The Indian Head Nickel was minted from 1913 to 1938, most commonly known by collectors and the general public as the Buffalo Nickel. We’ll learn more about these coins, especially the Buffalo Nickel from 1936.
The famous Indian Head on the obverse and American Bison on the reverse have been considered one of the most stunning circulating coins. Sculptor James Earle Fraser was the prototype of the Buffalo Nickel’s obverse and reverse.
Fraser had been an assistant to the renowned engraver, Augustus Saint-Gaudens, before being commissioned to create the design for the Buffalo Nickel. This collaboration has led the US mint to pick the preliminary designs for Fraser to be used to develop the next nickel for America. Fraser’s final illustration featured a Native American bust wearing a traditional right-facing headdress, with the word “LIBERTY” on the front.
On the reverse is an image of the American Bison standing on a hill above the “UNITED STATES OF AMERICA” and “FIVE CENTS.” After discovering that the mountain on which the bison was standing was rapidly in traffic, Fraser modified the design halfway through 1913, eliminating the hill. Every Buffalo Nickel consists of 75% copper and 25% nickel and weighs 5.00 grams. The coin’s diameter is 21.2 mm, and it has no dependence on the rim, such as modern-day dimes or quarters.
History overview of 1936 buffalo nickel value
For Buffalo Nickel, the year 1936 was a huge year. Nearly 119 million examples have been minted, making the Buffalo Nickel of 1936 the most minted year in the series. At the US Mint in Philadelphia, 119 million pieces have been created. The limited life cycle in circulation was one issue that persisted across the entire series. This was due to the complexity of the high design and the extensive and broad use of the coins in circulation. Buffalo nickel from 1936 is no exception to this issue, which results in most examples having an average to a less than average state.
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This doesn’t mean all the coins have endured the fate of being worn down. A number of 1936 Buffalo Nickels are still in Uncirculated form. Most of these coins have been stored at banks or companies and have never been issued into circulation. Even cheaper than high-grade examples from the mid to early 1920s, these high-grade examples of the 1936 Buffalo Nickels are.
1936 buffalo nickel grading
Knowing which grade to allocate to your Buffalo Nickel of 1936 will help you assess its worth. Because there are a wide variety of circumstances under which Buffalo Nickels can be found under 1936, several different grades can be given. The most common categories for determining a buffalo nickel value are good, fine, uncirculated, extra fine, and gem uncirculated.