Discover the 1935-S Buffalo Nickel: Grading & Value Guide

The 1935-S Buffalo Nickel is a fascinating piece of numismatic history that captures the essence of American coinage. This article provides an in-depth look at the grading, value, and characteristics of the 1935-S Buffalo Nickel, making it an essential read for collectors and enthusiasts alike. Whether you’re a seasoned collector or just starting, you’ll find valuable insights on how to assess and rank this iconic coin.

What is the 1935-S Buffalo Nickel?

The 1935-S Buffalo Nickel is part of the renowned Buffalo Nickel series, which was designed by the American sculptor James Earle Fraser. The coin features a Native American on the obverse and a bison on the reverse, representing a significant aspect of American heritage. The ‘S’ in its name indicates that this nickel was minted in San Francisco, one of the key facilities of the United States Mint.

Minted during a time when the United States was undergoing significant economic changes, the 1935-S Buffalo Nickel had a mintage of approximately 6,202,000 coins. This relatively low mintage contributes to its desirability among collectors, especially those focused on rarities in the Buffalo Nickel series.

Why is the 1935-S Buffalo Nickel Valuable?

The value of any coin depends on various factors, including rarity, condition, and demand. The 1935-S Buffalo Nickel is considered valuable due to its limited mintage and historical significance. Collectors often pay a premium for well-preserved examples, particularly those in higher grades such as Mint State (MS) or Gem condition.

Market demand plays a crucial role in determining the Buffalo Nickel’s value. Auctions and sales on platforms like eBay often reflect current trends, with prices fluctuating based on collector interest. A 1935-S Buffalo Nickel in uncirculated condition can fetch substantial sums, making it a smart investment for both seasoned numismatists and new collectors alike.

How to Grade a Buffalo Nickel?

Grading a Buffalo Nickel involves assessing its physical condition using a standardized scale. The American Numismatic Association (ANA) and Professional Coin Grading Service (PCGS) provide guidelines for grading coins. The scale typically ranges from Poor (P-1) to Perfect Mint State (MS-70).

For the 1935-S Buffalo Nickel, a collector should examine aspects such as strike quality, luster, and the presence of any blemishes or marks. Coins in higher grades often exhibit strong detail in the design elements, including the Native American profile and the bison on the reverse. Understanding these grading criteria will help collectors accurately assess the value of their coins.

Where to Buy or Sell a 1935-S Buffalo Nickel?

Collectors looking to buy or sell a 1935-S Buffalo Nickel have several options. Local coin shops often carry such coins, providing an opportunity for collectors to inspect the items in person. Additionally, online platforms like eBay and auction houses offer extensive listings, where collectors can find a variety of conditions and prices.

For a more personalized experience, consider contacting reputable dealers like Accurate Precious Metals. While they do not offer free shipping unless an order reaches a certain threshold, their expertise in precious metals ensures that collectors receive genuine products. It’s essential to conduct thorough research and compare prices to make informed purchasing decisions.

What are the Different Types of Buffalo Nickels?

Buffalo Nickels come in several varieties that collectors can pursue. The primary distinction lies in the mint marks, which indicate where the coin was produced. The 1935-S Buffalo Nickel is one of three mint marks for this year, alongside the Philadelphia Mint (no mint mark) and the Denver Mint (‘D’). Additionally, there are variations based on design features, such as the regular strike and the double die.

Each type offers unique characteristics that appeal to different collectors. For example, the double die variety results from a malfunction during the striking process, yielding coins with distinctive features. Collectors often seek these rarer varieties for their collections, increasing the overall value of the Buffalo Nickel series.

What Makes the 1935 Buffalo Nickel Unique?

The 1935 Buffalo Nickel stands out due to its artistic design and the historical context of its minting. The coin features the iconic Native American profile, which symbolizes the rich culture and heritage of Indigenous peoples in America. The reverse showcases a majestic bison, a creature synonymous with the American plains.

Beyond its aesthetic appeal, the 1935 Buffalo Nickel serves as a representation of the economic landscape of its time. The Great Depression had a significant impact on coin production and circulation, making coins from this era particularly intriguing to collectors. The combination of artistry and historical significance enhances the allure of the 1935-S Buffalo Nickel.

How to Assess the Condition of Your Buffalo Nickel?

Assessing the condition of your Buffalo Nickel involves a careful examination of various factors. Start by inspecting the coin for wear and tear, which can significantly influence its grade. Look for scratches, discoloration, and other imperfections that could detract from its overall appearance.

Using magnification tools, collectors can better assess the coin’s luster and detail. A coin in uncirculated condition should exhibit a brilliant shine and clear design features, indicating minimal contact with other coins. Understanding these factors will help collectors accurately determine the value of their Buffalo Nickel and make informed decisions regarding buying or selling.

What is the Significance of the Mint Mark on the 1935-S Nickel?

The mint mark on a coin provides essential information about its origin, impacting its rarity and value. The 1935-S Buffalo Nickel, with its ‘S’ mint mark, indicates that it was produced at the San Francisco Mint. Coins from different mints often have varying mintage figures, which can affect their desirability among collectors.

How to Spot a Fake Buffalo Nickel?

Identifying fake Buffalo Nickels requires a keen eye and knowledge of genuine characteristics. Start by examining the coin’s weight and diameter, as counterfeit coins often deviate from standard specifications. The 1935-S Buffalo Nickel has a diameter of 21.21 mm and a weight of 5 grams, so any discrepancies should raise suspicion.

Additionally, scrutinize the design elements, particularly the details of the Native American profile and the bison on the reverse. Authentic coins exhibit sharp lines and clear features, while fakes often show indistinct or blurred details. Using reputable grading services like NGC or PCGS for verification can also help ensure that your Buffalo Nickel is genuine.

What are the Auction Trends for 1935-S Buffalo Nickels?

Auction trends for the 1935-S Buffalo Nickel can provide valuable insights into its market performance. Collectors often follow auction results to gauge demand and pricing for various grades of the coin. Notably, higher-grade examples fetch significantly higher prices, reflecting the collector’s willingness to invest in quality pieces.

Where to Find Resources for Buffalo Nickel Collecting?

Numerous resources are available for collectors interested in Buffalo Nickels. Online forums and communities dedicated to numismatics provide platforms for collectors to share tips, experiences, and knowledge. Websites like NGC and PCGS offer valuable information on grading standards, coin values, and market trends.

FAQs

What is the average value of a 1935-S Buffalo Nickel?

The average value of a 1935-S Buffalo Nickel varies based on its condition. Coins in lower grades may sell for around $2 to $5, while higher-grade examples can reach values of $100 or more in auctions.

How can I tell if my Buffalo Nickel is a genuine 1935-S?

To verify the authenticity of your coin, check the mint mark located on the reverse side, just below the bison. Additionally, consult reputable grading services and reference books for comparison to known genuine examples.

What are the most valuable Buffalo Nickels?

The most valuable Buffalo Nickels include rare varieties such as the 1913-S Type II and the 1937-D 3-Legged Nickel. These coins can command prices in the thousands due to their rarity and historical significance.

Is it worth investing in Buffalo Nickels?

Investing in Buffalo Nickels can be worthwhile, particularly if you focus on high-grade examples or rare varieties. The numismatic market can fluctuate, so it’s essential to research and stay informed about trends.

Where can I find a price guide for Buffalo Nickels?

Price guides for Buffalo Nickels are available online through numismatic websites such as NGC, PCGS, and various coin collecting forums. These resources provide valuable information about current market values and trends.

Summary of Key Points

• The 1935-S Buffalo Nickel is a unique piece of American numismatic history.
• Its value is influenced by rarity, condition, and market demand.
• Grading involves assessing strike quality, luster, and overall condition.
• Collectors can buy or sell the coin through various platforms, including Accurate Precious Metals.
• Mint marks significantly affect a coin’s rarity and desirability.

Sources

• Numismatic Guaranty Company. “NGC Coin Grading Scale.” NGC. https://www.ngccoin.com/coin-grading/
• Professional Coin Grading Service. “PCGS Grading Standards.” PCGS. https://www.pcgs.com/grades
• Heritage Auctions. “Buffalo Nickels Auction Results.” Heritage Auctions. https://coins.ha.com/c/search-results.zx?N=4294951476+4294951473+4294951475+4294951478+4294951477&Ntk=SI_Titles&Ntt=Buffalo+Nickels