Home Finance BUFFALO NICKEL: THE DIFFERENT GRADES

BUFFALO NICKEL: THE DIFFERENT GRADES

The long line of Buffalo nickels is on the top of the list for a lot of collectors. Only a few survived the years in excellent shape because of the heavy circulation. Collectors want the coin in the greatest condition possible.

Getting a coin, especially the 1936 Buffalo nickel, in great shape is not always an easy task. The assessment of the condition of a coin is the first step in completing a set. A professional coin grading company judges the condition of the coin. You can also check the specifications below if you are out of budget or have no time to visit one.

Uncirculated

These are coins kept in a safe spot after production. These were never used in public commerce so there are no signs of wear. A well-preserved coin still has the mint’s original luster giving it a wonderful shine.

Extremely fine

Buffalo nickels circulated only for a short period often receive this grade. If you inspect these coins by the naked eye, there is not much damage. A closer inspection will let you see some scratching on the surface.

Value in the Old Things

Fine

This is the grade for most Buffalo nickels used in commerce often. You can see light scratches and other blemishes on its surface. The damage is not too much and the imagery and inscriptions are still intact. The cheekbone of the Indian Head and the front legs of the Buffalo often receive the most damage.

Good

Buffalo nickels were in heavy circulation so a lot of these coins get this grade. There is heavy damage on the coin, like scratching, chipping, or bending. Though damaged, these coins are still collectibles.

Although you can grade the coin by yourself, it is best to bring it to a professional. Most collectors would only buy a coin if a coin grading company determined its value.

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