The hobby of collecting coins
Are you numismatic who loves to collect coins? If you are one then must have definitely heard about the great Indian buffalo Nickel coin. For the people who don’t know what it is, then let me tell you that it is nothing but A copper Nickel 5 cent piece that was struck by the United States mint from the years 1913 to 1938.
It is also called the Indian head Nickel coin and was designed by an ancient famous sculptor called James Earle Fraser.
List of the most famous and most valuable buffalo Nickel coins
- Liberty Head V Nickel of the year 1913 holds an estimated value of $3,737,500
- 7-D Buffalo Nickel from 1918 is worth $350,750
- S Buffalo Nickel (1926) has an estimated market value of of$322,000
- Buffalo Nickel (1916) is worth the amount of $281,750
How are the values of Buffalo Nickel coins estimated?
The amount and the price of these coins can vary ranging from the year it was minted and manufactured, that type of coin, the image it holds, the year in which it was minted, and its strike type.
How can Collecting coins earn you money?
There is a reason why the collection of coins is often referred to as the hobby of Kings. apart from being a very fun hobby to keep, coin collecting can get make you rich if you invest your money in the right type of valuable and economically prized coins.
Why collect buffalo Nickel coins?
According to sources only 100,000 of these coins were minted throughout history and that is why they are extremely rare historical currency pieces. So, if you are an avid coin collector or if you are really thinking of investing your money preserving your history and culture in the form of old currency, then you should definitely go and buy yourself a Buffalo Nickel coin. It not only adds value to your collection but can also earn you use profits if you decide to sell it in the future.
Also, collecting coins especially the precious metal gold and silver coins is not only a preservation of your nationality and geography but can also be financially very rewarding in many ways.