The 1917-S Buffalo Nickel is a highly sought-after coin, and it might just be hiding in your collection or even tucked away in a drawer.
With its low mintage, rich history, and growing appeal among collectors, this coin could be worth a significant amount.
In this article, we will explore the details of this rare coin, how to identify it, and its potential value.
What is the 1917-S Buffalo Nickel?
The 1917-S Buffalo Nickel is a part of the iconic Buffalo Nickel series, first minted in 1913. Designed by James Earle Fraser, the coin features a Native American on the obverse and a buffalo on the reverse, symbolizing the American West.
The “S” mintmark indicates that the coin was minted at the San Francisco Mint in 1917. With a mintage of only 4.19 million coins, it is considered one of the rarer coins in the series.
Key Features:
- Obverse: Native American profile with feathers in the headdress.
- Reverse: A buffalo standing on a mound with the inscription “FIVE CENTS”.
Why is the 1917-S Buffalo Nickel Valuable?
The value of the 1917-S Buffalo Nickel is determined by several factors:
- Low Mintage: Only 4.19 million coins were minted, making this coin scarce compared to other years in the series.
- Condition and Grade: Coins in higher grades command significantly more money. The coin grading system ranges from Poor (P-1) to Mint State (MS-70), with uncirculated coins being the most valuable.
- Mint Errors and Varieties: Minting errors, such as the Two Feathers variety (where part of the third feather is missing), can dramatically increase a coin’s value.
How Much is the 1917-S Buffalo Nickel Worth?
The value of a 1917-S Buffalo Nickel varies greatly depending on its condition and rarity. Here is a breakdown of estimated values based on the coin’s grade:
| Condition/Grade | Estimated Value (USD) |
|---|---|
| Good (G-4) | $12.50 – $50 |
| Very Fine (VF-20) | $150 – $300 |
| Extremely Fine (EF-40) | $400 – $675 |
| Uncirculated (MS-60+) | $5,000 – $90,000 |
For example, a 1917-S Buffalo Nickel graded MS-67 sold for $90,000 at auction in 2023, proving that high-grade specimens can fetch extraordinary prices.
How to Identify a 1917-S Buffalo Nickel
Identifying the 1917-S Buffalo Nickel is relatively easy once you know what to look for:
- Date and Mintmark:
- The date “1917” is located on the obverse side, just below the Native American’s neck.
- The “S” mintmark is located on the reverse side, directly beneath “FIVE CENTS”.
- Design Features:
- Obverse: A detailed Native American profile with distinct feathers.
- Reverse: A buffalo standing on a mound with the denomination “FIVE CENTS.”
- Key Variety: The Two Feathers variety is highly collectible. Look for a missing feather on the reverse side due to a minting error.
How to Preserve and Store Your 1917-S Buffalo Nickel
To maintain the value of your 1917-S Buffalo Nickel, it is important to store it properly:
- Avoid Cleaning the Coin: Cleaning a coin can cause damage and reduce its value. Always leave coins in their natural state.
- Proper Storage: Use coin holders or acid-free holders to protect your coin from environmental damage. Store your coin in a cool, dry place away from sunlight.
- Handle with Care: Always handle the coin by its edges to avoid damaging the surface with oils from your fingers.
Where to Sell Your 1917-S Buffalo Nickel
If you think you have a 1917-S Buffalo Nickel, you might want to sell it. Consider these options:
- Professional Coin Dealers: Look for reputable dealers affiliated with the Professional Numismatists Guild (PNG) or American Numismatic Association (ANA).
- Auction Houses: Auction houses like Heritage Auctions and Stack’s Bowers specialize in rare coins.
- Online Marketplaces: Websites like eBay and GreatCollections are great for reaching a wide audience. Be sure to research thoroughly to ensure fair pricing.
The 1917-S Buffalo Nickel is not only a piece of American history but also a potentially valuable asset for collectors.
With its low mintage, unique design, and possible minting errors, this coin can fetch thousands of dollars depending on its condition.
Whether you found it in an old coin jar or inherited it, taking the time to properly identify, preserve, and evaluate your 1917-S Buffalo Nickel could lead to a lucrative discovery.
FAQs
How can I tell if I have a 1917-S Buffalo Nickel?
Look for the date “1917” on the obverse and the “S” mintmark on the reverse beneath “FIVE CENTS.”
What is the value of a 1917-S Buffalo Nickel in poor condition?
In poor condition (G-4), a 1917-S Buffalo Nickel could be worth between $12.50 and $50.
Can I sell my 1917-S Buffalo Nickel online?
Yes, you can sell it on reputable online platforms such as eBay or GreatCollections after ensuring fair pricing.