The Indian Head Nickel is one of the most iconic coins in American numismatic history. Among the various issues of this coin, the 1928 Indian Head Nickel is particularly notable for its unique characteristics and collectibility. Here are five interesting facts about the 1928 Indian Head Nickel that highlight its significance and value among collectors and historians.
In 1913, the Indian Head Nickel was introduced to the public, marking a significant shift in American coinage design. The coin's design, created by sculptor James Earle Fraser, was meant to symbolize the American West and the Native American tribes that inhabited it. The obverse side featured a Native American in a feathered headdress, while the reverse side showed a buffalo.
The Design and Production of the 1928 Indian Head Nickel
The 1928 Indian Head Nickel was produced by the Philadelphia Mint, which manufactured over 23 million coins that year. The coin's design remained largely unchanged from its introduction in 1913, with the Native American on the obverse side and the buffalo on the reverse side. However, the 1928 issue is notable for its high-quality minting, which resulted in coins with sharp details and lustrous finishes.
Key Features of the 1928 Indian Head Nickel
The 1928 Indian Head Nickel has several distinct features that make it a desirable collectible. Here are a few key characteristics to look for:
- Date: The coin is dated 1928, which is stamped on the obverse side below the Native American's shoulder.
- Mint mark: The Philadelphia Mint did not use a mint mark, so the coin will not have any additional markings.
- Condition: The coin's condition is crucial in determining its value. Look for coins with minimal wear and tear, and a high level of detail.
The Value of the 1928 Indian Head Nickel
The value of the 1928 Indian Head Nickel can vary greatly depending on its condition, rarity, and demand. In general, the coin is relatively common and can be found in circulated condition for a few dollars. However, high-grade coins with minimal wear and tear can command much higher prices, often in the hundreds or thousands of dollars.
Grading and Authentication
To ensure the authenticity and value of the 1928 Indian Head Nickel, it is essential to have the coin graded and authenticated by a reputable third-party service. The most well-known grading services include the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). These services will evaluate the coin's condition, assign a grade, and provide a certification that verifies the coin's authenticity.
Collecting the 1928 Indian Head Nickel
The 1928 Indian Head Nickel is a popular collectible among numismatists, particularly those interested in American coins. To start a collection, look for coins in circulated condition, which can be found at a relatively low cost. As your collection grows, you can seek out higher-grade coins or rare variations.
Tips for Collectors
Here are a few tips for collectors interested in the 1928 Indian Head Nickel:
- Start with circulated coins: Circulated coins are more affordable and can be a great starting point for your collection.
- Research and authenticate: Before purchasing a coin, research its authenticity and have it graded by a reputable service.
- Store and handle with care: Coins are delicate and require proper storage and handling to maintain their condition.
Conclusion
The 1928 Indian Head Nickel is a fascinating collectible that offers a glimpse into American numismatic history. With its unique design, high-quality minting, and relatively affordable price point, this coin is an excellent addition to any collection. Whether you're a seasoned collector or just starting out, the 1928 Indian Head Nickel is a great choice for anyone interested in American coins.
What is the 1928 Indian Head Nickel?
+The 1928 Indian Head Nickel is a coin that was produced by the Philadelphia Mint in 1928. It features a Native American on the obverse side and a buffalo on the reverse side.
What is the value of the 1928 Indian Head Nickel?
+The value of the 1928 Indian Head Nickel can vary greatly depending on its condition, rarity, and demand. In general, the coin is relatively common and can be found in circulated condition for a few dollars. However, high-grade coins with minimal wear and tear can command much higher prices, often in the hundreds or thousands of dollars.
How can I collect the 1928 Indian Head Nickel?
+To start a collection, look for coins in circulated condition, which can be found at a relatively low cost. As your collection grows, you can seek out higher-grade coins or rare variations. Be sure to research and authenticate the coin before purchasing, and store and handle the coin with care to maintain its condition.