The Buffalo Nickel, also known as the Indian Head Nickel, is one of the most iconic coins in American history. Designed by James Earle Fraser and first minted in 1913, this coin beautifully captures the spirit of early America with its striking images of a Native American and a powerful buffalo.
Among the many variations, the 1913-D Buffalo Nickel (PCGS #3982) stands out as a collector’s dream, not just for its history but also for its remarkable value.
Let’s look into what makes this coin so special, its fascinating design, and why collectors prize it so highly.
Design
The design of the Buffalo Nickel is celebrated as one of the most beautiful in U.S. coin history. James Earle Fraser, the designer, drew inspiration from real Native American chiefs to create the portrait on the obverse (front) of the coin. It is said to be a combination of three different chiefs, reflecting the proud and strong spirit of Native American culture.
The reverse (back) of the coin features an American buffalo standing on a raised mound, known as the “Type 1” reverse. This image is a tribute to America’s wild past and the untamed frontier, making it a piece of history in metal form.
Specifications
Here are the key specifications of the 1913-D Buffalo Nickel (PCGS #3982):
| Specification | Details |
|---|---|
| Designer | James Earle Fraser |
| Diameter | 21.20 mm |
| Weight | 5.00 grams |
| Composition | 75% Copper, 25% Nickel |
| Edge | Plain |
| Mint Mark | “D” (Denver) |
| Mintage | 17,826,000 |
| Type | Type 1 (Raised Mound) |
These details are crucial for collectors because they help identify the coin’s authenticity and value.
Rarity and Value
Despite a large mintage of over 17 million, high-quality 1913-D Buffalo Nickels are rare. Most of these coins were used in everyday transactions, leading to wear and tear. As a result, finding one in top condition is a real challenge. Collectors especially prize coins graded by PCGS (Professional Coin Grading Service) because they have been professionally evaluated for quality.
The most valuable known example of the 1913-D Buffalo Nickel (PCGS #3982) sold at auction for an astonishing $99,875. This high value is due to its exceptional condition, with sharp details, a clear design, and minimal wear.
Why Collectors Love the 1913-D Buffalo Nickel
Collectors are drawn to this coin for several reasons:
- Historical Significance: It captures a time when American coins celebrated the nation’s culture and heritage.
- Artistic Design: Fraser’s work is considered a masterpiece, making the coin a piece of art.
- Collector’s Rarity: Although millions were minted, few survive in top condition today.
- Strong Market Demand: High-grade examples continue to fetch impressive prices at auctions.
Denver Mint’s Unique Role
The Denver Mint, where this coin was produced, has a special place in the history of the Buffalo Nickel. Coins from Denver are marked with a small “D” beneath the “FIVE CENTS” on the reverse side.
The 1913-D Type 1 is part of the first year of issue, adding to its collectible value. This mintmark is a key identifier for collectors.
Owning a 1913-D Buffalo Nickel is like holding a piece of American history. From its stunning design to its cultural importance, this coin is a true treasure. And if you ever come across one in excellent condition, you might be holding a small fortune in your hand.
FAQs
What makes the 1913-D Buffalo Nickel valuable?
Its rarity in top condition and historical design make it highly valuable.
Who designed the Buffalo Nickel?
James Earle Fraser designed the Buffalo Nickel.
How much did the most expensive 1913-D Buffalo Nickel sell for?
It sold for $99,875 at auction.
How can I identify a Denver Mint Buffalo Nickel?
Look for a small ‘D’ under ‘FIVE CENTS’ on the reverse.
What metal is the Buffalo Nickel made of?
It is made of 75% copper and 25% nickel.
