Due to conflict within the mint, two varieties of the Buffalo nickel were struck. Variety I featured the “Five Cent” denomination in bold lettering over the mountain the buffalo was standing on, but many in the Mint were concerned that because of this design, the denomination mark would wear down quickly. Their fears were realized quickly, with many of these coins falling into disrepair within the year. The Variety I nickel would only last a few months.
Issues at the Mint
Striking the Buffalo nickel design proved to be difficult for the various Mint locations - the die casts would often break during production and required constant repair and rebuilding. This was mostly attributed to the Variety I design and its raised denomination pattern. This, as well as the issues with wear and tear, led to the Variety I 1913-S Buffalo nickel being retired within the year.
1913-S Buffalo Nickel (Variety I) Values
Out of all the Variety I 1913 Buffalo nickels, the San Francisco minted coin is worth the most. Due to its incredibly low mintage numbers, and the rarity of finding a well-maintained coin, the average cost for this unique coin sits at almost fifty dollars. However, like all coins, it’s value is derived from its condition. An uncirculated 1913-S Buffalo nickel is valued at over a hundred dollars - a great treasure for any coin collector!
Type of coin: Nickel
Year: 1913
Mint Mark: San Francisco
Total mintage: 2,105,000
Metal content: 75% Copper, 25% Nickel
Face value: Five Cents
Weight: 5 grams
Edge: Plain
Designer: James Earle Fraser
Diameter: 21.2 millimeters