The Buffalo Nickel, also known as the Indian Head Nickel, is one of the most iconic coins in American history. Designed by sculptor James Earle Fraser, the coin features a Native American on the obverse (front) and a bison on the reverse (back). The 1927 Buffalo Nickel is a popular collector's item, and its value and price can vary depending on several factors.
In this article, we will provide a comprehensive guide to the 1927 Buffalo Nickel value and price, including its history, design, mintage, and collector's value.
History of the Buffalo Nickel
The Buffalo Nickel was minted from 1913 to 1938 and was designed by James Earle Fraser. The coin was created to commemorate the Native American and the American bison, two iconic symbols of the American West. The coin's design was inspired by Fraser's visits to the American West and his fascination with Native American culture.
Design of the 1927 Buffalo Nickel
The 1927 Buffalo Nickel features a Native American on the obverse, wearing a feathered headdress and a necklace made of bear claws. The Native American is depicted in a classical style, with a strong and dignified expression. The reverse features a bison, also known as a buffalo, standing on a hill, with the sun setting in the background.
Mintage of the 1927 Buffalo Nickel
The 1927 Buffalo Nickel was minted in Philadelphia, Denver, and San Francisco, with a total mintage of 37,445,000 coins. The mintage numbers for each mint are as follows:
- Philadelphia: 27,170,000
- Denver: 6,404,000
- San Francisco: 3,871,000
Grading and Condition of the 1927 Buffalo Nickel
The condition and grading of the 1927 Buffalo Nickel play a significant role in determining its value and price. Coins in better condition, with fewer scratches and wear, are more valuable than coins in poorer condition.
Value and Price Guide for the 1927 Buffalo Nickel
The value and price of the 1927 Buffalo Nickel depend on several factors, including its condition, rarity, and demand. Here is a general price guide for the 1927 Buffalo Nickel:
- Good (G) condition: $0.50-$2.00
- Very Good (VG) condition: $1.00-$5.00
- Fine (F) condition: $2.00-$10.00
- Very Fine (VF) condition: $5.00-$20.00
- Extremely Fine (EF) condition: $10.00-$50.00
- About Uncirculated (AU) condition: $20.00-$100.00
- Mint State (MS) condition: $50.00-$500.00
Collector's Value of the 1927 Buffalo Nickel
The 1927 Buffalo Nickel is a popular collector's item, and its value can vary depending on its condition, rarity, and demand. Some collectors may be willing to pay a premium for coins in excellent condition or with unique features.
How to Buy and Sell the 1927 Buffalo Nickel
If you're interested in buying or selling the 1927 Buffalo Nickel, there are several options available. You can visit online marketplaces, such as eBay or Amazon, or visit local coin dealers. You can also join online forums or social media groups dedicated to coin collecting.
Tips for Buying and Selling the 1927 Buffalo Nickel
When buying or selling the 1927 Buffalo Nickel, make sure to research the market value and condition of the coin. You should also consider getting the coin graded and certified by a reputable third-party service, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).
Conclusion
The 1927 Buffalo Nickel is a valuable and collectible coin, with a rich history and design. Its value and price depend on several factors, including its condition, rarity, and demand. Whether you're a seasoned collector or just starting out, the 1927 Buffalo Nickel is a great addition to any coin collection.
What is the value of a 1927 Buffalo Nickel?
+The value of a 1927 Buffalo Nickel depends on its condition, rarity, and demand. It can range from $0.50 to $500.00.
How can I determine the condition of my 1927 Buffalo Nickel?
+You can determine the condition of your 1927 Buffalo Nickel by examining its surface for scratches, wear, and other imperfections. You can also get it graded and certified by a reputable third-party service.
Where can I buy or sell a 1927 Buffalo Nickel?
+You can buy or sell a 1927 Buffalo Nickel on online marketplaces, such as eBay or Amazon, or visit local coin dealers. You can also join online forums or social media groups dedicated to coin collecting.