Hello readers welcome to the new post. Here we will learn 1936 Buffalo Nickel Value – Discover Your Buffalo Nickel Worth.Few coins in the world of numismatics are as captivating and significant historically as the Buffalo Nickel. These famous coins, which were produced from 1913 through 1938, bear witness to the lengthy development of American currency. The 1936 Buffalo Nickel stands out among them as a particularly intriguing item. The 1936 Buffalo Nickel will be examined in-depth in this post as we discuss its history, design, and, most importantly, its worth. Let’s get started with 1936 Buffalo Nickel Value
History of the Buffalo Nickel
Introduction to Buffalo Nickels
The Buffalo Nickel, also called the Indian Head Nickel, was used in 1913. It was moving from the elderly-used Liberty Head design, having Native American on the front side and a buffalo on the backside
The Year 1936
The year 1936 marked an important period in American history. The nation was still recovering from the Great Depression, and the Buffalo Nickel continued to be a symbol of resilience and strength.
Minting of Buffalo Nickels
Understanding the minting process is important to finding the value of a 1936 Buffalo Nickel. We’ll explain the mints that made these coins and their respective mintmarks.
Design and Variations
The Intricate Design
One of the most important parameters of the Buffalo Nickel is its detailed design. We’ll discuss James Earle Fraser, the designer behind this coin, and the symbolism imbued in the coin.
Key Variations
Not all 1936 Buffalo Nickels are made equal. We’ll highlight main variations, like the three-legged buffalo and the doubled die error, that can significantly impact a coin’s worth.
Determining the Value
Grading and Condition
The condition of a Buffalo Nickel plays a main role in determining its value.
Rarity and Demand
Scarce dates and high need among collectors can drive up the value of a 1936 Buffalo Nickel.
Grading the 1936 Buffalo Nickel
The 1936 Buffalo Nickel is a common coin, but it can be valuable in uncirculated conditions. The grading scale for Buffalo Nickels is from 1 to 70, with higher grades providing good condition and greater value.
To grade a 1936 Buffalo Nickel, you will need to look at the following parameters
- Strike: The strike is the quality of the impression of the design on the coin. A good strike will have all of the data of the design clearly defined.
- Luster: Luster is the shiny, metallic surface of the coin. A coin with full luster will have a bright, mirror-like finish.
- Surface: The surface of the coin must be free of scratches, nicks, and other blemishes.
- Toning: Toning is the natural coloration of the coin. Some collectors give importance to coins with natural toning, while others prefer coins with untoned surfaces.
When you have considered all of these points, we can assign a grade to the coin. Here are some examples of grades for 1936 Buffalo Nickels:
- Uncirculated (MS-60): A coin in this grade has no wear and has full strike and luster.
- Extremely Fine (EF-40): A coin in this grade has minor wear on the high points of the design, but still has complete luster.
- Good (G-4): A coin in this grade has important wear, but the design is still mostly recognizable.
The value of a 1936 Buffalo Nickel will based on its grade. An uncirculated coin in perfect condition can be worth several hundred dollars. A circulated coin in good condition is worth only a few dollars.
Pricing the 1936 Buffalo Nickel
The cost of a 1936 Buffalo Nickel will be based on its grade, mint mark, and condition.
- Grade: The grade is the most important affecting the cost of a coin. An uncirculated coin in perfect condition can be worth several hundred dollars, while a circulated coin in good condition is worth only a few dollars.
- Mint mark: The mint mark is the letter that exists on the front of the coin, below the date. The mint mark indicates where the coin was minted. Coins minted in Philadelphia do not have a mint mark.
- Condition: The condition of the coin is also the best factor. Coins with scratches, nicks, and other blemishes will be worth less than coins in pristine condition.
Here are some costs for 1936 Buffalo Nickels in different grades:
- Uncirculated (MS-60): $20 – $100
- Extremely Fine (EF-40): $5 – $20
- Good (G-4): $1 – $5
If 1936 Buffalo Nickel is in uncirculated condition, we can get it graded by a professional grading service. it will help to determine its true value and protect our expenses
Here are some of the most popular grading services:
- PCGS: Professional Coin Grading Service
- NGC: Numismatic Guaranty Corporation
- ANACS: American Numismatic Association Certification Service
What Is A Nickel 1936 Coin?
The 1936 Buffalo Nickel is a coin minted in the United States from 1913 to 1938. It features a portrait of a Native American chief on the front and a buffalo on the back aide. The coin was made by James Earle Fraser and was the first US coin to feature an Indian on it.
The 1936 Buffalo Nickel is a common coin, but it can still be valuable in uncirculated conditions. The cost of the coin will be based on its grade, mint mark, and condition.
- Grade: The grade is the good factor affecting the price of a coin. An uncirculated coin in good condition can be worth several hundred dollars, while a circulated coin in good condition is worth only some dollars.
- Mint mark: The mint mark is the letter that exists on the obverse of the coin, below the date. The mint mark shows where the coin was minted. Coins minted in Philadelphia do not have a mint mark.
- Condition: Coins with scratches, nicks, and other blemishes will be worth less than coins in pristine condition.
Nickel 1936 Coin Metal Composition
The 1936 nickel was created with cupronickel, an alloy of copper and nickel. The composition is 75% copper and 25% nickel. This has been the composition of all US nickels minted since 1866, with the exception of the “War Nickels” minted from 1942 to 1945, which were created with 56% copper, 35% silver, and 9% manganese.
The 1936 nickel has a diameter of 21.21 mm (0.835 in) and a thickness of 1.95 mm (0.077 in). It weighs is about 5.00 grams (0.18 oz).
The 1936 nickel was made by James Earle Fraser and features a Native American on the obverse and a bison on the back. It was minted at the Philadelphia, Denver, and San Francisco mints. The Philadelphia mint mark is removed from the coin, while the Denver mint mark is a “D” and the San Francisco mint mark is an “S”.
The 1936 nickel is a famous coin among collectors. In uncirculated condition, it can be worth several dollars
$690 1936 Buffalo Nickel Value
A 1936 Buffalo nickel in uncirculated condition with a grade of MS 65 can be valued at about $690. Since 1936 Buffalo nickel has been a relatively rare coin, with only about 119 million minted. With that, the coin is in good condition, with no significant wear or damage.
However, the actual value of a 1936 Buffalo nickel will be based coin’s condition, grade, and rarity. For example, a coin with a lower grade or that has been damaged will be worth less than a coin in mint condition. Also, coins with certain errors or varieties can be worth more than a regular coin.
If you have a 1936 Buffalo nickel, it is good to have it graded by a professional coin grader. It helps to determine the coin’s value and whether it is worth selling.
Grade Accurately To Find the Highest 1936 Nickel Value
Yes, grading 1936 nickel accurately is good for finding its highest value. The grade of a coin is a measure of its condition and is found by a professional coin grader. Coins with high grades are worth more than coins with lower grades.
Here are the steps on how to grade a 1936 nickel accurately:
- Look for signs of wear. The most important parameter in grading a coin is the amount of wear it has. Coins that have been circulated will have more wear than coins that have not been circulated. Check signs of wear on the coin’s surfaces, like scratches, dents, and rim wear.
- Examine the coin’s luster. Luster is the shiny, metallic surface of a coin. Coins that have been in good condition will have more luster than coins that have been damaged. See luster on the coin’s surfaces, especially on the buffalo’s head and the rim.
- Check for any defects. Coins with defects, like holes or scratches, will be worth less than coins without defects. Find defects on the coin’s surfaces.
- Compare the coin to other coins of the same grade. The best method to determine the grade of your coin is to compare it to other coins of the same grade. We can find other coins of the same grade by looking at coin catalogs or by visiting a coin dealer.
When we have graded your coin, you can use a coin value guide to determine its value. Coin value guides list the values of coins based on their grade.
some of the most common grades for coins:
- Uncirculated (MS): Coins in uncirculated condition have no symbol of wear and have their original luster.
- Very Fine (VF): Coins in good condition have some light wear, but they still have most of their original luster.
- Fine (F): In fine condition have moderate wear, but they still have most of their original design.
- Good (G): good condition has significant wear, but they are still recognizable.
- Fair (F): fair conditions have severe wear and can be difficult to identify.
Why Was The 1936 Nickel Coin Minted?
The 1936 Buffalo nickel was made as part of the regular coinage program of the United States Mint. The Buffalo nickel was made by James Earle Fraser and was first minted in 1913. It was the 3rd official design for the nickel, following the Shield nickel (1866-1883) and the Liberty Head nickel (1883-1912).
The Buffalo nickel was minted until 1938 when it was replaced by the Jefferson nickel. The 1936 Buffalo nickel was minted in three different mints: Philadelphia, Denver, and San Francisco. The mint mark exists on the back of the coin, under the buffalo.
The total mintage for the 1936 Buffalo nickel was 119,997,000 coins. It is a relatively high mintage for a Buffalo nickel, but it is still considered to be a scarce coin. The cause for the high mintage is that the Great Depression was still going on in 1936, and relatively some people could afford to save or collect uncirculated coins.
The 1936 Buffalo nickel is a famous coin among collectors. It is valued for its historical significance and its beautiful design. The coin can be worth anywhere from a few dollars to several hundred dollars, based on its condition and rarity.
Features Of 1936 Nickel Coin
Here are the main features of the 1936 Buffalo Nickel:
- Obverse: Portrait of a Native American chief facing right. The word “LIBERTY” is written above the portrait, and the year “1936” is mentioned below.
- Reverse: Bison standing facing left. The words “UNITED STATES OF AMERICA” are mentioned above the bison, and the denomination “FIVE CENTS” is below.
- Mint mark: The mint mark exists on the obverse, below the portrait. “D” shows that the coin was minted in Denver, “S” indicates that the coin was made in San Francisco, and no mint mark indicates that the coin was minted in Philadelphia.
Factors That Influence The Value Of 1936-Nickel Coin
- Condition: Uncirculated coins in mint condition are worth the most, while heavily circulated coins are worth the least.
- Mint mark: Coins made in San Francisco are generally worth more than coins minted in Philadelphia or Denver.
- Type: There are 2 types of 1936 Buffalo nickels: the Type I and the Type II. The Type I has a large “V” in the word “Liberty” on the front, while the Type II has a small “v”. The Type II is more common and is worth less than the Type I.
- Rarity: Coins that are rare or have historical importance are worth more than more common coins.
- Demand: The need for coins also affects their value. If there is high demand for a particular coin, its value will be higher.
values for 1936 Buffalo nickels in different conditions:
| Condition | Estimated Value |
|---|---|
| Uncirculated (MS+) | $28 to $57 or more |
| Uncirculated (MS60) | $18 to $35 |
| Uncirculated (MS50) | $10 to $20 |
| Circulated (XF40) | $2 to $5 |
| Circulated (VG80) | $1 to $2 |
| Circulated (F12) | $0.50 to $1 |
Faqs
- What makes a 1936 buffalo nickel rare?
There are some factors that can make a 1936 buffalo nickel rare:
The mint mark. The 1936 buffalo nickel was minted at 3different mints: Philadelphia, Denver, and San Francisco. The coins minted in Philadelphia do not have a mint mark, while the coins minted in Denver comes with “D” mint mark, and the coins minted in San Francisco have an “S” mint mark. The 1936 buffalo nickels with a San Francisco mint mark are the rarest.
* condition. The condition of a coin is an important factor that finds its value. A 1936 buffalo nickel in the uncirculated condition is more valuable than a coin that has been circulated and damaged.
* Any errors or varieties. There are some rare errors and varieties of the 1936 buffalo nickel, such as the “3½ Leg” error and the “Lamination Error”. These coins are worth significantly more than ordinary 1936 buffalo nickels.
- What buffalo nickel is worth the most?
The most valuable 1936 buffalo nickel is the 1936-S “3½ Leg” error coin. This coin value is more than $10,000 in uncirculated condition. Other rare 1936 buffalo nickels, like the 1936-D “Lamination Error” and the 1936-S “Double Die Obverse”, are also worth several hundred dollars.
- How do I know if my buffalo nickel is valuable?
There are a few things you can look for to find if your buffalo nickel is valuable:
mint mark. If a coin has a San Francisco mint mark, it is more valuable than a coin without a mint mark or a coin with a Denver mint mark.
The condition. The condition of the coin is the main factor that determines its value. A coin in uncirculated condition is more valuable than a coin that has been circulated and damaged.
* Any errors or varieties. If a coin has any errors or varieties, it is more valuable than an ordinary coin.
- Which buffalo nickel is rare?
The rarest buffalo nickel is the 1936-S “3½ Leg” error coin. its value is $10,000 in uncirculated condition. Other rare 1936 buffalo nickels, like the 1936-D “Lamination Error” and the 1936-S “Double Die Obverse”, are also worth several hundred dollars.
- Is the buffalo nickel real gold?
No, the buffalo nickel is not real gold. It is created 75% copper and 25% nickel.
- Is a buffalo nickel lucky?
There is no scientific evidence to support the claim that buffalo nickels are lucky. However, different people believe that they are lucky charms.
- What’s the luckiest coin?
There is no one “luckiest” coin. Some people believe that certain coins, like the penny or the quarter, are lucky, while others believe that any coin can be lucky if you believe in it.
- Is Buffalo Nickel real silver?
No, Buffalo Nickels are not real silver. They are created with 75% copper and 25% nickel.
- What are nickels good for?
Nickels are used as legal tender in the United States. They can be used to buy goods and services, and they can also be exchanged for other coins or currency. Nickels are also used in vending machines and other coin-operated devices.
