Coin Values Moving with Precious Metals: Up-Dated 2/22/2021: Gold $1794 | Silver $27.35
1928 Nickel Value
Today the 1928 nickel value begins at 80 to 85 cents each. The price is for a heavily worn coin, in what is known as "Good" condition.
This date buffalo nickel is becoming increasingly scarce, any you find has good value. Also, these old nickels were minted at three different locations, each valued separately, with the San Francisco mint coin as the standout piece.
Next, condition plays an important role in the 1928 nickel value. Examine each carefully, the amount of wear or lack of it determines how much your coin is worth.
The Buffalo nickel pictured is a very nice "uncirculated" example and is eagerly sought by collectors and rare coin dealers.
With a high starting value the 1928 Buffalo nickel is a nice little treasure to find in your box of old coins.
The chart separates values according to condition and the Mints that produced the coin.
A listing of "1928-D" is a coin minted in Denver, they used a "D" as a mark. 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.
|1928 Nickel Value|
| ||Condition of Coin|
| || 1928 Nickel Value Updated || 2021 |
| 1928 || $0.80 || $1.82 || $10 || $28 |
| 1928 D || $0.72 || $3 || $27 || $42 |
| 1928 S || $0.87 || $2 || $23 || $165 |
Rare Condition Returns High 1928 Nickel Value
The 1928 nickel is not considered a rare coin, with over 23 million minted in Philadelphia, and a starting value of 45 cents to a dollar in worn condition, many are available. Even in uncirculated condition few of these stand out as superior to the rest.
Excitement is created when any remarkable coin is auctioned. The consignor of a splendid 1928 nickel to Stack's Rare Coin Auction watched as the bidding pushed the final price to $690.
What raises this Buffalo nickel value above $600 is the radiating silver white luster, as if the coin was minted today. Combine this brilliant luster with mark free surfaces and few other 1928 nickels are as nice.
Finding Accurate 1928 Nickel Value
Collectors and dealers judge the condition of old buffalo nickels very carefully. They are seeking the best preserved coins for either their collections or their customers. The system evaluates the coin and determines a Grade allowing for an agreeable value.
Uncirculated: This grade is reserved for a coin that never entered circulation. No wear is evident on its surfaces. Buffalo nickels in this condition do not show friction from use on the high points of the Indian's cheek and on the reverse, check the top of the Buffalo's head for any signs of wear.
Extremely Fine: The shine of a new coin has disappeared from the surfaces. Slight wear has begun to show on the hair details of the Indian. On the reverse look for wear in the area of the front shoulder and upper back. Overall, still a well defined, collectible 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 bold design is still evident on a nickel in this condition. It is the appealing trait of the series. The date and rims are the clues to the grade, rims worn into the legends and an almost smooth date are what keep this coin from a higher grade.
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Buffalo Nickel Value
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