The value of a 1937 five-cent coin (Buffalo Nickel) varies significantly based on its condition and whether it has any mint errors or special features.
Here’s a breakdown of the value range for 1937 Buffalo Nickels:
- General Circulation (worn condition):
– 1937 (Philadelphia mint, no mint mark): Can be worth around $0.50 to $20, but possibly more depending on the specific grade.
– 1937-D (Denver mint): Can be worth around $0.50 to $20, [according to the NGC Price Guide].
– 1937-S (San Francisco mint): Can be worth around $0.50 to $20, [according to the NGC Price Guide].
- Mint State (uncirculated condition):
– 1937 (Philadelphia mint): Can sell for as much as $8,000.
– 1937-D (Denver mint): Can reach $10,000 in pristine condition.
– 1937-S (San Francisco mint): Can be worth up to $22,500.
- Rare Varieties and Errors:
– 1937-D 3-legged Buffalo Nickel: This famous error is highly sought after. In circulated condition, values can range from $350 to $1,950. Uncirculated examples in pristine condition can fetch as much as $110,000. Some estimates suggest a value of up to $132,000.
– 1937-D 3-legged Buffalo Nickel (graded MS66): An example graded as Mint State 66 sold for $65,000.
In summary, a typical 1937 Buffalo Nickel in average circulated condition might be worth a few dollars. However, the value can increase dramatically for coins in better condition, particularly those with the “D” mintmark, and especially for the rare “three-legged” error variety.
Important note: Coin grading is a complex process best left to experienced numismatists. If you believe you have a valuable coin, consider having it professionally graded to obtain an accurate assessment of its condition and authenticity.
How do I know if my 1937 Buffalo Nickel is valuable?
Great question! So this one is a very lowgraded coin so it’s a 1937D. That has the three legs. But it’s pretty much in terrible condition. It’s not in great condition at all but uh it’s not in the worst condition.
Are 1937 nickels made of silver?
Thanks for asking. Buffalo Nickels, commonly called Indian Head Nickels, were not made of silver. Instead, these distinctive coins were composed of copper (75%) and nickel (25%), giving them unique appearance and durability.