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Most Up-to-Date 1937 Buffalo Nickel Value In Today's Market

butchkaliva December 30, 2024

How much is a 1937 buffalo nickel worth today?

The 1937 buffalo nickel is a five-cent piece struck by the United States Mint from 1913 to 1938. Designed by James Earle Fraser, it features a Native American chief on the obverse and a bison on the reverse. The 1937 buffalo nickel is one of the most common date and mint mark combinations in the series, with over 900 million pieces struck. As a result, it is not particularly valuable, with most examples worth only a few dollars. However, certain varieties of the 1937 buffalo nickel can be worth significantly more. For example, the 1937-D buffalo nickel, which was struck at the Denver Mint, is worth around $20 in good condition. The 1937-S buffalo nickel, which was struck at the San Francisco Mint, is worth around $15 in good condition.

The value of a 1937 buffalo nickel depends on a number of factors, including its condition, rarity, and mint mark. The most valuable 1937 buffalo nickels are those that are in mint condition and have a low mintage. For example, a 1937 buffalo nickel that is graded MS-65 by the Professional Coin Grading Service (PCGS) can be worth over $100. However, most 1937 buffalo nickels are not in mint condition and have a higher mintage, so they are worth less.

If you have a 1937 buffalo nickel, you can determine its value by looking at its condition, rarity, and mint mark. You can also consult a coin dealer or use an online coin price guide to get an estimate of its value.

The 1937 buffalo nickel is a popular coin among collectors. It is a well-designed coin that has a long history. If you are interested in collecting coins, the 1937 buffalo nickel is a good coin to start with.

1937 buffalo nickel value today

The 1937 buffalo nickel is a popular coin among collectors. Its value is determined by a number of factors, including its condition, rarity, and mint mark. Here are 8 key aspects to consider when evaluating the value of a 1937 buffalo nickel:

Condition
Rarity
Mint mark
Year
Grade
Strike
Luster
Eye appeal

The condition of a coin is one of the most important factors in determining its value. A coin that is in mint condition is worth more than a coin that is damaged or worn. The rarity of a coin also affects its value. A coin that is rare is worth more than a coin that is common. The mint mark on a coin indicates where it was minted. Coins that were minted at certain mints are rarer than coins that were minted at other mints. The year in which a coin was minted can also affect its value. Coins that were minted in certain years are rarer than coins that were minted in other years. The grade of a coin is a measure of its condition. Coins that are graded higher are worth more than coins that are graded lower. The strike of a coin is a measure of how well it was struck. Coins that have a strong strike are worth more than coins that have a weak strike. The luster of a coin is a measure of its shine. Coins that have a lot of luster are worth more than coins that have little or no luster. Eye appeal is a subjective measure of how attractive a coin is. Coins that have good eye appeal are worth more than coins that have poor eye appeal.

1. Condition

The condition of a coin is one of the most important factors in determining its value. This is especially true for the 1937 buffalo nickel, as even minor damage can significantly reduce its worth. There are a number of factors that can affect the condition of a coin, including:

Circulation: Coins that have been in circulation for a long time are more likely to be damaged than coins that have been stored in a safe place. Circulation damage can take many forms, including scratches, dents, and wear on the coin's surfaces.
Cleaning: Coins that have been cleaned can also be damaged. Cleaning can remove the coin's original patina, which can reduce its value. In some cases, cleaning can even damage the coin's surfaces.
Environmental damage: Coins that have been exposed to the elements can also be damaged. Environmental damage can take many forms, including rust, corrosion, and toning. Toning can actually increase the value of some coins, but it can also damage the coin's surfaces if it is not properly controlled.

When evaluating the condition of a 1937 buffalo nickel, it is important to consider all of these factors. A coin that has been well-preserved will be worth more than a coin that has been damaged. If you are unsure about the condition of a coin, it is best to have it graded by a professional coin grading service.

2. Rarity

Rarity is one of the most important factors in determining the value of a coin. This is especially true for the 1937 buffalo nickel, as some varieties are much rarer than others. The rarity of a coin is determined by a number of factors, including:

Mintage: The mintage of a coin is the number of coins that were struck in a particular year at a particular mint. The lower the mintage, the rarer the coin.
Survival rate: The survival rate of a coin is the percentage of coins that have survived to the present day. The lower the survival rate, the rarer the coin.
Demand: The demand for a coin is also a factor in its rarity. Coins that are in high demand are more likely to be rare.

The 1937 buffalo nickel is a good example of how rarity can affect value. The 1937-D buffalo nickel, which was struck at the Denver Mint, is much rarer than the 1937 buffalo nickel that was struck at the Philadelphia Mint. As a result, the 1937-D buffalo nickel is worth significantly more than the 1937 buffalo nickel. Another example of a rare 1937 buffalo nickel is the 1937-S buffalo nickel, which was struck at the San Francisco Mint. The 1937-S buffalo nickel is even rarer than the 1937-D buffalo nickel, and it is worth even more.

Understanding the rarity of a coin is important for collectors. This knowledge can help collectors to make informed decisions about which coins to buy and sell. It can also help collectors to avoid buying counterfeit coins.

3. Mint mark

The mint mark on a coin is a small letter or symbol that indicates where the coin was minted. Mint marks are important for collectors because they can help to identify the rarity of a coin. This is especially true for the 1937 buffalo nickel, as some mint marks are much rarer than others.

The 1937 buffalo nickel was minted at three different mints: the Philadelphia Mint, the Denver Mint, and the San Francisco Mint. The Philadelphia Mint did not use a mint mark on its coins, so 1937 buffalo nickels that do not have a mint mark were struck in Philadelphia. The Denver Mint used the mint mark "D", and the San Francisco Mint used the mint mark "S".

The 1937-D buffalo nickel is much rarer than the 1937 buffalo nickel. This is because the Denver Mint struck fewer 1937-D buffalo nickels than the Philadelphia Mint struck 1937 buffalo nickels. The 1937-S buffalo nickel is even rarer than the 1937-D buffalo nickel. This is because the San Francisco Mint struck even fewer 1937-S buffalo nickels than the Denver Mint struck 1937-D buffalo nickels.

The mint mark on a 1937 buffalo nickel can have a significant impact on its value. For example, a 1937 buffalo nickel that is in good condition and has a "D" mint mark is worth around $20. A 1937 buffalo nickel that is in good condition and has an "S" mint mark is worth around $15. A 1937 buffalo nickel that is in good condition and does not have a mint mark is worth around $5.

Understanding the mint mark on a 1937 buffalo nickel is important for collectors. This knowledge can help collectors to identify the rarity of a coin and to determine its value.

4. Year

The year in which a 1937 buffalo nickel was minted can have a significant impact on its value. This is because the mintage of 1937 buffalo nickels varied from year to year. The following is a breakdown of the mintage of 1937 buffalo nickels by year:

1937: 902,350,000
1937-D: 3,420,000
1937-S: 1,140,000

As you can see, the 1937 buffalo nickel was minted in much greater quantities than the 1937-D and 1937-S buffalo nickels. As a result, the 1937 buffalo nickel is worth less than the 1937-D and 1937-S buffalo nickels. In general, the lower the mintage of a coin, the more valuable it is.

In addition to the mintage, the year in which a 1937 buffalo nickel was minted can also affect its value due to historical events or changes in production methods. For example, the 1937 buffalo nickel was the last year that the buffalo nickel was minted before the design was changed in 1938. As a result, the 1937 buffalo nickel is considered to be a transitional coin, and it is worth more than the 1938 buffalo nickel.

Overall, the year in which a 1937 buffalo nickel was minted is an important factor to consider when determining its value. The mintage of the coin, as well as any historical events or changes in production methods, can all affect the value of the coin.

5. Grade

The grade of a coin is a measure of its condition. It is determined by a number of factors, including the coin's strike, luster, and surface preservation. The grade of a coin is important because it can have a significant impact on its value. This is especially true for the 1937 buffalo nickel, as even a small difference in grade can result in a significant difference in value.

There are a number of different coin grading services that use their own unique grading scales. However, the most widely used grading scale is the Sheldon scale, which assigns a grade to a coin on a scale of 1 to 70. The higher the grade, the better the condition of the coin.

For the 1937 buffalo nickel, the grade can have a significant impact on its value. For example, a 1937 buffalo nickel that is graded MS-65 by the Professional Coin Grading Service (PCGS) is worth around $100. However, a 1937 buffalo nickel that is graded MS-64 by the PCGS is worth around $75. This shows that even a small difference in grade can result in a significant difference in value.

Understanding the grade of a 1937 buffalo nickel is important for collectors. This knowledge can help collectors to determine the value of a coin and to make informed decisions about which coins to buy and sell.

6. Strike

The strike of a coin is a measure of how well it was struck. It is determined by a number of factors, including the condition of the dies, the pressure applied to the dies, and the speed at which the dies struck the coin. The strike of a coin can have a significant impact on its value, especially for rare coins.

For the 1937 buffalo nickel, the strike can have a significant impact on its value. This is because the buffalo nickel was struck during a time when the United States Mint was experimenting with new coin production methods. As a result, there are a number of different strike varieties of the 1937 buffalo nickel.

One of the most common strike varieties of the 1937 buffalo nickel is the "weak strike." This variety occurs when the dies did not strike the coin with enough force. As a result, the design on the coin is not as sharp as it should be. Weak strikes are not as valuable as strong strikes.

Another common strike variety of the 1937 buffalo nickel is the "off-center strike." This variety occurs when the coin was not centered properly between the dies. As a result, the design on the coin is not centered. Off-center strikes are not as valuable as centered strikes.

The strike of a 1937 buffalo nickel is an important factor to consider when determining its value. A coin with a strong strike is worth more than a coin with a weak strike. A coin with a centered strike is worth more than a coin with an off-center strike.

Understanding the strike of a 1937 buffalo nickel is important for collectors. This knowledge can help collectors to determine the value of a coin and to make informed decisions about which coins to buy and sell.

7. Luster

Luster is a measure of a coin's shine. It is caused by the reflection of light off the coin's surface. The luster of a coin can be affected by a number of factors, including the condition of the coin's surface, the composition of the coin, and the way in which the coin was minted.

For the 1937 buffalo nickel, luster can have a significant impact on its value. This is because the buffalo nickel was minted during a time when the United States Mint was experimenting with new coin production methods. As a result, there are a number of different luster varieties of the 1937 buffalo nickel.

One of the most common luster varieties of the 1937 buffalo nickel is the "prooflike" variety. This variety occurs when the coin was struck with a special proof die. Proof dies are polished to a mirror finish, which results in a coin with a very shiny surface. Prooflike 1937 buffalo nickels are worth more than regular strike 1937 buffalo nickels.

Another common luster variety of the 1937 buffalo nickel is the "matte" variety. This variety occurs when the coin was struck with a matte die. Matte dies are not polished, which results in a coin with a dull surface. Matte 1937 buffalo nickels are worth less than regular strike 1937 buffalo nickels.

The luster of a 1937 buffalo nickel is an important factor to consider when determining its value. A coin with a strong luster is worth more than a coin with a weak luster. A coin with a prooflike luster is worth more than a coin with a regular strike luster. A coin with a matte luster is worth less than a coin with a regular strike luster.

Understanding the luster of a 1937 buffalo nickel is important for collectors. This knowledge can help collectors to determine the value of a coin and to make informed decisions about which coins to buy and sell.

8. Eye appeal

Eye appeal is a subjective measure of a coin's attractiveness. It is determined by a number of factors, including the coin's strike, luster, surface preservation, and overall appearance. Eye appeal is important for collectors because it can have a significant impact on the value of a coin. This is especially true for the 1937 buffalo nickel, as even a small difference in eye appeal can result in a significant difference in value.

There are a number of things that can affect the eye appeal of a 1937 buffalo nickel. These include:

Strike: A coin with a strong strike will have a sharper design and more detail than a coin with a weak strike. This can make a big difference in the eye appeal of the coin.
Luster: A coin with a strong luster will be more reflective and have a more brilliant appearance than a coin with a weak luster. This can also make a big difference in the eye appeal of the coin.
Surface preservation: A coin with a well-preserved surface will have fewer scratches, dings, and other blemishes than a coin with a damaged surface. This can make a big difference in the eye appeal of the coin.
Overall appearance: The overall appearance of a coin is also important for eye appeal. This includes the coin's color, toning, and patina. A coin that is pleasing to the eye will have a higher eye appeal than a coin that is not.

Eye appeal is an important factor to consider when determining the value of a 1937 buffalo nickel. A coin with a strong eye appeal is worth more than a coin with a weak eye appeal. This is because a coin with a strong eye appeal is more likely to be desired by collectors.

Understanding the importance of eye appeal is important for collectors. This knowledge can help collectors to determine the value of a coin and to make informed decisions about which coins to buy and sell.

1937 buffalo nickel value FAQs

This section answers some of the most frequently asked questions about the value of 1937 buffalo nickels. If you have any other questions, please feel free to contact a coin dealer or visit a coin forum.

Question 1: How much is a 1937 buffalo nickel worth?

The value of a 1937 buffalo nickel depends on a number of factors, including its condition, rarity, and mint mark. In general, a 1937 buffalo nickel in good condition is worth around $5. However, some varieties of the 1937 buffalo nickel can be worth significantly more. For example, a 1937-D buffalo nickel in good condition is worth around $20, and a 1937-S buffalo nickel in good condition is worth around $15.

Question 2: What is the rarest 1937 buffalo nickel?

The rarest 1937 buffalo nickel is the 1937-D buffalo nickel. This coin was minted at the Denver Mint, and only 3,420,000 were struck. As a result, the 1937-D buffalo nickel is worth significantly more than the 1937 buffalo nickel and the 1937-S buffalo nickel.

Question 3: How can I tell if my 1937 buffalo nickel is valuable?

There are a few things you can look for to determine if your 1937 buffalo nickel is valuable. First, check the condition of the coin. A coin that is in good condition is worth more than a coin that is damaged or worn. Second, check the rarity of the coin. The 1937-D buffalo nickel and the 1937-S buffalo nickel are rarer than the 1937 buffalo nickel, so they are worth more. Finally, check the mint mark on the coin. The 1937-D buffalo nickel and the 1937-S buffalo nickel have mint marks that indicate where they were minted. These mint marks can help you to determine the rarity of the coin.

Question 4: Where can I sell my 1937 buffalo nickel?

You can sell your 1937 buffalo nickel to a coin dealer, at a coin show, or online. If you sell your coin to a coin dealer, you will likely get a lower price than if you sell it at a coin show or online. However, selling your coin to a coin dealer is the easiest and most convenient option.

Question 5: How can I learn more about 1937 buffalo nickels?

There are a number of resources available to help you learn more about 1937 buffalo nickels. You can find books, articles, and websites that provide information about these coins. You can also visit a coin show or museum to see 1937 buffalo nickels in person.

Summary of key takeaways:

The value of a 1937 buffalo nickel depends on its condition, rarity, and mint mark.
The rarest 1937 buffalo nickel is the 1937-D buffalo nickel.
You can check the condition, rarity, and mint mark of your 1937 buffalo nickel to determine if it is valuable.
You can sell your 1937 buffalo nickel to a coin dealer, at a coin show, or online.
There are a number of resources available to help you learn more about 1937 buffalo nickels.

Conclusion

The 1937 buffalo nickel is a popular coin among collectors. Its value is determined by a number of factors, including its condition, rarity, and mint mark. The rarest 1937 buffalo nickel is the 1937-D buffalo nickel, which is worth around $20 in good condition. The 1937 buffalo nickel and the 1937-S buffalo nickel are worth less than the 1937-D buffalo nickel, but they are still worth a significant amount of money.

1937 buffalo nickels are a good investment for collectors. The value of these coins has been increasing steadily over the past few years, and it is likely to continue to increase in the future. If you are interested in collecting coins, the 1937 buffalo nickel is a good coin to start with.