Buffalo nickels, also known as Indian Head nickels, are fascinating coins that attract many collectors around the world. Among these, the 1936 and 1937 Buffalo nickels stand out because they are common but still have collectible value. These coins offer a great way for new collectors and enthusiasts in India to start their numismatic journey without spending a fortune.
Even though these nickels were minted nearly a century ago, they remain popular due to their unique design and historical significance. Understanding why these particular years are common yet collectible can help you appreciate the story behind each coin and how to spot one that is valuable or rare.
What Makes Buffalo Nickels Special?
This Article Includes
- 1 What Makes Buffalo Nickels Special?
- 2 Why Are 1936 and 1937 Buffalo Nickels Common?
- 3 Important Features to Look For in 1936 and 1937 Buffalo Nickels
- 4 Common Variations and Errors to Watch Out For
- 5 How to Start Collecting Buffalo Nickels in India
- 6 The Value of 1936 and 1937 Buffalo Nickels Today
- 7 Final Thoughts on Collecting 1936 and 1937 Buffalo Nickels
Buffalo nickels were produced by the United States Mint from 1913 to 1938. They feature a Native American on the front and a buffalo, also called a bison, on the back. This design is different from the usual coins, which often show presidents or famous leaders. The artwork was created by sculptor James Earle Fraser, and it is still admired by collectors today.
The design tells a story of America’s past, especially about Native American culture and wildlife. For Indian collectors, this mix of history and culture makes Buffalo nickels a great coin to learn about and collect.
Why Are 1936 and 1937 Buffalo Nickels Common?
Both 1936 and 1937 saw large numbers of Buffalo nickels being minted, which makes these years pretty common in most coin collections. The US Mint produced millions of these coins to meet daily currency needs, so you are likely to find them in many places, including old coin collections or even loose change.
Because of their common nature, these coins are generally affordable. They are an excellent starting point for those new to coin collecting in India, allowing collectors to enjoy the hobby without investing a lot of money. Despite being common, they still carry value for collectors who want classic American coin designs.
Important Features to Look For in 1936 and 1937 Buffalo Nickels
If you want to collect 1936 or 1937 Buffalo nickels, it’s important to know what to look for. The front side, called the obverse, shows the profile of a Native American man, and the back, or reverse, shows the buffalo standing on a mound. Check the coin’s date, which is on the front side near the base of the neck.
Also, pay attention to the condition of the coin. Coins in better condition with clear details are more valuable. Look for sharp features like the feathers on the Native American’s head and the fur on the buffalo. Even though most coins are common, those in uncirculated or near-mint condition can be rare and more expensive.
Common Variations and Errors to Watch Out For
Among the 1936 and 1937 Buffalo nickels, there are some variations and errors that can make a coin more interesting and valuable. For example, some coins might have doubled dates or mint marks, which is a kind of minting error. Coins from the Denver mint have a small “D” mark and those from San Francisco have an “S” mark.
Additionally, 1937 nickel has a famous ‘three-legged buffalo’ error caused by over-polishing the dies during manufacturing. This error removes one of the buffalo’s legs and is highly sought after by collectors. Finding such an error coin can be exciting and might bring a higher price for collectors, including those in India.
How to Start Collecting Buffalo Nickels in India
Collecting Buffalo nickels in India is easier than many think. Start by visiting local coin shops or online marketplaces where coins are sold. You can find common 1936 and 1937 nickels for a reasonable price. It’s important to buy from trusted dealers to avoid counterfeit coins.
Join coin collector groups or online forums to learn more about Buffalo nickels and share experiences with other collectors. This will help you build your knowledge and find good deals. Remember, collecting is a hobby that rewards patience and passion.
The Value of 1936 and 1937 Buffalo Nickels Today
The value of these Buffalo nickels depends on their condition, rarity, and any special features like errors. Common coins in circulated condition may only be worth a few dollars. However, coins in better condition, especially those without wear or errors, can fetch higher prices.
For Indian collectors, investing in these nickels is not only about profit but about owning a piece of American history. Over time, with more research and care, some coins might increase in value, making them both a sentimental and financial asset.
Final Thoughts on Collecting 1936 and 1937 Buffalo Nickels
1936 and 1937 Buffalo nickels are a great introduction to coin collecting due to their common availability and historical charm. They offer an excellent opportunity for beginners in India to enjoy the hobby without a big budget. Learning to spot key features and errors can make the collecting experience even more rewarding.
Whether you want to collect for fun, history, or future investment, these Buffalo nickels hold a special place in the coin collecting world. Start your collection today and discover the stories each coin tells.
