The buffalo nickel is not particularly rare, even though it was only minted between 1913 and 1938. According to the U.S. Mint, more than 1.2 billion such nickels were made during this time period. Some buffalo nickels, however, are more rare than others and have more value to coin collectors.
It isn't unusual to see a buffalo nickel with the date worn away, because the date was printed on a raised part of the coin's design. Since determining the age and rarity of the coin is impossible without the date, such coins are usually of little value to coin collectors.
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.
There is no way to tell the rarity or value of dateless buffalo nickels, so they are typically sold for 10 to 20 cents as of 2015. Although dateless coins are normally only worth face value, dateless buffalo nickels are worth more because crafting enthusiasts use them to make jewelry.
Black nickel plating involves the process of coating brass, bronze or steel objects with a thin layer of nickel by means of electrolysis. Black nickel plating produces a thin jet black finish.
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.
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.
The value of a 2005 bison nickel is available online at NGCCoin.com and PCGS.com, as of 2015. The United States stopped minting buffalo nickels in 1937. There are many criteria that coin appraisal websites and companies use to value coins, including condition and proof or mint designation.
As of 2015, the value of a buffalo nickel was at least 10 cents, making it more valuable than a regular nickel. The value of buffalo nickels ranges from about $3.50 for a 1913 Type 1 up to about $3,600 for an uncirculated 1926 S coin.
A 1929 buffalo nickel is part of the buffalo nickel design set produced by the U.S. Mint between 1913 and 1938. It features a right-facing Native American bust on its obverse side and an engraving of a buffalo on its reverse side.