CoinValue

1938 D Buffalo Nickel

1938 | D | Mintage: 7,020,000 | 75% Copper, 25% Nickel
$1.5 – $1,975
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Obverse of Buffalo Nickel showing Native American chief profile facing right

Obverse

Reverse of Buffalo Nickel

Reverse

The 1938 D Buffalo Nickel was minted at the Denver Mint with a mintage of 7,020,000. Values range from $1.5 in lower grades to $1,975 in top condition.

CoinValueDB Value Estimate

$1.50 – $8,500

Based on 6 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $440 High: $8,500 Low: $2 6 sales 27 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$2
Very Good (VG-8)$3
Fine (F-12)$5
Very Fine (VF-20)$6
Extremely Fine (EF-40)$11
About Uncirculated (AU-50)$27
Mint State (MS-60)$38
Choice Mint State (MS-63)$57
Near Gem (MS-64)$55
Gem Mint State (MS-65)$72
Superb Gem (MS-66)$105
Superb Gem+ (MS-67)$300

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 1938 D Buffalo Nickel worth? +
A 1938 D Buffalo Nickel is worth between $1.5 and $1,975 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1938 Buffalo Nickel coins were made? +
The Denver Mint produced 7,020,000 1938 Buffalo Nickel coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1938 D Buffalo Nickel a key date? +
The 1938 D 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 1938-D Buffalo Nickel worth? +
In circulated condition, this coin typically sells for between $10 and $50. Uncirculated examples command much higher prices, often exceeding $200 depending on the specific grade.
Is the 1938-D Buffalo Nickel considered rare? +
It is not rare in terms of total population, but it is a semi-key date due to its low mintage of 7,020,000. It is much scarcer than the 1938-S Buffalo Nickel, which had a mintage of 4,105,000.

Related Buffalo Nickel Coins

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