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Collecting Indian Head Nickels

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New Member

United States
9 Posts
 Posted 10/25/2020  08:34 am Show Profile   Bookmark this topic Add Walela to your friends list Get a Link to this Message
Can anyone tell me why or explain why, Indian Head nickels don't seem to have the same value as other coins? I am new to coin collecting and prior to reading articles and informative posts(on here), I always believed any old coins are valuable.

I am asking specifically about Indian Heads because recently I found a 1936 in beautiful condition. You can see all the details without a magnifying glass. I was surprised to find out what the approximate value is.

Thanks for your time.
Pillar of the Community
Canada
3189 Posts
 Posted 10/25/2020  08:48 am  Show Profile   Check silverwolf's eBay Listings Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
Mintage numbers ,condition, and demand .. These are the 3 biggest factors that determine a coins value.. Age less so..
Valued Member
United States
326 Posts
 Posted 10/25/2020  08:49 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
I can only speculate without a picture...?
There were nearly 119 million minted that year thus making it a common date.
Who told you what the value was?
Give us some pictures of your beautiful Indian nickel (we love pictures) and we'll give you our best estimation.
Look forward to your pics!
smat
Bedrock of the Community
United States
36474 Posts
 Posted 10/25/2020  08:58 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Photos please.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Bedrock of the Community
Learn More...
United States
52124 Posts
 Posted 10/25/2020  09:26 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, pics are important. Many Indian Head nickels are worth small fortunes in better grades. Your 1936 just happens to be among the most common dates.



to the CCF!
New Member
United States
9 Posts
 Posted 10/25/2020  4:59 pm  Show Profile   Bookmark this reply Add Walela to your friends list Get a Link to this Reply
I'll post pics, as soon as I can. For the value, I just looked it up on the internet and compared mine to other photos.

Pillar of the Community
United States
1431 Posts
 Posted 10/25/2020  9:42 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Agreed, pictures certainly help. Adding to what others have said, survival rate is another factor, which goes hand in hand with other factors. In lower grades, buffs are readily available, and relatively inexpensive compared to other series. Prices do rise in AU like most series, but really jump in MS. A lot of this has to with the striking issues with this series in combination with the overall survival rate of higher grades for certain years. You can pick up a 1926-s for under $100 in Fine, but an MS-65 will set you back 6 figures.
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United States
2662 Posts
 Posted 10/25/2020  10:23 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
You also have to take into consideration that there is no PM (precious metal) in Bison Nickels, for example a beat up winged liberty dime has almost $3 in silver, so in a lower grade a bison nickel will be much cheaper.

You can do a set of Bison nickels inexpensively if you want, but you can also do a winged liberty one inexpensively also. But due to the precious metal content of the dime, the dime collection will generally cost you more for the same grade (not including key dates or semi keys) on the common dates.
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United States
620 Posts
 Posted 10/26/2020  12:42 am  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
Pillar of the Community
United States
620 Posts
 Posted 10/26/2020  2:06 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
Now, here's a 1936 Buffalo nickel (that's what my gpa called them) that I wish I could afford. https://www.ebay.com/itm/1936-5C-Pr....m1438.l2649
New Member
United States
9 Posts
 Posted 11/03/2020  03:38 am  Show Profile   Bookmark this reply Add Walela to your friends list Get a Link to this Reply


jpg
Bedrock of the Community
United States
36474 Posts
 Posted 11/03/2020  04:25 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Sorry,you are going to need to post clear photos properly cropped before you post them for us to help you.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
New Member
United States
9 Posts
 Posted 11/03/2020  4:59 pm  Show Profile   Bookmark this reply Add Walela to your friends list Get a Link to this Reply
Thanks, John. To me, they looked clear when I was posting them. Now, I'm looking at them and I am not seeing clarity. Have a good day.
New Member
United States
9 Posts
 Posted 11/03/2020  5:04 pm  Show Profile   Bookmark this reply Add Walela to your friends list Get a Link to this Reply
twslisa: Now that Indian head is gorgeous. I would love to be able to afford it also. Thanks for the link.
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United States
1471 Posts
 Posted 11/03/2020  5:14 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
It's a regional thing.

Here in Central Ohio, we used to be a Rail Road Hub, lots of visitors spending their nickels. It is not impossible to find one in change, even today. Very difficult, but far from impossible. Nickel is a very durable metal. It holds up very well. Meaning that they lasted in circulation long after Cents and silver coins had worn down and been discarded.

What that means is that people did collect them out here, but they were so common that places like mine have boxes of them for 50 cents a peice. Not key dates mind you but common dates. The other problem is that there are, believe it or not, more expensive coins in this set than in a Lincoln Wheat cent collection. By which I mean the number of coins with a healthy premium in just "good" condition are greater than in a LWC collection. MOST LWC collections are only missing the big three. The rest can be found in hole filler condition for less than $10 each...usually much less. People tend to get sticker shock with the buffs and then give up.

Still they sell fairly well out here. I make buying trips to the west coast on occasion and buffs just don't sell that well in Northern California. I, in fact, bought one dealers entire inventory ( in a tupperware container!) for $200, because he just could not sell them. To be strictly honest this was not a good deal for the man who sold them as there was a bit over $200 in face value. He just wanted them gone and out of his hair that bad!

It's like Comics. People find 50 year old comics and think they must be a fortune. When in reality due to the number printed and the condition they are worth only a couple of bucks each.

Don't get discouraged. We all started somewhere
Edited by jmkendall
11/03/2020 5:16 pm
New Member
United States
9 Posts
 Posted 11/05/2020  05:21 am  Show Profile   Bookmark this reply Add Walela to your friends list Get a Link to this Reply
Thanks everyone. When I found the coin, I was excited, mainly because the Indian resembles my late father and brother.

JM Kendall: That's an interesting story. My husband and I both are from the Bay Area, Northern CA. I would have loved to have come across a deal on Indian heads. Most of the coins I keep, come from the casino down the street.

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