1937 Nickel Value

Today the 1937 nickel value begins at 45 to 75 cents each. The price is for a heavily worn coin, in what is known as "Good" condition.

Uncirculated 1937 Nickel Value

However, the 1937 nickel is famous because of an interesting and rare variety where the buffalo has only three legs. Find below a description and close up view to help identify this valuable coin.

Two more important elements change how much your buffalo nickel is worth. First mintmarks, they indicate the mint that produced the coin and are valued separately.

Secondly, consider the condition of your coins. The "Uncirculated" 1937 nickel pictured is highly prized by rare coin dealers and collectors because of condition. Huge swings in value follow the better condition coins.

An exciting year with many variables, such as date, mintmarks and the elusive 3 Legged variety contributing to 1937 nickel value.

1937 Nickel Value

  Condition of Coin
Date Good - G Fine - F Extremely Fine
XF
Uncirculated
1937 $0.43 $1.06 $1.73 $16
1937 D $0.43 $1.08 $2.49 $18
1937 D 3 Leg $424 $444 $699 $1,863
1937 S $0.43 $1.30 $2.38 $17
1937 Nickel Value Updated 2014

The chart separates values according Condition and the Mints that produced the coin.

A listing of "1937-D" is a coin minted in Denver, they used a "D" as a mark.

1937 Nickel D Mintmark Location
An "S" is the mintmark used by the San Francisco mint. These two mints placed their mintmark on the reverse below the buffalo. The third mint to strike Buffalo nickels, Philadelphia, did not use a mintmark.

Condition Determines 1937 Nickel Value

In the later years of the buffalo nickel series greater numbers of coins were saved, both from circulation and new from the banks. With many to choose from and many in better condition, collectors favor the high grade buffalos. It takes a very nice coin to break away from being worth a dollar.

1937 Nickel Uncirculated Condition

Uncirculated: A 1937 buffalo nickel in this condition stands out as a superior coin. It never circulated, therefore its surfaces show no signs of wear. Handle coins in Uncirculated condition by their edges to preserve their surfaces. Rotate the coin under a light, examine the cheek of the Indian and upper back of the buffalo for signs of wear, appearing as dullness on the high spots.


1937 Nickel Extremely Fine Condition

Extremely Fine: This coin shows evidence of use but was collected from circulation before to much wear took place. A nice looking coin with abundant detail, although the hair braid is reduced and shows some loss of detail, and on the reverse the small details along the buffalo's back have begun to wear.


1937 Nickel Fine Condition

Fine: Additional wear has reduced the major details and eliminated the finer points of design. Obvious loss of sharpness and an overall smoothness is evident on the entire surface of the coin.


Buffalo Nickel Good Condition

Good: The date is readable, however parts of the numbers are often merged. The rim is no longer separated from the tops of the letters. The roundness of the design to the buffalo has become flat on the hip, stomach, shoulder and head. This coin is at the low side of 1937 nickel value.


Finding the 1937-D 3 Legged Buffalo Nickel

1937-D 3 Legged Buffalo Nickel

Notice the right front leg of the buffalo is missing!

A very distinctive mint made error once you have seen it, the 3 Legged Buffalo variety is popular with collectors and considered necessary to complete a collection. These are two powerful forces driving the value of the 1937-D 3 Leg Buffalo nickel.

The 3 Legged variety is found on nickels minted at the Denver mint. Locate the "D" mintmark, identifying the mint, below the buffalo under the "Five Cents."

Excessive die polishing is believed as the reason too much metal was removed causing the buffalo's leg to vanish. Before the mint realized the error a few thousand had been released into circulation.

Back in the day many of these now valuable nickels circulated freely, the result is 3 legged buffalo nickels are found today showing all degrees of wear. They can turn up in any box of old coins.

Buffalo Nickel Value
Check all your buffalo nickel values with the coin value chart and separate the common from the rare. Rising prices, increasing demand from both collectors and rare coin dealers requires a second look at your coins.


More Old Nickel Values
Including more relating to your 1937 nickel value. These early Buffalo nickels are becoming valuable. Easily find how much your old coins are worth.

Covering the Nickel series from Shield nickels, Liberty, Buffalo and Jefferson nickels. All include value charts, along side grading images to find the accurate value of your old nickels.

Coin Values Discovery... finds the 1937 nickel value and... all old US coin values. It links to all coin series, from Cents to Gold. Value charts, images to judge the all important condition of coins, and a guide to getting the best deal if selling coins.



Top of Page

Coin Images Courtesy
David Lawrence Rare Coins



Date by Date
In depth Buffalo Nickel Value

1913 1921 1930
1914 1923 1931
1915 1924 1934
1916 1925 1935
1917 1926 1936
1918 1927 1937
1919 1928 1938
1920 1929

Finding Rare Nickels!

On occasion rare nickels do turn up... old better date buffalo nickels, valuable silver war nickels, even a few Jefferson nickels and others. Search your box of old coins and discover the possibilities of... Finding Rare Nickels