The world of rare coins is filled with astonishing discoveries, and the 1913-D Type II Buffalo Nickel stands out as one of the most valuable. Recently, a single specimen sold for a staggering $193,447, making it one of the most sought-after coins among collectors. If you’ve ever wondered whether your old coins could be worth a fortune, this guide will provide a deep dive into the 1913-D Type II Buffalo Nickel, its history, rarity, and how to determine if you might have one hiding in your collection.
The Legend of the 1913-D Type II Buffalo Nickel
The Buffalo Nickel, also known as the Indian Head Nickel, was designed by James Earle Fraser and minted from 1913 to 1938. However, the 1913-D Type II is a rare variety due to a mid-year design modification. The original Type I design featured the buffalo standing on a raised mound, but this caused excessive wear on the date and denomination. The Type II version was quickly introduced, placing the buffalo on a flat ground with a clearer inscription.
The Denver Mint (D) produced far fewer Type II nickels compared to the Philadelphia Mint, making the 1913-D Type II one of the rarest and most valuable coins in U.S. numismatics.
Why Is the 1913-D Type II Buffalo Nickel So Valuable?
Several factors contribute to the extreme value of this coin:
- Extreme Rarity: Only a limited number were struck before the design change, and many were lost or heavily circulated.
- Historical Significance: It represents a key transitional period in U.S. coinage.
- Condition (Grade): High-grade specimens (MS65 or above) can fetch six-figure sums at auction.
- Collector Demand: Buffalo Nickels are highly popular, and the 1913-D Type II is the “holy grail” for many collectors.
How to Identify a 1913-D Type II Buffalo Nickel
Not all 1913-D Buffalo Nickels are Type II—most are Type I. Here’s how to tell the difference:
- Type I: The buffalo stands on a raised mound, and the words “FIVE CENTS” are partially obscured by the mound.
- Type II: The buffalo stands on a flat line, with “FIVE CENTS” clearly visible below.
If your 1913-D nickel has a flat ground and clear lettering, you may have a Type II—and potentially a life-changing discovery.
Grading and Valuation: What’s Your Coin Worth?
The value of a 1913-D Type II Buffalo Nickel depends heavily on its condition (grade). Here’s a general estimate:
- Good (G-4): $500 – $1,000
- Very Fine (VF-20): $2,000 – $5,000
- Extremely Fine (XF-40): $10,000 – $20,000
- Uncirculated (MS-60+): $50,000 – $193,447+
Coins graded MS65 or higher have sold for over $100,000, with the finest examples reaching $193,447 at auction.
Where to Find a 1913-D Type II Buffalo Nickel
Since these coins are extremely rare, finding one requires luck and persistence. Possible sources include:
- Old coin collections or inherited coins
- Estate sales and antique shops
- Coin dealers and auctions
- Metal detecting in areas with early 20th-century circulation
If you suspect you have one, consult a professional coin grader (PCGS or NGC) for authentication.
Frequently Asked Questions (FAQs)
1. How many 1913-D Type II Buffalo Nickels exist?
Exact numbers are unknown, but experts estimate fewer than 1,000 survive, with only a handful in mint condition.
2. What’s the difference between Type I and Type II?
Type I has a raised mound under the buffalo, while Type II has a flat ground with clear “FIVE CENTS” lettering.
3. Can a worn 1913-D Type II still be valuable?
Yes, even heavily circulated examples can be worth $500 to $5,000, depending on condition.
4. How do I get my coin graded?
Submit it to PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) for official certification.
5. Are there counterfeit 1913-D Type II nickels?
Yes, due to their high value, fakes exist. Always have rare coins authenticated by experts.
Final Thoughts: Could You Be Sitting on a Fortune?
The 1913-D Type II Buffalo Nickel is one of the most legendary coins in U.S. numismatics, with top-tier specimens selling for nearly $200,000. If you have old coins lying around, take a closer look—you might just discover a rare treasure.
Have you ever found a rare coin? Share your story in the comments! And if you think you might have a 1913-D Type II Buffalo Nickel, get it checked by a professional—it could be worth a life-changing sum!