Estimate the value of a 1913 Buffalo nickel by determining the condition of the coin, its mint mark and other major attributes and by consulting a price guide such as Coinflation.com or Cointrackers.com. Determine the melt value of the coin by consulting the current price of copper.
A three-legged buffalo nickel in circulation is worth anywhere from $400 to $1,000, while one that is not in circulation can pull in $20,000 or more. The condition of the coin is important to collectors, so the ones that are in better condition will command a higher price.
Numerous buffalo nickels from the 2005 run depict an unusual error that makes one leg of the bison appear to be detached from the animal's body. Abrasions on the die used to cast the nickels caused the error, which made the nickels initially more valuable.
The silver content in a Buffalo 5-cent piece is zero percent, as it does not contain any silver. The metal content of the coin consists of 75 percent copper and 25 percent nickel.
The U.S. Mint believes that the Native American figure depicted on the Buffalo Indian Head nickel is a composite image of Chief Iron Tail of the Lakota Sioux, Chief Two Moons of the Cheyenne and another unnamed American Indian. The coins were designed by James Earle Fraser.
Made in commemoration of the bicentennial of Lewis and Clark expedition, one of the 2005 Westward Journey Nickel series depicts a buffalo on the back of the Jefferson Nickel. The President ordered the change and the buffalo represents the wildlife and the American Indians that Lewis and Clark encoun
According to CoinTrackers, the 1955 Jefferson D nickel carries a value of $.85 to $1.35 as of 2014. Unmarked 1955 Jefferson nickels range from $1 to $2.65 or more, depending on their condition.
According to CoinStudy's 2014 price guide, the value of an uncirculated 1948 Jefferson nickel is $1.33 for those minted in Philadelphia, $2.83 for those minted in Denver and $2 for those minted in San Francisco. Due to the amount available, the coins are generally collected only in uncirculated cond
At 2014 pricing levels, a 1903 nickel is worth between $1.34 and $53, depending on its condition, according to CoinStudy.com. Coin collectors use a scale of good, fine, extremely fine and uncirculated to grade the condition of coins, with uncirculated coins carrying the highest value.
Two-headed coins with a head on each side and no tail are novelties valued at only a few dollars. The U.S. Mint has built-in safeguards to prevent the production of two-headed coins, such as specially shaped dyes that can only be used in the proper orientation and position.