HIGH GRADE 1916 BUFFALO NICKEL
Lot Number:8
Completed
Start Time:4/30/2024 4:00:00 AM
End Time:5/19/2024 10:04:30 PM
Bid Count:13
Winning Bidder:w****2
Starting Bid:$1.00
Bid Increment:$1.50
Current Bid:$18.00
Bidding complete

The 1916 Buffalo nickel is a fairly common coin amongst Buffalo nickels, but it's still a well-liked piece for collectors due to its historical significance and interesting design. Here's a breakdown of its key features:

Design:

  • Obverse (front): Features a Native American profile facing right, inspired by Lakota chief Iron Tail.
  • Reverse (back): Displays an American bison (often mistaken for a buffalo) charging to the left.

Historical Context (1913-1938):

  • The Buffalo nickel was minted from 1913 to 1938, replacing the Liberty Head nickel (1883-1912).
  • Designed by James Earle Fraser, the Buffalo nickel broke away from traditional coin designs and aimed to represent American heritage.

1916 Mintage:

  • The 1916-dated Buffalo nickel was one of the more common issues in the series, with over 63 million coins minted at the Philadelphia mint (no mintmark).

Value:

  • The value of a 1916 Buffalo nickel depends on its condition:
    • Circulated pieces: Can range from $2.50 to $45, depending on wear and tear.
    • Uncirculated specimens: In very good condition, these can be worth considerably more, possibly reaching $175 or higher depending on specific details.

Interesting Facts:

  • The Buffalo nickel was designed to be more aesthetically pleasing than previous nickels.
  • The design caused some controversy over the lack of a date and the depiction of a Native American without permission.
  • Despite the controversy, the Buffalo nickel remained in circulation for over 25 years.

Where to Find Value:

  • If you have a 1916 Buffalo nickel, you can research its condition (grade) online or consult a professional coin dealer to determine its potential value.
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Michigan
United States