1935-D 5C Buffalo Nickel
The 1935-D Buffalo Nickel stands as a significant and intriguing coin for collectors, characterized by its minting at the Denver Mint. This coin is a part of the well-loved Buffalo Nickel series, which ran from 1913 to 1938. Known for its detailed artistic design, the Buffalo Nickel has always been a favorite among numismatists and general collectors alike.
Mintage and Mint Information
The 1935-D Buffalo Nickel was minted at the Denver Mint, identifiable by the "D" mint mark on the coin's reverse side below the denomination. According to PCGS Coin Facts, its total mintage was 12,092,000. This considerable mintage contributes to its accessibility, making it less rare than other key dates in the series like the 1913-S Type 2 or the 1916/16 variety.
PCGS Number
The PCGS (Professional Coin Grading Service) number assigned to the 1935-D Buffalo Nickel for collectors seeking to authenticate or grade their coins is 3976. This number is crucial for numismatists looking to accurately identify and assess the coin in the marketplace.
Rarity and Value
While not rare in lower grades, the 1935-D Buffalo Nickel gains attention in higher Mint State (MS) conditions. Coins in MS-65 and MS-66 are highly sought after by collectors due to their scarcity in these conditions, with sharply struck examples displaying full horn details particularly prized.
- Good to Very Fine (G-VF): In these grades, the coin is relatively common and more easily affordable for novice collectors, often selling for a reasonable price.
- Extremely Fine to About Uncirculated (XF-AU):** These mid-range grades show moderate circulation wear but maintain more detail, driving prices moderately higher.
- Mint State (MS): Higher-grade coins, especially those grading MS-65 or better, command premium prices. Recent auction sales have seen MS-65 coins sell for around $200-$350, while MS-66 examples can achieve even higher prices, often surpassing $1,000 depending on market conditions and their eye appeal.
Auction Records and Market Interest
In recent years, auction houses have seen varying results for the 1935-D Buffalo Nickel, reflective of its condition and quality of strike. Auction results frequently show a broad range of prices, with standout examples in exceptional condition occasionally realizing impressive premiums. The presence of luster, sharpness of strike, and lack of blemishes often dictate final sales prices at auction, emphasizing the importance of quality in these rare high-grade specimens.
Historical Significance and Design
The Buffalo Nickel, designed by James Earle Fraser, is celebrated for its uniquely American themes. The obverse features a Native American profile, combined from several models, while the reverse displays a bison, thought to be inspired by "Black Diamond" from the Central Park Zoo. These iconic images reflect the spirit and history of early 20th-century America. Collectors and numismatists often seek the 1935-D Buffalo Nickel not only for its aesthetic and historical value but also for its connections to American culture. Its striking design continues to captivate numismatists eager to own a tangible piece of history.
Investment Potential
Given its commonality in lower grades, the 1935-D Buffalo Nickel offers a solid entry point for collectors new to Buffalo Nickels. However, high-grade specimens are widely considered a sound investment due to their scarcity and collector demand. Observing grading trends and historical auction prices can provide insights into future value appreciation. In conclusion, the 1935-D Buffalo Nickel represents an accessible yet intriguing opportunity within the numismatic community. Its combination of historical significance, affordability, and the potential for market appreciation in higher grades makes it a compelling choice for both novice and seasoned collectors.
