1928-D 5C Buffalo Nickel
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The 1928-D 5C Buffalo Nickel holds a notable position among collectors due to its rarity and historical significance. Minted at the Denver Mint, this coin is part of the Buffalo Nickel series, which ran from 1913 to 1938. The Denver Mint produced a total of 6,436,000 of these nickels in 1928, a modest quantity that adds to its desirability among numismatists. The Buffalo Nickel series is celebrated for its iconic design by sculptor James Earle Fraser.
The 1928-D boasts the classic profile of a Native American chief on the obverse and an American bison on the reverse. Over the years, this design has become a symbol of the era, reflecting the artistic and cultural sensibilities of the early 20th century. The 1928-D is recognized for its uneven strike quality, a common issue with Buffalo Nickels from the Denver Mint. Many examples exhibit weak details, especially on the bison's shoulder and horn. Despite the high mintage figure for a date within the series, higher grade specimens can be particularly elusive, making this coin highly sought after by collectors focusing on quality. From a numismatist's perspective, the 1928-D Buffalo Nickel is an intriguing piece due to its historical context. The late 1920s were a period leading up to the Great Depression, a time of significant economic and cultural transition in the United States.
Coins from this period can reflect the uncertainties and challenges of the times, adding layers of historical interest for enthusiasts. The coin's value varies significantly based on its condition. Circulated pieces in lower grades may sell for modest amounts, while those in higher grades command premium prices. For instance, a 1928-D in Mint State (MS) 65 can fetch substantial sums. Sales records, such as those from specialized numismatic marketplaces, indicate that prices can reach several thousand dollars for top-grade examples.
According to PCGS Coin Facts, the 1928-D Buffalo Nickel is indexed as PCGS #3961. This identification aids collectors and investors in recognizing and verifying the authenticity and condition of the coin. The PCGS grading service is well-regarded in the numismatic community, providing a benchmark for assessing coin quality and ensuring confidence in transactions. In recent years, auction results have highlighted the significant increase in interest and value for high-grade 1928-D Buffalo Nickels. Notable sales have reached impressive figures, demonstrating a strong market presence and sustained demand from collectors. This coin's combination of historical allure, distinctive design, and conditional rarity continues to captivate those passionate about American coinage. As collectors fervently seek both circulated and uncirculated examples, the 1928-D Buffalo Nickel persists as a distinguished piece within the numismatic landscape, bridging the artistic depth of its design with the rich tapestry of American history.