Imagine finding a nickel in your pocket that’s worth $15.1 million! Buffalo Nickel Be Worth Millions? That’s the buzz around the Buffalo Nickel, a coin that could turn spare change into a fortune. Known for its iconic Native American and bison design, this coin, minted from 1913 to 1938, is a collector’s dream. Some rare versions, like the 1913 Liberty Head Buffalo Nickel, have fetched millions at auctions. In this guide, we’ll explain what makes these nickels so valuable, how to spot them, and whether that million-dollar claim is real. Start checking your coins!
What Is a Buffalo Nickel?
A Piece of American History
The Buffalo Nickel, also called the Indian Head Nickel, was made by the U.S. Mint from 1913 to 1938. Designed by James Earle Fraser, it features a Native American chief on one side and a bison (often called a buffalo) on the other. This design captures the spirit of the Old West, making it a favorite among collectors for its beauty and historical value.
Why Some Are Worth Millions
While most Buffalo Nickels are worth a few dollars, certain rare ones can be worth thousands or even millions. A 1913 Liberty Head Buffalo Nickel reportedly sold for $15.1 million in a private sale, though such a high price is rare and hard to confirm. These coins are prized for their scarcity, condition, or unique minting mistakes.
What Makes a Buffalo Nickel Valuable?
Key Factors for Value
Several things determine a Buffalo Nickel’s worth:
- Rarity: Some years, like 1913 or 1926-S, had low production, making them hard to find.
- Condition: Nickels in pristine, uncirculated condition (called Mint State) are worth more.
- Minting Errors: Mistakes, like the 1937-D “Three-Legged” Buffalo or doubled dates, add huge value.
- Historical Appeal: The coin’s connection to America’s frontier era makes it special to collectors.
Rare Coins to Look For
Here’s a table of Buffalo Nickels that could be worth big money:
| Coin Year | Feature | Potential Value |
| 1913 Liberty Head | Only five known, prototype design | Up to $15.1M (unverified) |
| 1926-S | Low mintage, San Francisco mint | $5,000–$50,000 |
| 1937-D Three-Legged | Missing front leg due to mint error | $10,000–$100,000+ |
| 1918/7-D Overdate | Date stamped over 1917 | $30,000–$600,000 |
| 1916 Doubled Die | Doubled date or design elements | $10,000–$200,000 |
Note: Values depend on condition and grading by services like PCGS or NGC. Always get professional appraisal.
How to Spot a Valuable Buffalo Nickel
Check the Date and Mint Mark
Look for these details:
- Date: Focus on 1913, 1916, 1918, 1926, or 1937. The date is on the front, below the Native American’s profile.
- Mint Mark: Found below “FIVE CENTS” on the back. Look for “S” (San Francisco) or “D” (Denver), as these are often rarer.
- Errors: Use a magnifying glass to spot doubled dates, missing legs, or off-center designs.
Examine the Condition
Coins with sharp details, like clear cheekbones on the Native American or a defined bison shoulder, are more valuable. Avoid cleaning coins, as it can ruin their value. Professional grading services use a 1–70 scale, with higher grades (e.g., MS65+) fetching top prices.
Where to Find These Nickels
Everyday Places
Valuable Buffalo Nickels can turn up in:
- Pocket Change: Though rare, some still circulate from old collections.
- Coin Jars: Check family heirlooms or inherited stashes.
- Flea Markets or Estate Sales: Older coins often appear at these spots.
A Real-Life Find
In the 1960s, a 1937-D Three-Legged Buffalo Nickel was found in a child’s piggy bank and later sold for over $100,000, showing treasures can hide anywhere.
What to Do If You Find One
- Handle Carefully: Hold by the edges to avoid damage.
- Don’t Clean It: Cleaning removes the natural patina, lowering value.
- Store Safely: Use an acid-free holder or case.
- Get It Graded: Contact PCGS or NGC for professional grading.
- Consult Experts: Reach out to coin dealers or auction houses like Stack’s Bowers for appraisal.
Is the $15.1 Million Claim Real?
The claim of a $15.1 million Buffalo Nickel comes from a reported private sale of a 1913 Liberty Head Nickel, one of only five known. While one sold for $4.5 million at auction in 2018, the $15.1 million figure is unverified and likely exaggerated. Most valuable Buffalo Nickels sell for thousands, not millions, but the hype fuels excitement for collectors.
Conclusion
The Buffalo Nickel is more than just spare change—it’s a piece of history that could be worth a fortune. While a $15.1 million nickel is a rare find, coins like the 1937-D Three-Legged or 1918/7-D Overdate can still bring thousands. Check your change, coin jars, or old collections for these treasures. With a magnifying glass and some luck, you might uncover a nickel that changes your life. Get any promising finds graded by professionals, and join the thrilling hunt for hidden wealth!
FAQs
What is a Buffalo Nickel?
It’s a U.S. nickel minted from 1913 to 1938, with a Native American on one side and a bison on the other.
How do I know if my Buffalo Nickel is valuable?
Check the date, mint mark (“S” or “D”), and errors like doubled dates or missing legs. Get it graded by PCGS or NGC.
Is the $15.1 million Buffalo Nickel real?
A 1913 Liberty Head Nickel reportedly sold for $15.1 million, but this is unverified. Most valuable nickels are worth thousands.
Where can I sell a rare Buffalo Nickel?
Use reputable auction houses like Heritage Auctions or dealers, or get it graded by PCGS or NGC for better value.
Can I find Buffalo Nickels in circulation?
It’s rare since they stopped being minted in 1938, but some still appear in old collections or change.