The 1935 Buffalo Nickel is a fascinating piece of American numismatic history. This coin, known for its iconic design and rich cultural significance, has captivated collectors and investors alike. In this article, we delve into the various aspects of the 1935 Buffalo Nickel, including its value, mint marks, and rarity factors. Understanding these features can enhance your collecting experience and help you make informed decisions when buying or selling these coins.
Outline
- What is a Buffalo Nickel?
- What are the Features of the 1935 Buffalo Nickel?
- What is the 1935 Buffalo Nickel Mint Mark?
- What is the Value of a 1935 Buffalo Nickel?
- How to Grade a 1935 Buffalo Nickel?
- What are the Rare Variations of the 1935 Buffalo Nickel?
- Where to Buy 1935 Buffalo Nickels?
- How to Care for Your Buffalo Nickels?
- Why Collect Buffalo Nickels?
- What are the Most Common Mistakes When Collecting Buffalo Nickels?
What is a Buffalo Nickel?
The Buffalo Nickel, officially known as the “five-cent piece,” debuted in 1913 and remained in circulation until 1938. Designed by sculptor James Earle Fraser, the coin features two prominent images: the obverse showcases a Native American chief, while the reverse depicts an American bison. This design reflects the cultural heritage and symbolism of the American West, making it a beloved piece among collectors.
The Buffalo Nickel’s distinctive design and historical significance contribute to its popularity. Collectors appreciate its aesthetic and the story it tells about Native Americans and the American frontier. Over time, Buffalo Nickels have become a staple in many coin collections, especially for those focusing on early 20th-century American currency.
What are the Features of the 1935 Buffalo Nickel?
The 1935 Buffalo Nickel features the same iconic design as its predecessors. The obverse holds the portrait of a Native American, while the reverse displays a bison, a symbol of strength and resilience. The coin’s diameter measures 21.21 mm, and it has a weight of 5 grams. Each coin was minted with a composition of 75% copper and 25% nickel, giving it a unique appearance and feel.
What is the 1935 Buffalo Nickel Mint Mark?
The mint mark on a 1935 Buffalo Nickel indicates where the coin was produced. Coins minted at the Philadelphia Mint typically do not carry a mint mark, while those minted in Denver and San Francisco bear the “D” and “S” mint marks, respectively. Recognizing the mint mark is essential for determining the coin’s rarity and value.
What is the Value of a 1935 Buffalo Nickel?
The value of a 1935 Buffalo Nickel varies based on several factors, including its condition, mint mark, and demand among collectors. Generally, coins in lower grades can be found for a few dollars, while uncirculated specimens can reach prices in the hundreds. For example, a well-preserved 1935 no mint mark Buffalo Nickel may fetch around $10 to $20, while higher-graded coins can exceed $100.
How to Grade a 1935 Buffalo Nickel?
Grading a 1935 Buffalo Nickel involves evaluating its condition based on established grading scales. The grades range from Poor (P-1) to Mint State (MS-70), with several intermediate levels. Factors influencing the grade include surface wear, luster, strike quality, and the presence of any marks or blemishes.
What are the Rare Variations of the 1935 Buffalo Nickel?
While the 1935 Buffalo Nickel is not the rarest coin in the series, certain variations can be quite collectible. One noteworthy variation is the 1935 Doubled Die, which features a noticeable doubling of the design elements on the obverse and reverse. Collectors often seek out these rare coins for their unique characteristics, which can significantly elevate their value.
Where to Buy 1935 Buffalo Nickels?
When looking to buy 1935 Buffalo Nickels, collectors have several options. Local coin shops often stock a variety of coins, including Buffalo Nickels. However, online platforms such as eBay provide a broader selection and competitive pricing. Ensure you research the seller’s reputation and check for customer reviews before making a purchase.
Frequently Asked Questions (FAQ)
What is a Buffalo Nickel?
A Buffalo Nickel is a five-cent coin minted by the United States from 1913 to 1938. The coin features a Native American on the obverse and an American bison on the reverse, designed by James Earle Fraser.
How can I tell if my 1935 Buffalo Nickel has a mint mark?
To identify a mint mark on a 1935 Buffalo Nickel, look on the reverse side of the coin. If the coin was minted in Denver, it will have a “D,” and if it was minted in San Francisco, it will have an “S.” Coins from Philadelphia do not have a mint mark.
What is the average price for a 1935 Buffalo Nickel?
The average price for a 1935 Buffalo Nickel varies based on its condition and mint mark. Generally, prices range from a few dollars for lower grades to over $100 for high-grade examples.
Where can I sell my 1935 Buffalo Nickel?
You can sell your 1935 Buffalo Nickel through local coin shops, online auction platforms like eBay, or reputable dealers such as Accurate Precious Metals. Always research the value and condition of your coin before selling.
How do I know if my Buffalo Nickel is valuable?
To determine the value of your Buffalo Nickel, consider its condition, mint mark, and any unique features. Consulting price guides and recent sales data can help you assess its market value.
Summary of Key Points
- The 1935 Buffalo Nickel features an iconic design and a rich history.
- Mint marks play a crucial role in determining rarity and value.
- Grading affects the price; higher grades can significantly increase value.
- Collectors often seek rare variations, such as the Doubled Die.
- Care for your coins to maintain their condition and value.
Sources
Coin World. “Buffalo Nickel.” Coin World.
NGC. “Buffalo Nickels.” NGC.
PCGS. “Buffalo Nickel Guide.” PCGS.
