The 1936 Buffalo nickel is a highly collectible coin, with its value depending on the coin’s condition, mint mark, and any errors present. Here’s a detailed breakdown of the value and characteristics of the 1936 Buffalo Nickel:
1936 Buffalo Nickel Value by Condition:
- No Mint Mark (Philadelphia):
- Good: $1.51
- Very Good: $1.82
- Fine: $2.12
- Very Fine: $2.41
- Extra Fine: $3.50
- AU: $11
- MS 60: $29
- MS 63: $59
- PR 65: $1,253 (proof)
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- 1936 D (Denver Mint):
- Good: $1.51
- Very Good: $1.82
- Fine: $2.12
- Very Fine: $2.41
- Extra Fine: $4.80
- AU: $14
- MS 60: $48
- MS 63: $54
- MS 67: $1,350
- 1936 S (San Francisco Mint):
- Good: $1.51
- Very Good: $1.82
- Fine: $2.12
- Very Fine: $2.41
- Extra Fine: $4.80
- AU: $14
- MS 60: $45
- MS 63: $54
Notable Errors and Their Value:
- 1936 D 3 1/2 Legs Error:
- This rare error involves a bison missing part of its front leg. It can be worth anywhere from $350 to $7,500 depending on condition. Uncirculated coins with this error can sell for up to $16,800 at auctions.
- Re-punched Mint Mark (RPM) Errors:
- 1936 D/D, D/S, and S/S mint mark errors can fetch between $100 and $2,640, depending on the specific error and coin condition.
- Doubled Die (DDO) Errors:
- Coins with doubled die errors can range from $100 to $1,500, depending on the extent of the doubling and the coin’s grade.
Special Coins:
- 1936 Proof Nickels (Philadelphia Mint)
- These coins, produced for collectors, are much rarer and more valuable than standard circulation coins. In proof grades, these can range from $600 for PR 60 grade to $40,250 for PR 68.
- 1936 MS 68 (Mint State 68) Nickels:
- These coins, especially with errors like DDO or RPM, are rare and can command high prices, with some reaching up to $37,375 for the D mint mark version.
Why 1936 Buffalo Nickels Are Collectible:
The 1936 Buffalo nickel features iconic American imagery: the portrait of a Native American chief and a buffalo on the reverse. While many were produced, high-grade examples, proofs, and error coins are prized by collectors. Coins from the Denver and San Francisco mints, especially those with minting errors, can be worth significantly more than those minted in Philadelphia. Collectors and investors alike value these coins for their historical significance and their potential to appreciate in value.
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