Imagine cleaning out your grandfather’s old winter coat only to find a small, worn coin that would change your life forever. That’s exactly what happened when a rare Buffalo Nickel, specifically a 1913 Liberty Head variety, was discovered and later sold for an eye-watering $5.2 million.
This extraordinary tale has reignited public interest in vintage coins and reminded many that hidden treasures could be closer than we think.
What Is the Buffalo Nickel?
The Buffalo Nickel, also known as the Indian Head Nickel, was minted from 1913 to 1938. The front typically features the profile of a Native American, while the reverse shows a powerful American bison.
However, in early 1913, a very limited number of Liberty Head nickels were minted before the official design change. These rare 1913 Liberty Head Buffalo Nickels were never released for circulation and are among the rarest coins in U.S. history.
Why the 1913 Liberty Head Buffalo Nickel Is So Valuable
Only five known examples of the 1913 Liberty Head Buffalo Nickel exist. Their value stems from their extreme rarity, historical significance, and condition. These coins were likely created unofficially and smuggled out of the U.S. Mint.
One such coin was recently discovered in a coat pocket and sold for $5.2 million, making it one of the most valuable coins ever sold.
Value of Rare Buffalo Nickels
| Coin Type | Year | Estimated Value |
|---|---|---|
| 1913 Liberty Head Buffalo Nickel | 1913 | $5.2 million |
| 1937-D “Three-Legged” Buffalo | 1937 | Up to $150,000 |
| 1916 Doubled Die Obverse | 1916 | Up to $85,000 |
| 1918/7-D Overdate Buffalo | 1918 | Up to $70,000 |
These numbers show that not all Buffalo Nickels are equal—the year, mint mark, and errors can dramatically increase value.
How It Was Found: A Coat Pocket Surprise
The lucky family who uncovered the coin had no idea what they were holding. It was tucked away in a wool overcoat belonging to a late relative, untouched for decades.
The coin had minimal wear, was authenticated by experts, and quickly attracted the attention of elite collectors, culminating in a record-breaking private sale.
Key Identifying Features of the $5.2M Nickel
To the untrained eye, this nickel might appear ordinary. However, collectors should look for:
- The date “1913” on the obverse (front)
- Liberty Head design instead of the standard Native American
- No official mint release records
- Sharp detail and minimal wear
These features indicate a genuine rarity that can command massive sums.
What To Do If You Find a Rare Nickel
Here’s a step-by-step guide if you think you’ve found a valuable coin:
- Do not clean it – Cleaning reduces value.
- Check the date and design – Focus on unusual or early dates.
- Consult a professional – Use certified grading services for authentication.
- Store it safely – Protect it in a non-PVC holder or secure case.
Even coins in worn condition can fetch thousands if they’re rare or misprinted.
The Impact of the Discovery
Beyond the incredible financial gain, this discovery has boosted interest in coin collecting and family heirlooms. It serves as a reminder that some of the most valuable items might already be in your home—hidden in pockets, jars, or drawers.
The family that made the discovery reportedly used the funds to invest in education, housing, and a charitable foundation. It’s a life-changing amount of money from an object many wouldn’t give a second glance.
The tale of the $5.2 million Buffalo Nickel found in a coat pocket is more than just a story about money—it’s about history, rarity, and the thrill of discovery.
Whether you’re a seasoned collector or just someone clearing out an attic, the next million-dollar find could be right under your nose.
Always be on the lookout for vintage coins, especially those with odd designs, early dates, or minting errors. You might just stumble upon a fortune—and a story worth telling for generations.
FAQs
How can I tell if my Buffalo Nickel is valuable?
Look for unusual dates like 1913, mint errors, or Liberty Head designs. Coins in good condition with these traits are highly collectible.
What’s the most valuable Buffalo Nickel ever sold?
A 1913 Liberty Head Buffalo Nickel recently sold for $5.2 million, making it the most expensive in the series.
Should I clean an old coin before appraisal?
No. Cleaning can significantly reduce a coin’s value. Always consult a coin expert before taking any action.