The 2005-D ‘Speared Bison’ Nickel: A 5-Cent Coin Fetching Up to $1,265

The 2005-D ‘Speared Bison’ nickel stands as a remarkable gem in modern numismatics, captivating collectors with its unique error and significant value appreciation. Originating from the Denver Mint in 2005, this coin is a part of the Westward Journey Nickel Series, which commemorated the bicentennial of the Lewis and Clark Expedition.

Design and the Notable Error

The obverse of the 2005-D nickel features a forward-facing portrait of President Thomas Jefferson, a departure from the traditional left-facing profile. The reverse showcases a majestic American bison, paying homage to the iconic Buffalo nickels minted from 1913 to 1938.

The ‘Speared Bison’ nickname arises from a distinctive die gouge error on the reverse side. This flaw manifests as a raised line running through the bison’s back and midsection, creating the illusion of the animal being impaled by a spear. Such minting errors are rare, enhancing the coin’s desirability among collectors.

Mintage and Rarity

In 2005, the Denver Mint produced approximately 487,680,000 nickels featuring the American bison design. However, only a limited number exhibit the ‘Speared Bison’ error, contributing to their scarcity and elevated market value.

Market Value and Auction Records

The value of a 2005-D ‘Speared Bison’ nickel varies based on its condition, graded on the Mint State (MS) scale from 60 to 70. Coins in higher grades command premium prices.

Notably, a 2005-D ‘Speared Bison’ nickel graded MS66 fetched $2,650 in a 2021 eBay auction. Another specimen, also graded MS66, sold for $2,250 in 2020. These figures underscore the coin’s substantial appreciation over time.

Factors Influencing Value

Several factors contribute to the ‘Speared Bison’ nickel’s value:

  • Condition (Grade): Higher-grade coins with minimal wear are more valuable.
  • Rarity of Error: The unique die gouge error increases desirability.
  • Market Demand: Collector interest can drive prices upward.

Identifying the ‘Speared Bison’ Nickel

To determine if you possess a ‘Speared Bison’ nickel:

  1. Examine the Reverse Side: Look for a raised line running vertically through the bison’s back and midsection.
  2. Use Magnification: A magnifying glass can help detect the error more clearly.
  3. Consult Experts: Professional coin graders can provide accurate assessments.

Preservation and Care

Maintaining the coin’s condition is crucial for preserving its value:

  • Handle with Care: Use gloves to prevent oils from damaging the surface.
  • Proper Storage: Keep the coin in a protective holder to shield it from environmental factors.
FeatureDetails
Year of Issue2005
MintDenver (D)
Design SeriesWestward Journey Nickel Series
Obverse DesignForward-facing portrait of President Thomas Jefferson
Reverse DesignAmerican bison
Notable ErrorDie gouge resembling a spear through the bison
Estimated MintageApproximately 487,680,000 (with only a limited number exhibiting the error)
Highest Auction Price$2,650 for an MS66 graded coin (2021)

The 2005-D ‘Speared Bison’ nickel exemplifies how minting errors can transform ordinary coins into coveted collectibles.

Its unique design, coupled with the intriguing die gouge error, makes it a standout piece for numismatists. Whether you’re a seasoned collector or a curious enthusiast, this nickel represents a fascinating intersection of history, artistry, and rarity.

FAQs

What is the ‘Speared Bison’ error?

The ‘Speared Bison’ error refers to a die gouge on the 2005-D nickel’s reverse side, creating the appearance of a spear piercing the bison.

How can I identify a ‘Speared Bison’ nickel?

Examine the reverse side for a raised line running vertically through the bison’s back and midsection.

What factors affect the value of this coin?

The coin’s condition (grade), rarity of the error, and market demand influence its value.

How should I store a ‘Speared Bison’ nickel?

Store it in a protective holder and handle it with gloves to maintain its condition.

Where can I get my coin graded?

Professional grading services, such as PCGS and NGC, can provide accurate assessments of your coin’s condition.

3 Comments

    • Tengo una moneda de 5 centavos o níquel que tiene un indio no Se le puede ver su año y en el otro extremo tiene un bisonte pero esta al revés

    • Tengo una moneda de 5 centavos o níquel que tiene un indio no Se le puede ver su año y en el otro extremo tiene un bisonte pero esta al revés donde puedo venderla

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