1937 Buffalo Nickel
Minted in Philadelphia, the 1937 Buffalo nickel is an exciting find for a collector. Coins minted in Philadelphia never carried a mint mark until the 1940s, because Philadelphia was the original U.S. Minting location. The other 1937 Buffalo nickels will be marked with a “D” or an “S” for Denver or San Francisco, but the absence of a mint mark means it was minted at the truly historic Philadelphia Mint. Continue reading to learn more about 1937 Buffalo Nickel Value.
AUCTION RECORD: $18,213 • MS68
Image source: PCGS
Future of the U.S. Five Cent Piece
As 1938 drew near, the Buffalo nickel’s time as the official Five-Cent piece came to a close. U.S. coins had to be produced for a minimum of 25 years, and Mint officials were ready to retire the design. The Buffalo nickel was noted for wearing out coin dies very quickly, and was prone to weak strikings and more wear and tear than other coins. By the beginning of 1938, the Mint announced a new nickel design, which featured early President Thomas Jefferson on the obverse, and Jefferson's home, Monticello on the reverse.
1937 Buffalo Nickel Value
Finding a 1937 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 designs on both the obverse and reverse, and clear engravings of the date, “E Pluribus Unum,” and “Liberty,” and cent-value. Highly circulated coins go for, on average, around a dollar - making this an affordable coin to kick off or round out a collection. A mint condition coin is valued around twenty-five dollars.
Type of coin: Nickel
Year: 1937
Mint Mark: None
Total mintage: 179,480,000
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 1937 Buffalo Nickel?
The value of a 1937 Buffalo Nickel can range from about $1.50 for coins in good condition to over $100 for coins in uncirculated condition with a high grade. Special varieties, such as those with errors or particularly strong strikes, can be worth more.
How much is a 1937 Buffalo Nickel worth in mint condition?
A 1937 Buffalo Nickel in mint condition (MS60 or higher) can be worth $18 to several hundred dollars, depending on the specific grade and any distinguishing features. Coins graded MS65 and above are particularly valuable.
Does the mint mark affect the 1937 Buffalo Nickel's value?
Yes, the mint mark can affect its value. The 1937 Buffalo Nickels were minted in Philadelphia (no mint mark), Denver (D), and San Francisco (S). Coins from Denver and San Francisco in higher grades are generally more valuable than those from Philadelphia.
What is the most valuable 1937 Buffalo Nickel?
The most valuable 1937 Buffalo Nickel is typically one in a high uncirculated grade (MS67 or above), especially those with the "D" or "S" mint mark. The value increases with the coin's condition and rarity of the mint mark in high grades.
Can a 1937 Buffalo Nickel be worth more than $100?
Yes, a 1937 Buffalo Nickel can be worth more than $100, particularly if it is in an uncirculated condition with a high grade (MS65 or above) or has a less common mint mark in pristine condition.
What factors determine the value of a 1937 Buffalo Nickel?
The value is determined by the coin's condition (grade), mint mark, and any unique features or errors. The presence of a full horn on the buffalo's back and the clarity of the date also contribute to its value.
How do I find out if my 1937 Buffalo Nickel is valuable?
Examine the coin's condition, check for a mint mark, and consult a coin value guide or a professional numismatist. High-grade coins and those with mint marks are often more valuable.
Are circulated 1937 Buffalo Nickels valuable?
Circulated 1937 Buffalo Nickels can hold some value, especially if they are in fine or extremely fine condition. However, their value is typically modest compared to uncirculated coins.
What is the value of a 1937 "D" Buffalo Nickel?
A 1937 "D" Buffalo Nickel's value ranges from a few dollars in lower grades to over $100 in higher uncirculated grades. The exact value depends on the coin's condition and market demand.
What is the value of a 1937 "S" Buffalo Nickel?
Similar to the "D" mint mark, a 1937 "S" Buffalo Nickel is valued from a few dollars in lower grades to over $100 in higher uncirculated grades. Coins in pristine condition with the "S" mint mark are sought after by collectors.
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