1935 Buffalo Nickel
The 1935 Buffalo nickel is noted for a significant variety with a doubled die reverse. This is the only major doubled die reverse in the entire Buffalo Nickel series.There are probably a few hundred examples in existence with most of them being in low circulated grades. In Uncirculated condition they are very scarce and possibly no more than 20 examples exist in the world. The strongest doubling is on the words “Five-Cents.” Also the words “E Pluribus Unum” are doubled but not as dramatic as the words “Five-Cents.” Continue reading to learn more about 1935 Buffalo Nickel Value.
AUCTION RECORD: $57,500 • MS68
Image source: PCGS
Origins of the Buffalo Design
While we know them colloquially as buffalo, the mighty creature on the reverse of the nickel is actually an American Bison. Sculptor James Earle Fraser stated that the buffalo on the reverse of the Buffalo Nickel was inspired by Black Diamond, an American Bison at the Bronx Zoo. Historians have disputed this, however, since there was no American Bison at the Bronx Zoo, and Black Diamond was housed at the Central Park Zoo. Black Diamond also had significantly different horns than the buffalo represented on the reverse of the Buffalo nickel.
1935 Buffalo Nickel Value
Finding a 1935 Buffalo nickel is important to many collectors, and an exciting addition to any collection. Like many older coins, the value is tied to the condition of the coin. Stay on the lookout for clear edges on the design, and a clear engraving of the date, the designer’s F initial, other inscriptions on the coin, and cent-value. Highly circulated coins go for, on average, around one dollar - making this an affordable coin to kick off a collection. However, a mint condition coin is valued at a little over twenty dollars. An uncirculated doubled die 1935 Buffalo nickel has sold for as much as twenty-five thousand dollars.
1935 Buffalo Nickel coins graded MS67 and above have been known to sell for several thousand dollars. For example, a 1935 Buffalo Nickel in MS67 condition could fetch between $1,000 and $5,000 or more at auction, depending on its eye appeal, the presence of a mint mark, and the current market demand. Coins with the "S" mint mark in high grades can be particularly valuable, as they are less common than their Philadelphia and Denver counterparts.
Type of coin: Nickel
Year: 1935
Mint Mark: None
Total mintage: 58,264,000
Metal content: 75% Copper, 25% Nickel
Face value: Five Cents
Weight: 5 grams
Edge: Plain
Designer: James Earle Fraser
Diameter: 21.2 millimeters
FAQ
What is the value of a 1935 Buffalo Nickel?
The value of a 1935 Buffalo Nickel can range from a little over face value for well-circulated coins to several hundred dollars for coins in mint state condition. The presence of a mint mark and the coin's overall condition significantly affect its value.
How much is a 1935 Buffalo Nickel worth in good condition?
In good condition (G4), a 1935 Buffalo Nickel is typically worth around $1 to $2. However, the price can vary slightly based on the coin's appearance and market demand.
What makes a 1935 Buffalo Nickel valuable?
Key factors that contribute to a 1935 Buffalo Nickel's value include its mint mark (with coins from the San Francisco mint, marked "S," generally being more valuable), its condition (with higher grades being worth more), and any unique errors or varieties.
Is a 1935 Buffalo Nickel rare?
While the 1935 Buffalo Nickel is not considered rare in circulated grades, high-grade examples (MS65 and above) and coins with specific mint marks can be less common and more valuable to collectors.
What is the most expensive 1935 Buffalo Nickel ever sold?
High-grade examples of the 1935 Buffalo Nickel, particularly those graded MS67 or higher, can sell for several thousand dollars. Exact prices depend on the coin's condition, mint mark, and the auction venue.
How do I find out if my 1935 Buffalo Nickel has a mint mark?
The mint mark on a 1935 Buffalo Nickel is located on the reverse of the coin, below the words "FIVE CENTS" at the bottom. Look for a small "D" for Denver or "S" for San Francisco. No mint mark indicates it was minted in Philadelphia.
Can a 1935 Buffalo Nickel be worth more than $100?
Yes, a 1935 Buffalo Nickel can be worth more than $100, especially if it is in uncirculated condition (MS60 or higher) and has a mint mark. Coins with exceptional preservation can fetch higher prices.
What is the value of a 1935 "D" Buffalo Nickel?
A 1935 "D" Buffalo Nickel is generally more valuable than its Philadelphia counterpart, with prices ranging from a few dollars in lower grades to several hundred dollars in higher mint state grades.
What is the value of a 1935 "S" Buffalo Nickel?
The 1935 "S" Buffalo Nickel is considered more valuable among the three mint locations, with even low-grade examples fetching a premium. In high grades, its value can exceed several hundred dollars.
How can I accurately determine the grade and value of my 1935 Buffalo Nickel?
To accurately determine the grade and value, consider consulting a professional numismatist or submitting your coin to a reputable grading service like PCGS or NGC. They can provide an official grade, which is crucial for determining its market value.
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