1920-D Buffalo Nickel Valued: Have you ever wondered if a tiny coin sitting in your old drawer, wallet, or piggy bank might be worth thousands of dollars? The rare 1920-D Buffalo Nickel is one such hidden treasure, with some pristine specimens selling for as much as $138,000 at auction. Yes, you read that right! One small coin from over a century ago could quite literally change your financial story overnight.
While it may look like any other old coin, the 1920-D Buffalo Nickel holds a special place in both numismatic circles and American history. Whether you’re a seasoned collector or someone who stumbled upon this article out of curiosity, this guide will walk you through how to identify this rare coin, understand why it’s so valuable, and what to do if you think you have one in your possession.
1920-D Buffalo Nickel Valued
| Feature | Details |
|---|---|
| Coin Name | 1920-D Buffalo Nickel |
| Estimated Top Value | $138,000 (MS67 Grade) |
| Mint Location | Denver Mint (D mark) |
| Historical Significance | Part of the Buffalo Nickel series (1913–1938) |
| Obverse Design | Native American composite portrait |
| Reverse Design | American Bison (believed to be Black Diamond) |
| Authentication Services | PCGS, NGC |
| Official Auction Data | PCGS Auction Link |
The 1920-D Buffalo Nickel isn’t just a piece of spare change — it’s a historical gem and a potential jackpot for collectors. From its iconic design to its six-figure auction value, it represents the allure and excitement of coin collecting.
So the next time you’re sorting through old change or an inherited coin collection, take a closer look. Check the date, find the mint mark, and evaluate its condition. If it looks promising, don’t hesitate to have it graded professionally. That little coin might just be your ticket to an unexpected windfall.
What Is the 1920-D Buffalo Nickel?
The 1920-D Buffalo Nickel is a part of the iconic U.S. “Buffalo Nickel” or “Indian Head Nickel” series, minted from 1913 to 1938. These coins were designed by famous sculptor James Earle Fraser, who sought to create a design that truly represented America’s spirit, identity, and heritage.
The obverse side of the coin features a proud Native American portrait, which was actually a composite of three different chiefs from real tribes, making it both symbolic and deeply respectful of indigenous history. The reverse showcases a majestic American Bison, believed to be based on “Black Diamond,” a bison that lived in the Central Park Zoo during that era.
The “D” in the 1920-D refers to the Denver Mint, where this particular coin was produced. Even though over 9 million of these nickels were struck in Denver that year, very few survive in excellent, high-grade condition today.
How to Identify a 1920-D Buffalo Nickel
If you’re checking an old collection or roll of nickels, here’s how to identify this rare and valuable coin:
1. Check the Obverse (Front) of the Coin
- You should see a right-facing Native American profile with clear detail in the feathers and facial features.
- The year “1920” will be found stamped into the shoulder area near the rim.
2. Flip It to the Reverse (Back)
- Look for a large American Bison standing on a mound or flat surface.
- Below the inscription “FIVE CENTS”, look closely for a small “D” mint mark. This is what confirms it was minted in Denver.
3. Examine the Condition
- Coins with strong detail in the hair braid, feathers, and the bison’s horn are usually higher grade.
- Signs of wear such as smoothed features or faded inscriptions can reduce value, but even worn examples have collector interest.
- Professionally graded coins with grades like MS65 or above are the most valuable. If your coin looks nearly untouched, it’s worth sending to a grading service.
Why Is It Worth $138,000?
The average 1920-D Buffalo Nickel found in circulation might be worth $20 to $300 depending on its wear and clarity. However, one coin in MS67 (Mint State 67) condition sold for an astounding $138,000 at auction. Why such a big difference?
According to the Professional Coin Grading Service (PCGS), only one example of the 1920-D Buffalo Nickel has been found in MS67 condition. This makes it ultra-rare and a “holy grail” for collectors of early 20th-century U.S. coins.
Here’s what contributes to such a high valuation:
- Extraordinary rarity in high grades.
- High demand among serious collectors.
- Historical importance and beautiful design.
- Flawless strike and luster, making it a visually stunning coin.
Grading and Value Chart
| Grade | Approx. Value (USD) |
| Good (G-4) | $16 |
| Fine (F-12) | $45 |
| VF (Very Fine) | $107 |
| EF (Ext. Fine) | $271 |
| AU (Almost Unc) | $375 |
| MS-60 | $767 |
| MS-65 | $5,185 |
| MS-66 | $49,995 |
| MS-67 | $138,000 |
Where to Authenticate and Sell It
If you think you’ve struck gold with a 1920-D Buffalo Nickel, your next step is authentication. Professional grading is essential for determining the coin’s actual market value. The two top-tier grading companies are:
- PCGS (Professional Coin Grading Service)
- NGC (Numismatic Guaranty Corporation)
Where to Sell:
- Heritage Auctions: Known for handling rare U.S. coins.
- Stack’s Bowers Galleries: Offers global exposure.
- eBay: With authentication, this can be an easy route.
- Certified coin dealers: Local or online experts can help.
- Coin shows: Great for networking and getting appraisals.
Tips for Collectors and Sellers
Whether you’re new to coin collecting or looking to sell a rare find, these tips can help:
- Use coin flips or capsules to store coins safely.
- Never clean coins, even if they look dirty. Cleaning can cause micro-abrasions and drastically lower value.
- Stay updated on current values by checking reliable pricing guides like PCGS or NumisMedia.
- Photograph both sides clearly if seeking online appraisals.
- Join collector forums or clubs like the American Numismatic Association (ANA) to learn from experts.
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FAQs About 1920-D Buffalo Nickel Valued
Is the 1920-D Buffalo Nickel still in circulation?
No, it’s extremely unlikely to find one in everyday change. Most were pulled from circulation decades ago, but checking old jars, inherited coin collections, or estate sales might yield one.
What does the “D” stand for?
The “D” stands for the Denver Mint, one of the U.S. Mint facilities that struck this coin in 1920.
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How many 1920-D Buffalo Nickels exist today?
While over 9.4 million were minted, only a fraction remain in collectible condition today, especially in high grades.
How do I get my coin professionally graded?
Visit the websites of PCGS or NGC, create an account, and follow their step-by-step submission instructions. Alternatively, you can take your coin to a local dealer affiliated with these services.
What if my 1920-D Nickel is worn or damaged?
Even worn coins can fetch between $10 to $50, especially if the date and mint mark are legible. Damaged coins are usually valued lower, but they may still interest beginner collectors.
