1916-S 5C Buffalo Nickel
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The 1916-S Buffalo Nickel is a captivating coin that holds a significant place in numismatic history. Minted in San Francisco, this particular nickel is a part of the larger series of Buffalo Nickels minted from 1913 to 1938, designed by the talented sculptor James Earle Fraser. The Buffalo Nickel series is revered for its distinctive and iconic design, featuring the profile of a Native American chief on the obverse and an American Bison on the reverse.
These coins capture the spirit and aesthetic of early 20th-century America. The 1916-S issues are rare and desirable for collectors. The San Francisco Mint struck a total of 11,336,000 nickels in 1916. While this mintage may seem substantial, the coin's survival rate in high grades is relatively low. Many of these coins have succumbed to the effects of circulation, resulting in a scarcity of well-preserved examples. This rarity significantly contributes to the 1916-S nickel's allure and value. In terms of value, the condition of the coin is paramount. The Professional Coin Grading Service (PCGS) grades coins on a scale from 1 to 70. The PCGS CoinFacts database assigns the number 3937 to the 1916-S Buffalo Nickel.
Higher-grade coins, such as those in Mint State (MS) conditions, can achieve impressive prices in the marketplace. For instance, auction histories have witnessed MS65 and MS66 examples reaching into the several thousands of dollars, with some particularly high-grade specimens fetching five figures. Historically, the 1916-S Buffalo Nickel represents a period of artistic innovation and cultural reflection in American coinage. James Earle Fraser's design continues to be celebrated for its embodiment of the American frontier spirit and the dignity of Native American heritage. The meticulous attention to detail in the facial features of the native figure and the powerful depiction of the bison resonate with collectors and historians alike, offering a glimpse into the past.
The allure of the 1916-S Buffalo Nickel is further magnified by its status as a collectible of interest to a wide range of numismatists, from casual collectors to serious investors. Auction records from platforms like ha.com, known for their comprehensive coin sales, highlight the 1916-S nickel’s consistent demand and performance in the auction scene. Collectors often seek this piece not just for its rarity but also for the story and artistry it represents, as well as the historical context of its production during the early 20th century. Thus, every 1916-S Buffalo Nickel encapsulates a chapter of history, art, and cultural significance, making it a treasured addition to any numismatic collection. Its enduring legacy and market demand affirm its status as a coveted classic among American coinage.