CoinValue

1916 Buffalo Nickel

1916 | P | Mintage: 63,498,066 | 75% Copper, 25% Nickel
$2 – $1,700
Scan Yours — Free
Obverse of Buffalo Nickel showing Native American chief profile facing right

Obverse

Reverse of Buffalo Nickel

Reverse

The 1916 Buffalo Nickel was minted at the Philadelphia Mint with a mintage of 63,498,066. Values range from $2 in lower grades to $1,700 in top condition.

CoinValueDB Value Estimate

$1.60 – $65,000

Based on 2 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $3,094 High: $65,000 Low: $2 2 sales 23 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$6
Very Good (VG-8)$3
Fine (F-12)$9
Very Fine (VF-20)$6
Extremely Fine (EF-40)$20
About Uncirculated (AU-50)$24
Mint State (MS-60)$64
Choice Mint State (MS-63)$138
Near Gem (MS-64)$250
Gem Mint State (MS-65)$343
Superb Gem (MS-66)$850
Superb Gem+ (MS-67)$1,925

About the Buffalo Nickel

The Buffalo Nickel series ran from 1913 to 1938. James Earle Fraser designed the coin to capture the American West. Fraser chose a Native American profile for the obverse and an American bison for the reverse. The Treasury Department selected his design to replace the Liberty Head nickel. The 1913 design featured the bison standing on a mound, but the mint quickly changed this to a flat line to protect the coin's date from wear. The series ended in 1938 when the Jefferson Nickel replaced it. The United States Mint produced the final Buffalo Nickels in 1938 at the Denver, Philadelphia, and San Francisco mints.

Coin Details

Designer
James Earle Fraser
Composition
75% Copper, 25% Nickel
Weight
5
Diameter
21.21
Edge
Reeded
Series
Buffalo Nickel (1913-1938)

Collecting Buffalo Nickel Coins

Start your collection with common dates from the 1930s to learn the series without high costs. Many Buffalo Nickels suffer from weak strikes, so check the details on the bison's hip and the Indian's cheek. The date on these coins wears away easily, and many specimens appear as 'dateless' in bulk bins. Avoid paying premiums for dateless coins unless you plan to use a date-restoration acid. Beware of altered dates on 1914/3 overdates or 1918/7-D coins, as counterfeiters often add or change numbers on common dates to mimic these rarities.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1916 Buffalo Nickel worth? +
A 1916 Buffalo Nickel is worth between $2 and $1,700 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1916 Buffalo Nickel coins were made? +
The Philadelphia Mint produced 63,498,066 1916 Buffalo Nickel coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1916 Buffalo Nickel a key date? +
The 1916 Buffalo Nickel is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
How much is a 1916 Buffalo Nickel worth? +
A 1916 Buffalo Nickel in average circulated condition typically sells for $1 to $5. Uncirculated specimens command higher prices, often ranging from $50 to over $200 depending on the specific grade assigned by a grading service.
Is the 1916 Buffalo Nickel rare? +
The 1916 Buffalo Nickel is not rare. With a mintage of 63,498,066, it is one of the more common dates in the Buffalo Nickel series.

Related Buffalo Nickel Coins

Have a nickel? Scan it now.

Get instant identification, condition grading, and market value.

Scan Now — It's Free