The 1936 Buffalo Head Nickel is a fascinating coin that has captured the attention of numismatists and collectors alike. With its iconic design and rich history, this coin not only represents a significant era in American currency but also serves as a reminder of the cultural values of the time. In this article, we will delve deep into the details of the 1936 Buffalo Head Nickel, exploring its design, historical context, and its significance in the world of coin collecting.
The Buffalo Head Nickel, officially known as the "Indian Head Nickel," was minted from 1913 to 1938. The 1936 edition, in particular, stands out among collectors due to its unique characteristics and the story behind its creation. In the following sections, we will provide a comprehensive overview of the coin, including its specifications, variations, and current market value. Whether you are a seasoned collector or a newcomer to the hobby, this article will equip you with essential knowledge about the 1936 Buffalo Head Nickel.
Understanding the 1936 Buffalo Head Nickel goes beyond just its physical attributes; it requires a grasp of the historical context in which it was produced. From the Great Depression's economic impact to the artistic choices made by its designer, the Buffalo Nickel tells a compelling story. Join us as we journey through time and uncover the significance of this remarkable coin.
Table of Contents
- Biography of the Buffalo Head Nickel
- Design and Features
- Mintage and Variations
- Collectibility and Market Value
- Grading the 1936 Buffalo Head Nickel
- Historical Context
- Caring for Your Buffalo Nickel
- Conclusion
Biography of the Buffalo Head Nickel
The Buffalo Head Nickel was designed by sculptor James Earle Fraser and was first minted in 1913. The coin features a Native American on the obverse and a buffalo on the reverse, which became iconic symbols of American heritage. The 1936 version retains these classic elements while showcasing the artistry and craftsmanship of its time.
Personal Data and Biodata
| Attribute | Details |
|---|---|
| Designer | James Earle Fraser |
| Minting Years | 1913 - 1938 |
| Metal Composition | 75% Copper, 25% Nickel |
| Diameter | 21.2 mm |
| Weight | 5 grams |
| Edge | Smooth |
Design and Features
The design of the 1936 Buffalo Head Nickel is one of its most charming aspects. The obverse features a left-facing Native American figure, which Fraser modeled after several different Native American leaders, such as Chief Iron Tail. The reverse depicts a majestic American bison standing on a mound, symbolizing the strength and resilience of the American spirit.
Notable Design Elements
- Obverse: The inscription "LIBERTY" appears above the Native American's head, while the date "1936" is positioned to the right.
- Reverse: The bison stands over the word "UNITED STATES OF AMERICA," with the denomination "FIVE CENTS" below it.
The artistry of the Buffalo Nickel is celebrated not only for its aesthetic qualities but also for the way it reflects the American identity of the time. This design has remained popular among collectors and continues to be a focal point for numismatic discussions.
Mintage and Variations
The mintage of the 1936 Buffalo Head Nickel was significant, with millions produced across various mint locations. Understanding the different mint marks and their rarity is crucial for collectors.
Mintage Figures
- Philadelphia Mint: 30,500,000 coins
- Denver Mint: 5,250,000 coins
- San Francisco Mint: 3,000,000 coins
Each mint location has its own unique characteristics, and collectors often seek specific mint marks to enhance their collections. The Philadelphia Mint, for instance, produced the largest number of coins, making its variants more common than those from Denver or San Francisco.
Collectibility and Market Value
The collectibility of the 1936 Buffalo Head Nickel is influenced by factors such as rarity, condition, and historical significance. As of recent market assessments, the value of these coins can vary widely.
Current Market Value
- Good (G): $1.00 - $2.00
- Fine (F): $3.00 - $5.00
- Very Fine (VF): $10.00 - $15.00
- Extremely Fine (EF): $20.00 - $30.00
- Uncirculated (MS): $50.00 - $100.00+
Collectors often seek coins in higher grades, which can command premium prices at auctions and marketplaces. The demand for high-quality specimens continues to grow, making the 1936 Buffalo Nickel a valuable addition to any collection.
Grading the 1936 Buffalo Head Nickel
Grading is a crucial aspect of coin collecting, as it determines the coin's condition and value. The American Numismatic Association (ANA) outlines several grading categories that are widely accepted in the industry.
Grading Scale Overview
- Good (G): Major details are visible but heavily worn.
- Fine (F): Moderate wear with clear design features.
- Very Fine (VF): Light wear, with most details visible.
- Extremely Fine (EF): Very light wear, nearly uncirculated.
- Uncirculated (MS): No wear, with full design detail.
Understanding these grading criteria will help collectors accurately assess their coins and make informed purchasing decisions.
Historical Context
The 1936 Buffalo Head Nickel was minted during a tumultuous period in American history. The Great Depression had a profound impact on the economy, and the design of the Buffalo Nickel reflects the values and struggles of the time.
Impact of the Great Depression
- Economic hardships led to a public desire for symbols of strength and resilience.
- The imagery of the buffalo represented the rugged individualism and pioneering spirit of Americans.
- Coins like the Buffalo Nickel served as a reminder of the country's heritage during challenging times.
Understanding this historical context enriches the appreciation of the 1936 Buffalo Head Nickel as more than just a piece of currency; it is a representation of American identity and perseverance.
Caring for Your Buffalo Nickel
Proper care and storage of your 1936 Buffalo Head Nickel are essential for maintaining its condition and value. Here are some tips for collectors:
Maintenance Tips
- Avoid Cleaning: Do not clean your coins, as this can reduce their value.
- Store Properly: Use acid-free holders or coin flips to protect your coins from environmental damage.
- Handle with Care: Always hold coins by the edges to avoid fingerprints and oils from your skin.
By following these guidelines, collectors can ensure that their Buffalo Nickels remain in excellent condition for years to come.
Conclusion
In summary, the 1936 Buffalo Head Nickel is a remarkable coin with deep historical significance and artistic merit. From its captivating design to
