Coin Values Moving with Precious Metals: Up-Dated 4/6/2020: Gold $1626 | Silver $14.54
1924 Nickel Value
The 1924 nickel value ranges from $1.01 for a well circulated coin to over $1,200 for the rare 1924-S Buffalo nickel in "Uncirculated" condition.
1924 is another year that continues the trend of the two branch mint issues, Denver and San Francisco worth far more than the coins minted in Philadelphia. These old nickels were minted at three different locations, each valued separately, with the San Francisco coin as the standout piece.
Next considering condition, your 1924 nickel value can easily rise into a thirty to forty dollar range if in nice condition... and even higher. The "uncirculated" 1924 nickel pictured is worth over $42, its excellent above average condition merits the strong price.
The date, the mint that struck the coin, and very important- the condition. This combination uncovers how much your buffalo nickel is worth.
The 1924 "S" listing is a coin minted in San Francisco, the "D" indicates Denver, and no mintmark was used by the Philadelphia mint.
Find mintmarks on the reverse below the mound along the rim. The four grade categories highlight values of better condition nickels.
|1924 Nickel Value|
| ||Condition of Coin|
| || 1924 Nickel Value Updated || 2020 |
| 1924 || $1.01 || $2.65 || $15 || $42 |
| 1924 D || $5.20 || $20 || $118 || $294 |
| 1924 S || $10 || $58 || $608 || $1,235 |
How to Preserve Your 1924 Nickel Value
The initial impression that registers with a collector when viewing coins is the presence or absence of Original Natural Color. It is what a collector sees as part of eye appeal and you must preserve those qualities to maintain value.
Old nickels when circulated and worn develop a pleasing silvery grey color with deeper shades in the recesses and brighter silver shades on the high points of the design. This "look" develops naturally.
Uncirculated Buffalo nickels - coins with no wear, appear lustrous with either bright mint luster or naturally toned colors over the mint luster. Some collectors prefer toned coins, others only bright ones, but all agree the coin must be natural.
Whatever has happened to your coins by now can not be taken away or undone. How you handle them from now on does help preserve their value.
Natural is the key to any coin's value. Natural wear - natural color. And the biggest enemy to the natural process is Cleaning. Cleaning coins destroys this natural beauty and appeal. Clean your 1924 nickel and you devalue it by eliminating most of the collectors who would normally be interested in the coin.
How to preserve your nickel value - handle carefully by the edges, store in a safe undisturbed place - never clean.
Condition Raises 1924 Nickel Value
Uncirculated: A 1924 buffalo nickel in this condition stands out as a superior coin. It never circulated, therefore its surfaces show no signs of wear. Handel 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.
Extremely Fine: As a coin circulates friction begins to show as a slight loss of detail on the hair braid of the Indian and upper front leg of the Buffalo. Although wear is noticeable your nickel still appears sharp and crisp, and a desirable coin.
Fine: Fur details on the Buffalo's head have worn smooth, also a wide area from the hoof to the top of the shoulder lacks any detail. The date, one the highest parts of the design and subject to rapid wear, is readable. Hair and braid details of the Indian are lacking.
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.
Coin Values | CoinStudy Articles
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In Depth Buffalo Nickel Value
1913 to 1938
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