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NICKEL FIVE-CENT PIECE 1913-1938 Indian Type II

Front - 1913 indian head nickel type 2 Back - 1913 indian head nickel type 2

Description

The Type II Buffalo nickel is similar to the Type I of 1913 except for the reverse. The Type II features a restyled area at the bottom of the reverse. The "buffalo," previously standing on a raised mound is now on a line or plane. The inscription FIVE CENTS, earlier on the mound, is now in a recessed portion below the line, thus protecting it from wear. This style was produced from 1913 through the end of the Buffalo motif in 1938.

The type set collector will have no difficulty in obtaining one of the more common issues of this style, perhaps a piece in the 1930s. Examples are available in all grades from About Good through superb Uncirculated. Most surviving Buffalo nickels show areas of light striking in one part of the design or another, with the high parts of the Indian's head often being indistinct. Indeed, certain issues of the Denver and San Francisco mints in the 1920s are nearly always weakly struck, with 1926-D being particularly egregious in this regard. Matte Proofs were minted from 1913 through 1916 and closely resemble business strikes except that the Matte Proof issues have brilliant squared-off edges and rims and have a microscopically granular surface, unlike the mint "frost" of most business strikes. Often an expert must be enlisted to tell the difference.

Valuation

Sharply struck and minutely detailed business strike Buffalo nickels of any date are scarce. In 1936 and 1937 Proofs of the brilliant finish were produced.
COIN NAME
NICKEL FIVE-CENT PIECE 1913-1938 Indian Type II
DESIGNED BY
James E. Fraser
ISSUE DATE
1913-1938
COMPOSITION
0.75 part copper, 0.25 part nickel
DIAMETER
21.2 mm
WEIGHT
77.16 grains (5 grams)
EDGE
Plain
BUS MINT
1,174,464,771
PROOF MINT
4,439 Matte Proofs; 10,189 Proofs with brilliant finish

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.