Also known as a buffalo nickel because of the animal on the flip side, an Indian head nickel is very rare according to the website Rare Buffalo Nickel. However, most of these coins are not terribly valuable, despite the fact that there are not many in circulation.Continue Reading
Several areas on the first coins of this type had raised characters, making them prone to value-decreasing wear. These spots included the lettering "Five Cents" and the date. The mold was changed after the first year to fix the lettering, but the date issue continued throughout the coin's run.
In the final year the Indian head coin was minted, the buffalo imprint mistakenly only depicted three legs on the animal. Coins with this image are even more rare and therefore more valuable than other types of buffalo nickels.Learn more about Coins & Currency