Rare 1937-D Buffalo Nickel : Many people overlook the change sitting in jars or drawers, but one specific coin — the 1937-D Buffalo Nickel — might turn out to be surprisingly valuable. This isn’t just an ordinary nickel; a rare error version, known as the “three-legged” variety, has become a prized find among collectors. If you happen to own one, it could be worth thousands of dollars.
The Buffalo Nickel’s Unique Design and History
The Buffalo Nickel, officially called the Indian Head Nickel, was produced between 1913 and 1938. It features a Native American profile on the front and an American bison on the back. This classic design is one of the most iconic in U.S. coin history. The 1937-D version, however, stands out because of a rare minting mistake.
What Makes the 1937-D ‘Three-Legged’ Nickel Special
In 1937, at the Denver Mint, some Buffalo Nickels were struck with a visible flaw — the front leg of the buffalo on the reverse side is missing. This error happened when mint workers over-polished a damaged die, causing one leg to disappear from the design. Because only a limited number of these flawed coins were released, their scarcity drives high demand and high prices today.
How to Identify the Rare Version in Your Change
At first glance, the 1937-D Buffalo Nickel may look like any other old coin. But if you examine it closely, especially under a magnifying glass, you may spot the missing front leg on the buffalo. Also, check for the small “D” mint mark just below the words “FIVE CENTS” on the reverse. Both the missing leg and the mint mark are needed to confirm it’s the valuable version.
Why Condition Greatly Affects Value
Just like with most collectibles, condition is key. A 1937-D “three-legged” Buffalo Nickel in well-preserved, uncirculated condition will be worth far more than one that’s heavily worn or damaged. Collectors often pay premiums for coins with sharp details, clean surfaces, and minimal wear.
The Thrill of Checking Your Old Coins
Even if you don’t find this specific rare nickel, going through old coins can be both fun and rewarding. Other Buffalo Nickels — especially those with early dates or clear mint marks — can also have value. But finding a 1937-D with three legs is like winning the coin collector’s lottery.
What to Do If You Think You Have One
If you suspect you’ve found a 1937-D “three-legged” Buffalo Nickel, don’t spend it. Instead, send it to a trusted coin grading company like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company). These experts will examine and officially certify the coin’s authenticity and condition, which can help you determine how much it’s really worth.
Don’t Ignore That Dusty Coin Jar
Before you roll up your coins or take them to the bank, it’s worth taking a few extra minutes to check them — especially any older nickels. That forgotten piece of change could be one of the rarest and most valuable coins ever released by the U.S. Mint. The next big discovery might be sitting quietly in your own home.
