The 1917-S Buffalo Nickel is a numismatic treasure that has captivated coin collectors for decades. Minted over a century ago at the San Francisco Mint, this coin’s scarcity and historical significance make it highly sought after.
If you possess one, you might be holding a coin worth significantly more than its face value.
Historical Significance of the 1917-S Buffalo Nickel
Designed by James Earle Fraser, the Buffalo Nickel series was introduced in 1913 to embody the spirit of the American West. The obverse features a composite portrait of a Native American chief, while the reverse showcases an American bison.
The 1917-S variant, produced at the San Francisco Mint, had a relatively low mintage of 4,193,000 coins, contributing to its rarity today.
Factors Contributing to Its Value
Several elements influence the value of a 1917-S Buffalo Nickel:
- Low Mintage and Survival Rate With just over 4 million coins minted, the 1917-S had one of the lower production figures in the Buffalo Nickel series. Over time, many of these coins have been lost or worn down, making well-preserved examples particularly valuable.
- Condition and Grading The coin’s condition, assessed on the Sheldon scale from 1 to 70, plays a crucial role in its valuation. Higher-grade coins, especially those in Mint State (MS) condition, command premium prices.
- Notable Auction Records High-grade specimens have fetched impressive sums at auctions. For instance, a 1917-S Buffalo Nickel graded MS67 sold for $138,000 in July 2008.
Identifying a 1917-S Buffalo Nickel
To determine if you have this rare coin:
- Date and Mintmark: Check the obverse for the date “1917.” On the reverse, look beneath the “FIVE CENTS” inscription for the “S” mintmark, indicating it was minted in San Francisco.
- Design Details: Familiarize yourself with the distinctive features of the Buffalo Nickel to ensure authenticity.
Current Market Values
As of April 2025, the estimated values for the 1917-S Buffalo Nickel are:
| Grade/Condition | Estimated Value (USD) |
|---|---|
| Good (G-4) | $12.50 – $50 |
| Very Fine (VF-20) | $150 – $300 |
| Extremely Fine (EF-40) | $400 – $675 |
| Uncirculated (MS-60 and above) | $5,000 – $90,000 |
Preservation Tips
To maintain or enhance the value of your 1917-S Buffalo Nickel:
- Avoid Cleaning: Cleaning can diminish the coin’s value. It’s best to leave it in its natural state.
- Proper Storage: Store the coin in a protective holder in a cool, dry environment to prevent damage.
- Minimal Handling: Handle the coin by its edges and only when necessary to avoid transferring oils and dirt.
Selling Your 1917-S Buffalo Nickel
If you decide to sell:
- Professional Appraisal: Obtain an evaluation from a reputable coin dealer or grading service.
- Choose the Right Venue: Consider selling through established auction houses or trusted online platforms specializing in numismatics.
- Documentation: Provide any provenance or grading certificates to potential buyers to substantiate the coin’s authenticity and condition.
The 1917-S Buffalo Nickel is a remarkable piece of American numismatic history. Its rarity and potential value make it a prized possession for collectors.
If you believe you have one, proper identification and preservation are key to maximizing its worth.
FAQs
How can I verify the authenticity of my 1917-S Buffalo Nickel?
Examine the coin for the 1917 date on the obverse and the “S” mintmark below “FIVE CENTS” on the reverse. Consulting a professional numismatist or reputable grading service can provide further confirmation.
What makes the 1917-S Buffalo Nickel more valuable than other Buffalo Nickels?
Its relatively low mintage, historical significance, and the demand among collectors contribute to its higher value compared to other issues in the series.
Are there any notable errors or varieties of the 1917-S Buffalo Nickel?
Yes, the “Two Feathers” variety, where the third feather is missing due to die polishing, is a known and sought-after variant.