Most Expensive Coins

How to Grade Buffalo Nickel?

How to Grade Buffalo Nickel

How to Grade Buffalo Nickel

As numismatists know, an exact evaluation of a coin is needed for determining its real value. Age, condition, and many more factors must be evaluated when appropriately grading Buffalo nickels. High-value or rare coins with unique faults should always be professionally evaluated to maximize their value at auction, even if collectors can perform initial analyses on their own, especially with lower-quality more affordable examples.

Buffalo Nickel Grading Standards Overview

When finding a new coin, collectors first assess its quality to determine its grade and estimated value. However serious coin collectors know that reliable estimates leading to high auction prices can only be achieved through professional grading.

The most reliable grading guidelines for US coins have been established by the American Numismatic Association (ANA). This extensive connection provides standards for each grade and condition and explains how to grade all coins, such as  proof and regular strikes.

Why Grading Buffalo Nickels Can Be Tricky

Buffalo nickels were first minted in 1913 and remained in production until 1938 when Jefferson nickels replaced them. Unlike many other American coins, Buffalo nickels are more complex to grade because of certain challenges.

One of the main issues lies with coins minted between 1917 and 1927 in Denver and San Francisco. These coins often had poorly struck high points, which makes accurate grading more difficult, even for professionals.

Characteristics of the Buffalo Nickel

FeaturesSpecification
Face ValueFive cents($0.05)
CompositionCupronickel alloy
Weight0.176 ounces (5 g)
Diameter0.825 inches (21.2 mm)
Thickness0.077 inches (1.95 mm)

The Native Americans braid and the buffalo’s head, horn, shoulder, and tail are examples of common weak spots and dates with irregular hits which are provided for in the ANA’s guidance. In the past, these problems have led to grade uncertainty, mostly related to the buffalo’s horn visibility, which can occasionally be absent even on uncirculated coins.

How to Grade Buffalo Nickels: Step-by-Step Analysis

Buffalo nickels, especially with mint state coins, show regular errors and uneven wear. Evaluating the buffalo’s horn quality is the most important grading challenge. To correctly evaluate their coins, collectors need to adhere to certain rules.

Inscriptions and other essential details of design can often become hardly visible because of wear and tear. To help you in evaluating your Buffalo nickel, the following provides a thorough explanation of each grade:

1. About Good (AG) Grade

Buffalo nickels with an About Good (AG) grade show a lot of wear and often are not demanded by collectors because of their poor condition.

2. Good (G) Grade

Coins in good (G) condition are still very worn, however considered to be valuable. The absence of complexity makes these popular with many numismatists.

3. Very Good (VG, VG8, VG10) Grade

Coins graded as Very Good are more defined than those in the Good category, although still worn.

4. Fine (F, F12, F15) Grade

Buffalo nickels in Fine condition started to appeal to collectors, especially those minted in the early years.

5. Very Fine (VF, VF20, VF25, VF30, VF35) Grade

A Very Fine Buffalo nickel has moderate wear but remains attractive to collectors because of  the better-preserved details.

6. Extra Fine (EF40, EF45) Grade

These coins show slight wear only on the highest points, making them appealing to collectors.

7. About Uncirculated (AU50, AU55, AU58) Grade

Coins with limited circulation fall into this category. They display minor wear but retain much of their original luster.

8. Mint State (MS60 to MS70) Grade

Uncirculated Buffalo nickels are highly desirable. These coins have no wear and come in various subgrades that distinguish slight variations.

Related Post –

Bottom Line

Buffalo nickels are beloved collectibles today but were hard to produce because of design complications. The incomplete strikes caused early wear, leading to flattened details and hardly visible details. This aspect must be evaluated when evaluating a Buffalo nickel’s grade.

Exit mobile version