1935 Buffalo Nickel Value Guide: D, S & No Mint Mark Prices and Rare Error Coins Explained

1935 Buffalo Nickel Value Guide: D, S & No Mint Mark Prices and Rare Error Coins Explained

1935 Buffalo Nickel Value Guide: The 1935 Buffalo Nickel remains one of the most collected coins in American numismatic history. Known for its iconic Native American portrait on the obverse and the majestic American bison on the reverse, this five-cent coin continues to attract collectors and investors alike. While millions were minted during 1935, certain varieties, mint marks, high-grade examples, and rare errors can be worth far more than their face value.

Whether you own a 1935 Buffalo Nickel with no mint mark, a Denver (D) mint mark, or a San Francisco (S) mint mark, understanding its value can help you determine whether you have a common collectible or a hidden treasure.

History of the 1935 Buffalo Nickel

The Buffalo Nickel series was introduced in 1913 and quickly became one of America’s most beloved coin designs. Created by sculptor James Earle Fraser, the coin was intended to celebrate the nation’s frontier heritage.

The obverse features a Native American profile created using elements from several tribal leaders, while the reverse displays a powerful American buffalo. By 1935, the Buffalo Nickel had already been in circulation for over two decades and remained a familiar sight in everyday commerce.

Today, collectors appreciate the 1935 issue because it was produced during the final years of the Buffalo Nickel series before the Jefferson Nickel replaced it in 1938.

1935 Buffalo Nickel Mintage Figures

The value of a coin often starts with its mintage numbers.

MintMint MarkMintage
PhiladelphiaNo Mint Mark58,264,000
DenverD12,092,000
San FranciscoS10,300,000

Although millions were produced, finding well-preserved examples has become increasingly difficult, especially with strong details on the buffalo’s horn and the Native American’s hair.

1935 No Mint Mark Buffalo Nickel Value

Philadelphia-produced Buffalo Nickels do not carry a mint mark.

Most circulated examples remain affordable and are commonly found in collections. However, prices rise substantially for coins with minimal wear and excellent strike quality.

GradeEstimated Value
Good (G-4)$1 – $3
Fine (F-12)$4 – $8
Very Fine (VF-20)$10 – $20
Extremely Fine (EF-40)$25 – $40
About Uncirculated (AU-50)$50 – $90
Mint State (MS-63)$120 – $250
Mint State (MS-65)$500+

Coins displaying full details and original luster command the highest premiums.

1935-D Buffalo Nickel Value

The Denver Mint struck over 12 million Buffalo Nickels in 1935.

Collectors often seek high-grade 1935-D examples because strong strikes are less common than many Philadelphia issues.

GradeEstimated Value
Good (G-4)$2 – $4
Fine (F-12)$5 – $10
Very Fine (VF-20)$15 – $25
Extremely Fine (EF-40)$30 – $60
About Uncirculated (AU-50)$70 – $120
Mint State (MS-63)$200 – $400
Mint State (MS-65)$1,000+

Premium-quality examples with attractive surfaces often achieve significant auction results.

1935-S Buffalo Nickel Value

The San Francisco Mint produced the lowest mintage among the three major mint facilities for 1935.

As a result, many collectors place additional demand on the 1935-S issue.

GradeEstimated Value
Good (G-4)$2 – $5
Fine (F-12)$6 – $12
Very Fine (VF-20)$15 – $30
Extremely Fine (EF-40)$35 – $70
About Uncirculated (AU-50)$80 – $140
Mint State (MS-63)$250 – $500
Mint State (MS-65)$1,200+

High-grade examples featuring strong horn details are especially desirable.

Factors That Affect 1935 Buffalo Nickel Value

Several factors influence the value of a 1935 Buffalo Nickel.

Coin Grade

Condition is the single most important factor. Coins with little wear and strong design details are worth significantly more than heavily circulated examples.

Strike Quality

Buffalo Nickels often suffered from weak strikes. Coins with complete horn details and sharp hair features receive greater collector demand.

Original Luster

Mint-state examples retaining original mint luster generally bring higher prices.

Mint Mark

Collectors often prefer lower-mintage Denver and San Francisco issues, which can increase demand and value.

Eye Appeal

A coin with attractive toning, minimal marks, and strong overall appearance can outperform standard price guide estimates.

Rare 1935 Buffalo Nickel Error Coins

Error coins are among the most exciting discoveries for collectors. Some 1935 Buffalo Nickels feature minting mistakes that can dramatically increase value.

Double Die Error

A doubled die occurs when design elements appear duplicated due to a misalignment during the die creation process.

Values can range from hundreds to several thousand dollars depending on visibility and condition.

Off-Center Strike Error

An off-center strike happens when the coin blank is improperly positioned during striking.

Off-Center PercentageTypical Value
5% to 10%$50 – $150
15% to 25%$150 – $500
50% or More$500 – $2,000+

Die Crack Error

Die cracks create raised lines across the coin surface.

Major examples can command substantial premiums among error collectors.

Clipped Planchet Error

These coins feature a missing section caused by a defective blank cutting process.

Values generally range from $50 to several hundred dollars depending on severity.

Lamination Error

Metal impurities sometimes caused portions of the coin surface to peel or flake away.

Collectors often pay strong premiums for dramatic examples.

Most Valuable 1935 Buffalo Nickels Ever Sold

Several high-grade examples have achieved impressive auction prices.

Coin TypeGradeApproximate Sale Price
1935 No Mint MarkMS-67$10,000+
1935-DMS-67$15,000+
1935-SMS-67$20,000+
Rare Major Error CoinVarious$5,000 – $25,000+

Exceptional preservation and rarity drive these impressive values.

How to Identify a Valuable 1935 Buffalo Nickel

If you own a 1935 Buffalo Nickel, check the following:

  1. Look for a D or S mint mark below the denomination on the reverse.
  2. Examine the buffalo horn for visible detail.
  3. Check the Native American’s hair braid and facial features.
  4. Search for unusual doubling or striking errors.
  5. Inspect the coin under proper lighting for original luster.
  6. Consider professional grading for high-quality examples.

Where to Sell a 1935 Buffalo Nickel

Collectors have several options when selling valuable Buffalo Nickels.

  • Coin dealers
  • Coin shows
  • Online auctions
  • Numismatic marketplaces
  • Professional auction houses

Rare errors and high-grade certified examples typically perform best through major auction venues.

Collecting Tips for Buffalo Nickel Enthusiasts

Many collectors pursue complete Buffalo Nickel date-and-mint collections. The 1935 issue is often considered an affordable yet historically significant addition.

Store coins in protective holders, avoid cleaning them, and maintain proper documentation if professionally graded. Cleaning can permanently reduce collector value.

Key Highlights

FeatureDetails
Coin NameBuffalo Nickel
Year1935
Face Value5 Cents
Composition75% Copper, 25% Nickel
Weight5 Grams
DesignerJames Earle Fraser
Mint LocationsPhiladelphia, Denver, San Francisco
Most Valuable VarietyHigh-grade 1935-D and rare error coins
Top Auction PricesSeveral thousand dollars depending on grade and rarity

Final Words

The 1935 Buffalo Nickel remains one of the most popular collectible coins in American numismatics. While common circulated examples may only be worth a few dollars, high-grade pieces, low-mintage varieties, and rare mint errors can be worth hundreds or even thousands of dollars. Whether you own a Philadelphia, Denver, or San Francisco issue, careful inspection and proper grading can reveal the true value of your coin. For collectors and investors alike, the 1935 Buffalo Nickel continues to represent an exciting piece of American coinage history.

FAQs

How much is a 1935 Buffalo Nickel worth today?

Most circulated examples are worth between $1 and $30, while mint-state coins can be worth hundreds or even thousands of dollars.

Where is the mint mark on a 1935 Buffalo Nickel?

The mint mark is located on the reverse side below the words “FIVE CENTS.”

Is a 1935 Buffalo Nickel made of silver?

No. The coin is composed of 75% copper and 25% nickel.

Which 1935 Buffalo Nickel is the most valuable?

High-grade 1935-S and 1935-D examples, along with major error coins, are typically the most valuable.

Should I clean my 1935 Buffalo Nickel?

No. Cleaning almost always reduces collector value and is strongly discouraged.

What makes a Buffalo Nickel rare?

Low survival rates in high grades, rare mint errors, strong strikes, and certified mint-state condition contribute to rarity.

Can a 1935 Buffalo Nickel be worth thousands of dollars?

Yes. Exceptional mint-state examples and rare error varieties have sold for thousands of dollars at auction.

How can I tell if my 1935 Buffalo Nickel has an error?

Look for doubling, off-center strikes, clipped planchets, die cracks, and other unusual characteristics. Professional grading services can verify authenticity.

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