Category: Finance

THE 1936 BUFFALO NICKEL: HOW MUCH IS IT WORTH?

The production of Buffalo nickels went into boom in 1936. The improving economy increased the demand for these coins. That year, having more than 150 million minted coins, is the most common for the series. There were 3 minting facilities that produced the Buffalo nickels. Philadelphia took the lion’s share of minting duties and struck 118,997,000 nickels in 1936. This minting facility did not leave any mark on the coins. Denver struck 24,814,000 nickels with a D initial. There were 14,930,000 nickels struck by San Francisco with an S initial.

Although more common than most, the Buffalo nickels series has valuable and noteworthy varieties. Proof coinage returned to the United States coin lineup in 1936. There were 4,420 proof 1936 Buffalo nickels. Buffalo nickels during 1913 to 1916 were matte proof. Proofs made during 1936 and thereafter feature the mirror-like surface. Most collectors today are familiar with that look. The 1936 Buffalo nickel value varies a lot. A 1936 proof Buffalo nickel can be around $1,400.

Value in the Old Things

The 1936-D Three-legged Buffalo nickel was another remarkable variety in the series. It was a result of an overzealous polishing by a minting facility employee. The original aim of the wiping of the die was to clean the imperfections on its surface. The employee removed 1 of the legs of the buffalo and some details of the die. Values for these coins are high. A piece can start at around $1,000 dollars if it is in very good grade.

A good grade regular 1936 Buffalo nickel is worth at least $1. For fine condition, value increases to $1.75. It can be worth $3 if the condition is extremely fine. For uncirculated 1936 coins, it can go for up to $9. The 1936-D and 1936-S have almost the same value. Except that uncirculated coins can be up to $12.

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The Coin Collector Category

Collecting things or items is a part of a person’s life. It is a way of expressing interest and hobby. However, some people don’t know the value of rare coins. They merely consider it as a part of history, which is no longer valuable. For the coin collectors, they would fill fulfilling once they have collected even one piece of a rare coin. For them, it is an achievement. Indeed, seeking a rare coin is not easy, especially if it is an old coin.

Which coin collector level you belong to?

Yes, as a coin collector, you need to know which level you belong to. Of course, not all coin collectors are on the same level. You might be on the level of hunting for ordinary yet vintage coins. Now, you have to identify yourself which level you are in. A coin collector must know which category she/he is in. Now, you can find the answer here. There are various ways in which coins will be collected, and the collector specialties. Here are various coin collectors types that are differentiated.

Casual coin collector. Being a common coin collector, it is the commonest one. You belong in this category if you do these things:

  • Collecting coins without considering the age.
  • Collecting coins for you is fun, and you are randomly doing the same.
  • You collect but don’t spend money on purchasing coins or for preserving it.
  • Collecting coins that are obsolete, these are modified and commonly used by the magicians. Most of your coin collection are commemorative coins.
  • Some coins are given from a gift, and it becomes more interesting.
  • Browsing coin shops.

coin collectors

Curious collector. You are in this category if you have these characteristics:

  • You are inclined to collecting the coins rather than receiving as a gift.
  • You are no unwilling to buy the coins, especially if it is not too expensive.
  • You are more interested in coins than browsing.
  • You spend time on the net, especially in coins sites and searching to be purchased.
  • You have no objective in collecting coins; it is merely your hobby.
  • You will go to the next level, like gathering knowledge about the coins until you will join a serious group of coin collectors.

Extreme collector. If you belong in the category of an extreme collector, then you are the most advanced collector. You may have these things when you are an extreme collector:

  • You are a fanatic about coin collection hobby.
  • You are either a completist or a generalist.

Now, which coin collector category you belong?

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