Current:Home > ScamsSome buffalo nickels could be worth thousands of dollars under these conditions, collector says-LoTradeCoin
Some buffalo nickels could be worth thousands of dollars under these conditions, collector says
View Date:2024-12-23 15:30:29
If you have a nickel with a buffalo on it you may have more than five cents.
Many buffalo nickels can be traded for about 50 cents but under the right conditions it could be worth over $1,000, according to coin collector David Sorrick at In God We Trust LLC.
“The series itself is fairly affordable for the average collector. Yet enough work goes into it to make it worth the chase,” Sorrick said. “It's out there, but you gotta go find it.”
Around 85% of buffalo nickels have been circulated and most are worn and very smooth, Sorrick said. If the date on the front of the coin is not visible then the coin is valued anywhere between 8 to 15 cents, Sorrick said.
Do you have a $2 bill lying around?It could be worth nearly $5,000 depending on these factors
If the date is partially visible then the coin can be worth between 50 cents to around $1, Sorrick said, and more than $1 if the date is fully visible.
A 1921 buffalo nickel in mint, or lightly circulated condition, could be worth $1,500 for if it has the letter S for San Francisco on the reverse side.
Sorrick added that an uncirculated version of the coin would be sold for $1,600 to $4,000.
The numismatist said a 1937 D, three-legged variety buffalo nickel was recently auctioned for over $100,000
“It really does come back to supply and demand. If there's interest in a particular grade and whether or not you can find that grade is always a challenge,” Sorrick said.
How much is your Buffalo nickel worth?
The value of a buffalo nickel depends on the date on the mint mark, the coin’s condition and of course supply and demand for it, Sorrick said.
“Everybody looks at a price guide and goes all the way to the right side of the page and goes to the highest example and thinks that they have that coin. But, of course, most coins have been circulated,” Sorrick said.
The numismatist said it’s a good sign if the date of the nickel is visible. He also advises buffalo nickel holders to check the reverse side of the coin and examine the mint mark at the very bottom below the “Five Cents” text.
If a mint mark with the letter D, produced in Denver, or the letter S, produced in San Francisco, the coin will be worth more than those without, which were produced in Philadelphia.
What does the Buffalo nickel look like?
Buffalo nickels have a Native American chief on the front side and a buffalo on the back. The coin series was produced between 1913 and 1938, Sorrick added.
“It’s a very classic eye-catching design and has become very popular,” Sorrick said.
More:FedEx mistakenly delivers $20,000 worth of lottery tickets to Massachusetts woman's home
veryGood! (397)
Related
- Eva Longoria Shares She and Her Family Have Moved Out of the United States
- Hong Kong cancels scores of flights as Tropical Storm Koinu draws nearer
- Why the NFL cares about Taylor Swift and Travis Kelce
- Vermont’s flood-damaged capital is slowly rebuilding. And it’s asking tourists and residents to help
- Tony Todd, star of 'Candyman,' 'Final Destination,' dies at 69
- Hilary Duff Shares How She Learned to Love Her Body
- Rangers rookie sensation Evan Carter's whirlwind month rolls into ALDS: 'Incredibly cool'
- 'Wait Wait' for October 7, 2023: With Solicitor General Elizabeth Prelogar
- Wicked's Ethan Slater Shares How Ariana Grande and Cynthia Erivo Set the Tone on Set
- UAW chief Shawn Fain says strike talks with automakers are headed in the right direction
Ranking
- ‘COP Fatigue’: Experts Warn That Size and Spectacle of Global Climate Summit Is Hindering Progress
- Hamas fighters storm Israeli towns in surprise attack; Israel responds with deadly strikes on Gaza
- Simone Biles wins 6th all-around title at worlds to become most decorated gymnast in history
- What's open, closed Monday on Columbus Day and Indigenous People's Day 2023
- Lions find way to win, Bears in tough spot: Best (and worst) from NFL Week 10
- Man indicted for threatening voicemail messages left at ADL offices in New York, 3 other states
- Guns N' Roses moves Arizona concert so D-backs can host Dodgers
- The Bachelor's Clayton Echard Reveals Results of Paternity Test Following Woman's Lawsuit
Recommendation
-
Judge moves to slash $38 million verdict in New Hampshire youth center abuse case
-
Deaths rise to 47 after an icy flood swept through India’s Himalayan northeast
-
Proof Travis Kelce Is Handling Attention Around Taylor Swift Romance All Too Well
-
Proof Justin Timberlake and Jessica Biel Are in Seventh Heaven on Italian Getaway
-
New Yorkers vent their feelings over the election and the Knicks via subway tunnel sticky notes
-
Strong earthquake and several aftershocks reported in western Afghanistan
-
American mountaineer, local guide dead after avalanches hit Tibetan mountain. Two others are missing
-
Russian woman found living with needle in her brain after parents likely tried to kill her after birth during WWII, officials say