The 1927-S Buffalo Nickel stands as a testament to the rich history and artistry of American coinage. Minted in San Francisco, this coin has garnered significant attention from collectors and investors alike, often commanding impressive prices at auctions.
Understanding the 1927-S Buffalo Nickel
- Design and Features:
- Obverse: Features a Native American profile, crafted with intricate detail.
- Reverse: Depicts a buffalo, symbolizing the American frontier.
- Mint Mark: The ‘S’ beneath the buffalo indicates it was minted in San Francisco.
- Composition: Comprised of 75% copper and 25% nickel.
- Dimensions: Diameter of 21.2 mm and a weight of 5 grams.
- Mintage and Rarity:
- Approximately 3,430,000 units were minted in 1927.
- High-quality specimens are rare due to the coin’s age and the challenges in achieving sharp strikes during production.
Factors Influencing Its High Auction Value
- Exceptional Condition:
- Coins graded Mint State (MS) exhibit minimal wear and retain original luster.
- The highest recorded grade for this coin is MS66+, assigned by NGC.
- Scarcity of High-Grade Examples:
- The intricacies of the coin’s design often resulted in less-than-perfect strikes.
- Finding well-preserved specimens is challenging, enhancing their desirability.
- Historical Significance:
- As part of the Buffalo Nickel series (1913-1938), the 1927-S holds a special place in numismatic history.
- Its design reflects the cultural and artistic sentiments of its era.
Auction Records and Market Performance
The 1927-S Buffalo Nickel has consistently impressed at auctions, with top-tier specimens achieving remarkable prices.
- Notable Auction Highlights:
- An MS66* graded coin fetched $125,350 at a 2008 auction.
- Another MS66 specimen sold for $78,250, underscoring its enduring appeal.
Estimated Values Based on Condition
The value of the 1927-S Buffalo Nickel varies significantly with its condition.
| Condition | Estimated Value |
|---|---|
| Very Fine (VF-20) | $37 |
| Fine (F-12) | $10 |
| Mint State (MS-63) | $2,565 |
| Mint State (MS-65) | $7,729 |
| Mint State (MS-66) | $78,250 |
Values are approximate and influenced by market demand and coin quality.
The 1927-S Buffalo Nickel exemplifies the intersection of art, history, and rarity. Its enduring appeal among collectors is a testament to its significance in American numismatic heritage.
For those fortunate enough to possess high-grade examples, the potential for substantial returns at auctions remains a compelling prospect.
FAQs
How can I determine the grade of my 1927-S Buffalo Nickel?
Consulting with professional coin graders or submitting the coin to reputable grading services can provide an accurate assessment of its condition.
Are there specific characteristics that make the 1927-S Buffalo Nickel more valuable?
Yes, coins with sharp strikes, clear details, and minimal wear are highly valued.
Where can I sell my 1927-S Buffalo Nickel?
Consider reputable coin dealers, numismatic auctions, or online platforms specializing in coin sales to reach a wide audience of potential buyers.
