Auction Houses – Specialize in rare and high-grade coins.
- Online Marketplaces – Always verify the seller’s reputation before purchasing.
Tips for Preserving Your 1917-S Buffalo Nickel
- Store in a Coin Holder – Protects from scratches and environmental damage.
- Avoid Cleaning the Coin – Cleaning can significantly lower value.
- Handle with Care – Use gloves to prevent oils from damaging the surface.
- Keep in a Stable Environment – Avoid humidity and temperature changes.
Conclusion
The 1917-S Buffalo Nickel is a fascinating piece of American coinage with significant historical and collector value. While lower-grade examples are more common, high-quality specimens are rare and command premium prices. Whether you’re looking to buy, sell, or simply understand your coin’s worth, knowing the factors that impact its value will help you make informed decisions.
FAQs
1. How rare is the 1917-S Buffalo Nickel?
It’s not the rarest in the series, but high-grade examples are extremely scarce due to heavy circulation.
2. How can I tell if my 1917-S Buffalo Nickel is real?
Check the mintmark, design details, and weight. For certainty, have it authenticated by PCGS or NGC.
3. Is a worn 1917-S Buffalo Nickel still valuable?
Yes! Even in lower grades, it can be worth $15 to $25 due to its collectible nature.
4. Can I clean my Buffalo Nickel to improve its appearance?
No! Cleaning a coin can significantly reduce its value. Leave it as is to maintain originality.
5. Where can I sell my 1917-S Buffalo Nickel?
You can sell it to local coin dealers, at online auctions, or through professional coin grading services.
If you own a 1917-S Buffalo Nickel, consider getting it graded to know its true worth. You might be holding onto a hidden treasure!