The 1920-S Buffalo Nickel is one of the most sought-after coins in American numismatic history. Known for its low mintage and unique design, this coin has captured the attention of collectors and investors alike.
With its rarity and historical significance, the 1920-S Buffalo Nickel is a cornerstone for any serious collection.
Here’s an in-depth look at its value, features, and why it continues to hold a special place in coin collecting.
Overview of the 1920-S Buffalo Nickel
Historical Context
The Buffalo Nickel, also known as the Indian Head Nickel, was minted from 1913 to 1938. Designed by sculptor James Earle Fraser, it features a Native American profile on the obverse and an American bison on the reverse.
The 1920-S coin, minted in San Francisco, stands out due to its low mintage and historical significance.
Low Mintage Numbers
With only 9,418,000 coins minted, the 1920-S Buffalo Nickel is a key date for collectors. Its scarcity increases its value, especially in higher grades, as many of these coins were heavily circulated.
Key Features of the 1920-S Buffalo Nickel
| Feature | Description |
|---|---|
| Year of Issue | 1920 |
| Mint Mark | “S” (San Francisco Mint) |
| Composition | 75% copper, 25% nickel |
| Diameter | 21.2 mm |
| Weight | 5 grams |
| Obverse Design | Profile of a Native American |
| Reverse Design | American bison, also known as a buffalo |
The coin’s design reflects a period in American history that celebrated its Native American heritage and wildlife.
Value of the 1920-S Buffalo Nickel
The value of the 1920-S Buffalo Nickel depends on its condition. Here’s a breakdown of its estimated value across different grades:
| Grade | Estimated Value |
|---|---|
| Good (G-4) | $75 to $100 |
| Fine (F-12) | $200 to $300 |
| Extremely Fine (EF-40) | $750 to $1,000 |
| Mint State (MS-63) | $4,000 to $8,000 |
| Mint State (MS-65) | Over $12,000 |
The coin’s value can skyrocket in pristine condition or with unique characteristics like die errors.
Factors Contributing to Its High Value
- Rarity
The limited mintage makes this coin hard to find, especially in uncirculated grades. - Historical Significance
Minted during a time of economic transition in the U.S., the 1920-S Buffalo Nickel represents a snapshot of American history. - Condition
Most of these nickels were heavily circulated, so coins in better condition are exceedingly rare and command a premium price. - Collector Demand
As a key date in the Buffalo Nickel series, it is highly sought after by numismatists.
Tips for Collectors
- Authentication: Ensure the coin is graded by a reputable service like PCGS or NGC.
- Storage: Store in a protective case to prevent damage and preserve value.
- Research: Familiarize yourself with market trends to buy or sell at the right time.
The 1920-S Buffalo Nickel is a testament to the artistry and history of early 20th-century American coinage. Its rarity, unique design, and connection to U.S. heritage make it a prized possession for collectors.
Whether you’re a seasoned numismatist or a budding enthusiast, adding this coin to your collection is a rewarding investment both financially and historically.
Keep an eye on market trends, and you might just uncover a piece of history that continues to captivate collectors worldwide.
Why is the 1920-S Buffalo Nickel so valuable?
Its low mintage, historical significance, and high demand among collectors contribute to its high value.
What should I look for when buying a 1920-S Buffalo Nickel?
Check for clear details, especially on the bison’s tail and the Native American’s features, as these areas often wear quickly.
Can I still find a 1920-S Buffalo Nickel in circulation?
It’s extremely unlikely due to its age and rarity, but private collections and auctions are the best places to find one.
