Coin collecting has been a beloved hobby for decades. Among the most popular coins for people to get their hands on is the Buffalo nickel. The guide below explores its history and why it might be a fun purchase to get from a coin dealer. 

What Is a Buffalo Nickel?

A buffalo nickel is a 5-cent piece that was abundantly produced by U.S. mints from 1913 to 1938. It was made out of copper and nickel and featured an obverse engraving of a buffalo or bison. On the reverse side, it depicts a Native American person’s profile. The Buffalo nickel was the first in the U.S. to feature an animal that was not an eagle.

While this nickel is not rare—millions were minted—it is sought after by numismatists because it is a solid piece of American history. In the early 20th century, these common nickels were used to cover a number of products and services, such as a movie ticket or a shoeshine. 

How Can You Build a Collection?

Since Buffalo nickels were so common, you can find these coins with a wide variety of dates and mint locations. Therefore, if you are not sure where to start building your collection, you might want to zero in on specific years or locations that intrigue you.

While most Buffalo nickels are worth around 25 to 30 cents, some in excellent condition can go for more impressive price points. Consider seeking out a reputable dealer that can help you avoid counterfeits and get a proper appraisal. From there, the specific details and overall condition of the coin may inform your decision to add it to your collection.
 

If you have additional questions about the Buffalo nickel, reach out to the trusted coin dealers at Coins Plus. This Cincinnati, OH, company caters to buyers and sellers alike, helping them locate the coins they want to add to their collection or make a fair deal for the ones they already have. They are the city’s only "National Award Winning and PNG Dealer," and they have been going strong since 1972. To learn more about their services, visit them online, or call (513) 621-1996 to speak with a coin dealer yourself.