Buffalo Nickel Roll of 40 Coins (1913-1938): A Collector’s Treasure

The Buffalo nickel, minted from 1913 to 1938, is one of the most iconic coins in American history. This article explores the significance of a roll of 40 Buffalo nickels, detailing their design, rarity, and value. Whether you’re a seasoned collector or a novice, understanding these coins can enhance your appreciation and investment in numismatics. Read on to discover the unique features and historical context of this beloved coin.

What Makes Buffalo Nickels So Special?

The Buffalo nickel, also known as the Indian Head nickel, features a stunning design that pays homage to Native American heritage and the American West. The obverse of the coin showcases a profile of a Native American chief, while the reverse depicts an American bison, symbolizing the vast landscapes of the U.S. and the connection to its history. The Buffalo nickel’s artistic elements and historical significance make it a favorite among collectors.

Produced by the United States Mint, the Buffalo nickel is not just a piece of currency; it’s a collectible item that tells a story. With its unique design and cultural relevance, many collectors seek to obtain rolls of 40 coins to complete their sets or to invest in a piece of American history. The rarity of certain dates and mint marks further enhances their appeal, often leading to higher demand and increased value.

How to Identify a Full Date Buffalo Nickel

Identifying a full date Buffalo nickel is essential for collectors and can significantly impact its value. A full date refers to the coin having all numerals of the date clearly visible. Coins that lack a legible date can be considerably less valuable. To assess the condition of a Buffalo nickel, collectors often utilize a magnifying glass to inspect the details on the obverse and reverse.

In addition to the date, collectors should examine the overall condition of the coin, including the presence of wear, scratches, and the coin’s surface quality. A Buffalo nickel in good or better condition will typically command a higher price in the market. When purchasing a roll of 40 coins, ensure that the majority of them have full dates to maximize your collection’s worth.

What Is the Value of a Roll of 40 Buffalo Nickels?

The value of a roll of 40 Buffalo nickels can vary widely based on several factors, including the condition, rarity, and specific dates of the coins. Generally, a roll can range from $200 to $400 or more, depending on these variables. For instance, rolls containing coins from rare years or those with higher grades can fetch a premium price.

For collectors looking to purchase or sell Buffalo nickels, understanding the current market trends is crucial. Websites like eBay or specialized numismatic platforms often list Buffalo nickels, allowing you to gauge their market value. Remember, the value also fluctuates with demand, so keeping an eye on customer reviews and recent sales can provide insights into your investment.

Where to Buy or Sell Buffalo Nickels?

Collectors have various options when it comes to buying or selling Buffalo nickels. Online platforms like APMEX or eBay provide a wide selection of collectible coins, including rolls of 40 Buffalo nickels. These platforms often feature customer reviews, allowing you to assess the credibility of the seller and the quality of the coins.

For those looking for a more personalized experience, local coin shops can offer valuable insights and allow you to inspect the coins before purchase. Accurate Precious Metals is a reputable dealer that specializes in buying and selling gold and silver products. While they do not offer free shipping unless orders meet a certain threshold, they provide a quality selection of coins and bullion.

What Are the Rarities in Buffalo Nickels?

Not all Buffalo nickels are created equal. Certain dates and mint marks are rarer than others, significantly enhancing their value. For instance, the 1913-S Buffalo nickel, known for its low mintage, is particularly sought after by collectors. Similarly, the 1926-S and 1937-D varieties are also considered rare.

Collectors often focus on these rarities when assembling their rolls, as they offer greater investment potential. The rarity of a coin can also be determined by its condition and whether it has been graded by a third-party service. Understanding these nuances helps collectors make informed decisions when adding to their collections.

How to Grade Buffalo Nickels?

Grading Buffalo nickels involves assessing their condition based on a standard scale that ranges from Poor (P-1) to Perfect Uncirculated (MS-70). Several factors influence a coin’s grade, including the clarity of the design, the presence of any damage, and the overall wear. A well-preserved coin with minimal wear can significantly increase its value.

Many collectors choose to have their Buffalo nickels graded by professional services like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). These organizations provide a reliable grading system that helps buyers and sellers determine a fair price for their coins. When purchasing a roll of 40 coins, look for those that have already been graded to ensure you’re investing in quality items.

What Are the Features of the Buffalo Nickel Design?

The Buffalo nickel’s design stands out in American numismatics. Created by artist James Earle Fraser, the obverse features a striking portrait of a Native American chief, representing the diverse indigenous cultures of North America. The reverse boasts a detailed depiction of an American bison, which is often associated with the great plains and the American frontier.

One unique aspect of the Buffalo nickel design is the way Fraser incorporated various elements to evoke a sense of pride and history. The bison, for instance, is a symbol of strength and resilience. This artistic choice resonates with many collectors who appreciate the connection to American heritage and history embedded within the coin’s features.

What Are the Best Practices for Storing Buffalo Nickels?

Proper storage of Buffalo nickels is crucial for maintaining their condition and value. Collectors should avoid exposing coins to harsh environmental conditions, such as humidity and extreme temperatures. Instead, store your coins in a controlled environment with stable temperature and humidity levels.

When it comes to physical storage, using acid-free holders, such as coin flips or capsules, can protect the coins from scratches and tarnishing. Additionally, avoid handling coins directly with bare hands; always use gloves to prevent oils and dirt from damaging the surface. Accurate Precious Metals plans to offer storage solutions in the future, which will provide collectors with safe options for their valuable coins.

What Are Common Misconceptions About Buffalo Nickels?

Many collectors harbor misconceptions about Buffalo nickels that can affect their buying and selling decisions. One common myth is that all Buffalo nickels are valuable. While the design is iconic, many coins from this series are relatively common and have minimal value unless they are in excellent condition or feature rare dates.

Another misconception is that the presence of a mint mark always indicates a higher value. While certain mint marks do signify rarer coins, others may not significantly affect a coin’s worth. Educating oneself on the specifics of the Buffalo nickel series can help collectors avoid pitfalls and make informed decisions.

FAQs about Buffalo Nickels

What is the historical significance of the Buffalo nickel?

The Buffalo nickel holds a special place in American history, symbolizing the country’s connection to Native American culture and the American frontier. Minted during a period of significant change in the U.S., it reflects a time when the nation was coming to terms with its history and identity.

How can I determine if my Buffalo nickel is genuine?

To determine the authenticity of your Buffalo nickel, examine the details of the design. Genuine coins exhibit certain characteristics, such as crisp lines and distinct features. Consulting a numismatic expert or using a trusted grading service can also help verify authenticity.

Where can I find customer reviews on Buffalo nickels?

Customer reviews can be found on various online platforms, including coin dealers’ websites, eBay, and numismatic forums. These reviews can provide insights into the quality of coins and the reliability of sellers, helping you make informed purchasing decisions.

Is it worth investing in Buffalo nickels?

Investing in Buffalo nickels can be worthwhile for collectors and investors alike. Their historical significance, unique design, and potential for value appreciation make them a compelling addition to any collection. However, as with any investment, it’s important to conduct thorough research and understand the market before making a purchase.

Summary of Key Points

• The Buffalo nickel (1913-1938) features iconic designs of Native American heritage.
• Full date coins are more valuable; check for clear date visibility.
• Value of a roll of 40 Buffalo nickels can vary based on condition and rarity.
• Purchase and sell through reputable dealers and platforms, like Accurate Precious Metals.
• Rarity and grading significantly affect the value of Buffalo nickels.
• Proper storage is crucial for maintaining coin condition and value.

Sources

“Buffalo Nickel.” APMEX, 2023. https://www.apmex.com/product/12016/buffalo-nickel

“Buffalo Nickel.” Wikipedia, 2023. https://en.wikipedia.org/wiki/Buffalo_nickel

“Coin Grading.” PCGS, 2023. https://www.pcgs.com/learn/coin-grading

“Buffalo Nickel History.” NGC, 2023. https://www.ngccoin.com/news/article/7544/buffalo-nickel-history/