The Buffalo Nickel, also called the Indian Head Nickel, is one of the most admired coins in American history. Designed by James Earle Fraser, it captures the rugged spirit of early America with incredible detail and powerful symbolism.
Among all the versions of this iconic coin, the 1913-D Type 1 Buffalo Nickel (PCGS #3982) stands out for both its beauty and its value.
Even though over 17 million of these coins were minted in Denver, a top-quality specimen once sold for a whopping $99,875. Let’s look into why this coin holds such legendary status among collectors.
Specs
Here’s a quick look at the coin’s key specifications:
| Feature | Details |
|---|---|
| Diameter | 21.20 mm |
| Weight | 5.00 grams |
| Composition | 75% Copper, 25% Nickel |
| Edge | Plain |
| Mint | Denver (D mintmark) |
| Mintage Total | 17,826,000 (in 1913) |
This sturdy alloy and practical design made it ideal for circulation—but also tough to preserve in mint condition.
Design
James Earle Fraser’s design is widely regarded as one of the best in U.S. coinage. The front (obverse) features a strong, lifelike profile of a Native American, which Fraser said was a composite of three chiefs. It’s detailed, expressive, and unlike anything that had come before it.
The back (reverse) shows a mighty American bison standing on a raised mound, earning it the nickname “Type 1.” It honors America’s wild past and pays homage to Native culture and the frontier life.
Rarity
Yes, over 17 million were made—but very few have survived in perfect condition. That’s where rarity comes in. Most coins were heavily circulated, leading to wear and fading details. When collectors find a 1913-D Type 1 Buffalo Nickel in top grade, they’re willing to pay big.
For example, PCGS graded one high-quality specimen of this coin and it sold for $99,875 at auction. That’s not just for its age, but its exceptional condition and clear detail.
Appeal
What makes collectors chase this coin?
- Historical significance: First-year issue of a legendary design.
- Mint mark rarity: Denver “D” versions from 1913 are sought-after.
- Stunning detail: A well-preserved strike has unmatched beauty.
- Investment value: Rare coins often increase in worth over time.
For collectors, this coin is more than money—it’s a time capsule from a bold and gritty era in U.S. history.
Denver
The Denver Mint produced millions of Buffalo Nickels, but its role in the 1913 release makes it especially noteworthy. Look for the small “D” under the words “FIVE CENTS” on the reverse of the coin. That tiny mintmark can mean the difference between a common piece and a valuable collectible.
Dealers
Interested in finding or selling a Buffalo Nickel? You can check with state-wise rare coin dealers:
- Arkansas Coin Dealers
- Alaska Coin Dealers
- Arizona Coin Dealers
Or visit reputable coin shops near you to have your coin graded and valued properly.
The 1913-D Buffalo Nickel is more than just a five-cent piece. It’s a symbol of American heritage, an artwork struck in metal, and a prized gem in the world of numismatics.
Whether you’re a seasoned collector or just curious, keep an eye out—you never know when one of these small treasures might cross your path.
FAQs
What is the 1913-D Buffalo Nickel worth?
Top specimens have sold for up to $99,875.
What does PCGS #3982 mean?
It’s the catalog number for the 1913-D Type 1 Buffalo Nickel.
Where is the mintmark on the Buffalo Nickel?
Under the ‘FIVE CENTS’ on the reverse side.
Who designed the Buffalo Nickel?
James Earle Fraser designed it in 1913.
Why is the coin so valuable?
Its rarity, condition, and historical design raise its value.
