A coin collector must know the date to determine its value and see if it is a rare nickel or not. Undated Buffalo nickels are worth about ten cents each, but only because people use them for jewelry, shirt buttons, and a variety of other uses.
What was the denomination of the first Buffalo nickel?
The first Buffalo Nickels produced by The United States Mint in 1913 featured the denomination of FIVE CENTS on a raised mound of dirt below the buffalo on the reverse of the coin. This design flaw caused the denomination to where off of the coin prematurely. Approximately halfway through 1913,…
What is the value of a nickel coin?
The nickel is one of the most valuable coins minted in terms of its actual intrinsic metal value. At the time this article was written the coin is worth.07 or.08 each. Because of this there is a melt ban in place on nickels to prevent people from buying thousands of dollars worth of these coins, and melting them down for a hefty profit.
How much is a Liberty Head nickel worth?
Today, these nickels are worth millions of dollars whenever one of them comes to auction. However, they are also highly counterfeited. The following Liberty Head “V” nickels in any condition, are worth considerably more than common dates.
