The Buffalo Nickel, officially known as the Indian Head Nickel, is one of the most iconic coins in American history. Designed by James Earle Fraser, it represents the strength and spirit of early America. The PCGS #3982 version was minted in Denver in 1913, and it stands out among collectors not just for its design but also for its value.
Although over 17 million were made, a top-quality specimen of this coin once sold for an amazing $99,875 at auction. Let’s explore why this coin is so admired and how it became a true collector’s treasure.
Quick Coin Specifications
This coin has a diameter of 21.20 mm, weighs 5.00 grams, and has a plain edge. It is made of 75% copper and 25% nickel, a strong metal mix used in many U.S. coins. Minted in Denver, it carries the “D” mintmark, and 17,826,000 were produced in 1913.
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Design by James Earle Fraser
The design of the Buffalo Nickel is considered one of the most beautiful in U.S. coin history. On the obverse, it shows a detailed portrait of a Native American, which Fraser said was a mix of three real chiefs. The reverse features a powerful American buffalo, standing on a raised mound—this is known as the Type 1 reverse. It symbolises America’s wild past and pays tribute to Native American culture and the frontier era.
Rarity and Collector Appeal
While millions were minted, most were used in everyday transactions, meaning few remain in top condition today. That’s why high-grade Buffalo Nickels, especially those graded by PCGS, can sell for very high prices. The record price for PCGS #3982 was $99,875, making it one of the most valuable examples of its kind.
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Collectors value this coin not only for its age and design but also for its condition. The sharp details in the strike, the clarity of the features, and lack of wear are what make the top-grade coins worth thousands.
Denver Mint’s Role
The Denver Mint played a major role in producing Buffalo Nickels. Coins from Denver are marked with a small “D” under the “FIVE CENTS” on the reverse. The Denver 1913 Type 1 coins (like PCGS #3982) are part of the first year of issue, adding to their collector appeal.
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The 1913-D Buffalo Nickel (PCGS #3982) is a shining example of American history in coin form. Its bold design, cultural importance, and collector value make it a must-have for serious numismatists. Though over 17 million were made, only a few survive in perfect condition, and one of those sold for nearly $100,000. If you come across one in great shape, it might just be worth a small fortune. This coin is a reminder of a time when art, history, and money were deeply connected.
FAQ’s
What is PCGS #3982?
PCGS #3982 refers to the 1913-D Buffalo Nickel, Type 1, designed by James Earle Fraser and minted in Denver with a ‘D’ mintmark.
What is the metal composition of the 1913-D Buffalo Nickel?
This coin is made of 75% copper and 25% nickel, weighs 5.00 grams, and has a diameter of 21.20 mm with a plain edge.
Why is the 1913-D Buffalo Nickel valuable?
Though over 17 million were minted, very few remain in high-grade condition today. One top example sold for $99,875, making it highly desirable.
Who designed the Buffalo Nickel?
The coin was designed by James Earle Fraser, a sculptor known for creating a realistic portrait of a Native American and a majestic American bison.
How can I tell if my 1913 Buffalo Nickel is from Denver?
Check under the words ‘FIVE CENTS’ on the reverse side. If there’s a small ‘D’, it means the coin was minted in Denver.
