“5-Cent Jackpot: How One Nickel Could Fund Your Next Adventure!”:- Coin enthusiasts have good news. Old five-cent coins can sell for much more than their face value at auction, yet many are still in circulation.
“5-Cent Jackpot: How One Nickel Could Fund Your Next Adventure!”
The best part is that this coin is not rare enough to find worldwide. Many of these pieces are still around, so you may have one in your pocket without knowing it.
All of this turmoil has been caused by the Buffalo Nickel, a five-cent coin that was issued in 1937 and is noted for its unusual appearance. Its collector value can reach up to $18,000.
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A number of the ‘Bison Nickel’ coins, which were issued in 1913 and featured the ‘Liberty Head’ design, are still in use today, almost ninety years after they were first introduced.
Even characteristics that are not particularly valuable make this item unique. While the front of the Buffalo Nickel cent depicts a bison perched on a mound and the inscriptions “United States of America.
E pluribus Unum and Five Cents,” the reverse has a Native American head looking to the right, the word “Liberty,” and the year 1937, which was the year the coin was minted.
Due to the fact that it caused rapid wear, the bison mound was removed from the second iteration of this money, which resulted in certain pieces being extremely rare.
The 5-cent coin that can be worth up to 18 thousand dollars
As usual, though, not all pieces of this design can fetch such a high price at sale. In fact, most of them have been ordinary and have been taken out of circulation by the authorities when they were no longer valuable, like the ones where the mound was worn off very much.
These are the only coins that can reach an exponential value: those with the mint mark “S,” which stands for the San Francisco Mint, and can be sold at auction for high prices.
The Professional Coin Grading Service gives coins different grades based on how well they have been preserved.
A coin in bad condition is graded 35 dollars, while an example graded MS-68 and in near mint condition is graded 18 thousand dollars.
The San Francisco Mint made the fewest of these bills, so they are hard to find. The more popular ones don’t have a mint sign, which means they were made in Philadelphia.
So the market would be full. This design was also made in Denver. These coins are rarer than the ones made in San Francisco, but not as rare as the ones made in Denver.
One in mint condition with an MS68 grade, which is the best grade these coins can get, can fetch $21,000.
The worth of these coins has changed many times over the years. For instance, in 2007, an MS-68 1937 Buffalo Nickel sold at sale for $29,900.
The exact value of your coin will rely on many small details and the time you choose to sell it, so you should look at the pieces to make sure your expectations are realistic.
It’s always a good idea to have a professional appraiser look at the coin and file it as soon as you find it, especially if you plan to keep it. You never know when you might find a treasure.
