1938-D/D 5C Buffalo Buffalo Nickel (Regular Strike)
The 1938-D/D Buffalo Nickel is a fascinating piece for collectors, known for its unique minting anomaly and historical context. This particular coin is characterized by the D over D (D/D) mint mark, adding to its interest and rarity among numismatists. Minted at the Denver Mint, these coins are part of the final year of the popular Buffalo Nickel series, which ran from 1913 to 1938. Mintage for the 1938-D buffalo nickels amounted to 7,020,000, but the exact number featuring the D/D mint mark is unknown, contributing to its appeal and collectible status.
This variety was produced when the mint mark was hand-punched onto the dies, leading to anomalies. The D/D marking results from a minting error where the secondary D is positioned slightly northwest of the primary D on the reverse of the coin, classifying it as an over-mintmark variety. Such minting quirks are highly prized, and the 1938-D/D is no exception. The PCGS identifier for the 1938-D/D Buffalo Nickel is 93913. In terms of value, the coin enjoys a strong following in the numismatic community. Prices vary based on condition, with circulated examples being more affordable, while those in uncirculated conditions demand significant premiums. High-grade specimens, especially those graded by professional entities like PCGS or NGC, have realized noteworthy results at auction.
For instance, stunning gem-quality coins have surpassed several thousands of dollars, with pristine examples reaching upwards of $20,000 at major auctions. The allure of the 1938-D/D emerges not only from its numismatic peculiarity but also from its historical context as the last-year-of-issue for the Buffalo Nickel. This positions it among the collector favorites from the 20th century. The scenic portrait of an American Indian on the obverse, coupled with the iconic buffalo on the reverse, highlights significant aspects of American history and heritage, further enhancing its collectability. According to coin collectors' reports, the 1938-D/D enjoys continued interest with robust sales on platforms dedicated to numismatic sales and auctions. Collectors often seek this piece either to complete their Buffalo Nickel series or as a standalone testament to American minting history.
Notably, established numismatic firms have repeatedly handled transactions involving this particular coin, fetching premium prices especially when provenance and condition align favorably. When searching for a 1938-D/D Buffalo Nickel, one should look for clear, distinct markings and minimal wear, especially in higher-grade coins, as these factors substantially affect value. With its characteristic over-mintmark variety and authentic historical appeal, the 1938-D/D Buffalo Nickel represents a remarkable opportunity for collectors to own a tangible piece of numismatic art and history.
