Buffalo nickels, minted from 1913 to 1938, are also known as Indian heads. The Buffalo nickel value depends on a lot of factors. It can range from a few cents to thousands of dollars. Common dates in well-circulated grades are worth around 40 cents each. Key dates in pristine uncirculated condition can go for more than a thousand dollars.

The first designer

Theodore Roosevelt was the president of the United States in the first few years of the 20th century. He expressed his distaste for the artistic designs of the coinage of America. So, the US Mint hired sculptor Augustus Saint-Gaudens to revitalize the said designs. He died in 1907 before his designs were ever put onto coins.

A call for a new design

In 1911, Frank MacVeagh was the Treasury Secretary of the country. His son pointed out that the 5-cent piece of the US coinage was one of the country’s most iconic coins. He also claimed that it deserved a beautiful design. New designs for the nickel were then taken into consideration.

Interesting

The Indian head and buffalo

A sculptor who apprenticed alongside Saint-Gaudens approached the US Mint. It was James Fraser. He submitted design after design. High-ranking employees of the US Mint found it difficult to choose among the designs. They leaned towards the design with President Lincoln on the front. After some time, they decided to go with a Native American theme. They preferred the sketch of the Indian head and the buffalo.

The introduction

The Buffalo nickel started to circulate on the fourth of March, 1913. The citizens of the United States held its design in high regard. The representation of the historical roots of the United States touched the Americans.

Nowadays, a lot of people consider the Buffalo nickel as a collector’s item. Completing a set of Buffalo nickels is such a challenge. The condition of these nickels is everything.

Collecting coins is a very rewarding experience, not because its an appreciating collection but because it’s one of those things that will last forever. Coin collection is a very unique collection because it’s one of those collections that has a market. There are websites out there that are appraising coins and it saves people a lot of time looking for a good reference.

Today with all the information that is circulating online it’s not that hard finding a good appraisal person isn’t actually needed. These sites follow the latest market trends so its safe to say that their appraisal values are on point, its also a seamless way to pep on the price whenever you need a quick reference whenever you want to buy, sell or trade your coins. Basically the perfect tool for coin collectors. But the question remains, why should you be a coin collector?

Coins have a historical value: Coins are pretty interesting because it doesn’t have a short story in its years, it actually has a long history that can pass as a good bedtime story. The more significant the value is, the pricier it is. The more rare and more historically significant the coins are the more story that people will be able to have for it. Once you have that story you know it will spark some interest in a sale or trade.

coin collectors

It doesn’t take up space: One of the good things about coin collection is that it doesn’t take up too much space. In fact. Even if you have a small space you can still have a good amount of coin collection. Think about it, with some collection you need to allow really good space for it with coin collection even a small office setup will do. This is a good thing because of the collection can be organized tightly, and still, it can be well maintained easily.

The sense of achievement is there: There’s a good thing about coin collecting is that there is a sense of achievement. Sure, other collections have that too, but with coins, because there is too much history in collecting it that the sense of achievement will not wear off. That can actually be a double-edged sword since that can make you get excited and collect more coins.

Is there a darn good reason why collecting coins can be a good hobby? There are actually a lot of reasons. But the main reason is that coins are an appreciating asset, it has historical value, doesn’t taKe up too much space and the sense of achievement is there. Not to mention, appraising it is very easy these days.