The value of a 1935 Indian Head (or “Buffalo”) nickel varies significantly based on its condition, mint mark, and any errors present. A heavily worn example might be worth only a few cents above its face value, while a pristine, uncirculated specimen could command hundreds or even thousands of dollars. The presence of a “D” mint mark (denoting the Denver Mint) generally adds a premium, especially in higher grades. Certain varieties, such as the “three-legged” buffalo, are considered rare and highly sought after by collectors.
Understanding the factors influencing the price of these nickels is crucial for both collectors and individuals who may have inherited or discovered them. Numismatics, the study of currency, relies on accurate pricing to facilitate fair transactions and preserve historical context. The 1935 nickel, designed by James Earle Fraser, holds historical significance as a depiction of Native American and American bison imagery. Its value reflects not only its metal content but also its artistic merit and place within American history.
