Since the U.S. Mint dates all coins it produces, collectors consider a Buffalo Indian Head nickel with the date rubbed off as a low-grade coin likely worth about 50 cents. The intrinsic value of the metal in the coins is around 5 cents, as of 2014.
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.
The value of an Indian Head nickel, also known as a Buffalo nickel, does change over time and, as of 2015, has fallen off somewhat since its peak in 2008. Numerous publications track the value of Indian Head nickels and other collectible coins.
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 person on the modern U.S. nickel is Thomas Jefferson. He was the third president of the United States and the author of the Declaration of Independence. He also founded the University of Virginia.
As of 2014, the nickel coin features a portrait of Thomas Jefferson, third president of the United States. The reverse depicts Jefferson's Virginia home, Monticello. In 1938, the Jefferson nickel replaced the Indian head or Buffalo nickel design that had been in use since 1913.
Nickel is not manufactured or synthesized. It is an element with the chemical symbol "Ni" that occurs naturally in ores and minerals. It is also found in the Earth’s crust and occurs as a by-product of cobalt blue production. The Swedish chemist Axel Fredrik Cronstedt discovered nickel in 1751, but
Nickel plays a key role in daily life; it facilitates food preparation, is used to create mobile phones and medical equipment, and enables power generation, transportation and construction among other trades. Nickel is classified as an alloy, along with iron and chromium. These elements are consider
There are 40 nickels in $2. Nickels are valued at 5 cents, and $2 is 200 cents. Therefore, 40 nickels and $2 have the same value.
Nickel is found in meteorites but also comes from the silicon-burning process in a Type 1a supernova. This happens when a red giant blows off shells of its material to become a white dwarf star. The white dwarf star then collapses in on itself and explodes.