The value of a 1929 US five-cent coin (Buffalo Nickel) varies significantly based on several factors, primarily its condition (grade), mint mark, and the presence of any errors or varieties.
Here’s a breakdown of the value based on these factors:
- Circulated: A 1929 Buffalo Nickel in circulated condition (worn from use) typically ranges from $1 to $3, depending on the level of wear.
- Higher Grades: The value increases significantly with higher grades. For example, a 1929-S Buffalo Nickel in excellent circulated condition (VF+) can be worth around $10, and an uncirculated (AU) coin could be worth as much as $55.
The value of a 1929 Buffalo Nickel also depends on its mint mark. Coins minted in Philadelphia have no mint mark, while those from Denver have a “D” and those from San Francisco have an “S”.
- Philadelphia (no mint mark): In Uncirculated (MS60) condition, these coins are valued between $30 and $50. In Good (G4) condition, they are typically worth $1.50 to $2.00.
- Denver (“D”): A 1929-D Buffalo Nickel in Uncirculated (MS60) condition is valued between $100 and $150. In Good (G4) condition, the value is around $2.00 to $3.00.
- San Francisco (“S”): The 1929-S Buffalo Nickel is generally more valuable than those from Philadelphia or Denver. Uncirculated (MS60) examples can be worth $150 to $200, and in MS67 condition, they can reach thousands of dollars. Circulated coins from San Francisco range from $1 to $65.
Certain errors and varieties can significantly increase the value of a 1929 Buffalo Nickel.
- Doubled Die Obverse: This error, which shows doubling on the date, can dramatically increase the coin’s worth.
- Die Break by Date: A crack in the die near the date can add value.
- Off-Center Strike: When the coin blank is improperly aligned during striking, it results in an off-center design that can be highly collectible.
Important Notes:
- Coin values are subject to fluctuation based on the market.
- Coins with good eye appeal or those graded by recognized services like PCGS or NGC may have higher values.
- Buffalo Nickels from the Denver and San Francisco mints with a stronger strike can be more valuable.
- For the most precise valuation, consult a reputable coin dealer or a current price guide.
