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1926 S Buffalo?

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Valued Member
zachlovessix's Avatar
United States
72 Posts
 Posted 12/23/2011  10:03 pm Show Profile   Bookmark this topic Add zachlovessix to your friends list Get a Link to this Message Number of Subscribers
Hey everyone.

I've been doing some research on Buffalo nickels as of late and came across something interesting. The 1926s nickel has a semi low mintage and isn't the easiest date in the set but it has a very large increase in values based on condition. I know that this is true of most coins but this year in particular has a very large jump between VF ($450) EF ($1000) and AU ($3000).

Does anyone know why the jump is so great? Were the dies all weak? I can't seem to find a real specific reason for this.

Thanks
Zach
Pillar of the Community
Jaobler's Avatar
United States
6384 Posts
 Posted 12/23/2011  10:41 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
As is usually the case, the price reflects supply and demand reality. Few 1926-S coins were saved so the supply of high-grade examples does not meet demand. That drives the price up and since Buffalos are very popular there is a lot of demand for better pieces. There are however sufficient worn survivors on the market to meet the demand from more budget-minded collectors. You can easily fill that slot if you can accept a coin in VG or Fine grade.
Bedrock of the Community
United States
20753 Posts
 Posted 12/24/2011  09:12 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
A little also depends on the price guides your using. For example the Red Book shows that coin from G-4 @ $22 and up to $10,000 in MS-63. And also note the quantity minted is only 970,000 meaning as already noted a large factor is price and demand. Being one of the lowest minted coins in the series makes it a prime target for the people that need, want, like those.
Valued Member
zachlovessix's Avatar
United States
72 Posts
 Posted 12/24/2011  09:55 am  Show Profile   Bookmark this reply Add zachlovessix to your friends list Get a Link to this Reply
I understand the supply and demand aspect and the low mintage. Its still crazy to me to have such a large gap in value, the 1909s vdb penny is $1100 in VF and 1400 in EF.... I'm guessing that the penny was save a little more heavily.

All I know is that I'm buying this coin graded when I add it to my set. Its going to be hard to find a coin shop dealer who puts the correct grade on one when the temptation is going to be larger to over grade the year.

Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/24/2011  11:27 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
, zachlovessix!

The svdb (and 1913-I nickels, and 1917-I quarters, and 1964 halves, and 1883 n/c nickels, etc) benefitted from the squirrel effect, by coming out early the first year.

In the case of the 26s nickel, some coins were struck in vf.

Look at the prices on the ridiculously common 1921s dollar in high grades:
MS:
 64    65    66     67
150 1,030 8,060 25,000


Roughly seven times increase per grade!
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