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Buffalo Nickel - Which One Do You Consider The "Key"

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lukkyseven's Avatar
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880 Posts
 Posted 07/22/2011  08:21 am Show Profile   Bookmark this topic Add lukkyseven to your friends list Get a Link to this Message Number of Subscribers
So lets have at it. Which is "The Key" in your opinion. I guess it depends on the condition that you're collecting, but I keep seeing the 1913-S T2 come up on these forums.

In my opinion the key has to be the 1926-S. Am I wrong? I understand that the 13-S is more expensive than the 26-S up until about XF condition, but after that there are multiple examples of Buffs costing more than the 13-S. Now you could go strictly off of mintage and that would make the 26-S "the key" simply due to rarity.

Just wondering about some opinions.
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oih82w8's Avatar
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 Posted 07/22/2011  08:29 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Are you wrong? No, but people will have different opinions.

Some major coins vary in value depending on the condition; expensive on the low end, with moderate to little growth towards the high end (1931-S Lincoln for example).

I would consider the value versus mintage.

1913-S Type II seems to be a contender though, not counting the errors which some albums have positions for.

Being a Type Collector, my goal for the Buffaloes would be to have a 1913 Type I and Type II, kinda like the V-Nickles, Standing Liberty quarters, etc...having two distinct types within one year.
Edited by oih82w8
07/22/2011 08:53 am
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lukkyseven's Avatar
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 Posted 07/22/2011  08:40 am  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
I guess I should have mentioned the errors or varieties. I was only counting coins that were intended to be minted (so no 18/17 or 3 leg).
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oih82w8's Avatar
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 Posted 07/22/2011  09:00 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
...or 1914/3, 1916 double die, 1938 D/S, I believe that there was a Two Feather variety or two out there, etc...

Sorry, could not resist!

Here is what is posted on the PCGS site;

The keys to the set are well known - the 1916 double die variety, the 1918/7-D, and the famous 1937-D three legged Buffalo among them. There are also some less obvious stoppers within the series. The San Francisco coins of 1923, 1920, and 1927 are all actually rarer than the famous three-legged '37-D. Though there are some tough coins, this series is now and forever a favorite of collectors.
http://www.pcgs.com/SETREGISTRY/Com....aspx?c=2511
Edited by oih82w8
07/22/2011 09:00 am
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lukkyseven's Avatar
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 Posted 07/22/2011  09:28 am  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
And this would be another instance of a TPG telling us what the rareties are (and of course they make it a variety). I would argue that Dansco and Whitman have a bigger influence over what the rare coins are because they put the slots in the album.

This is why I should ammend the orignal post and state that I'm not interested in the varriety and error coins. I understand that a lot of people are (I actually own a 3 legger). I'm more interested to see if people think it's a key based on condition rarety - low grade 13-s T2 is worth more than the 26-s or the 26-s BU being worth more than a 13-S T2.
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paleoguy45's Avatar
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 Posted 07/22/2011  10:49 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I agree with you on the rarity issue. I'm trying for an AU and above set with the exceptions of the 18/7-D (NGC F12)and 3legger (NGC VF (Det.)). I'm almost there and it's been one of the most satisfying hunts of my collecting career. Here's one of the keys we agree upon. Several of those "S" minted guys are tough.

Buffalo-Nickel---Which-One-Do-You-Consider-The- Buffalo-Nickel---Which-One-Do-You-Consider-The-
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mycrob's Avatar
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2602 Posts
 Posted 07/22/2011  10:50 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
13S T2, 21S, 24S in higher grades, 26S in higher grades, 31S in higher grades are all keys. Other mint marked teens are keys in higher grades and 13D T2 is also very tough. This series is full of keys and semi-keys because of so many teens wearing down. The 20s wore down, but not as badly, largely because they were extracted from circulation before they had time to wear down, making the 20s a little easier.

This also explains why the 26-S & 31-S in low grades are still reasonably priced, even though it's the lowest or 2nd lowest mintage- These dates are readily available in low grades
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mycrob's Avatar
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2602 Posts
 Posted 07/22/2011  10:51 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Oh and because of all the condition rarities in this series, part of the answer as to what is a key depends on what your goal is- to collect the whole set regardless of condition, or collect a set partly on condition within your budget, or to collect a high-end grade set (very challenging and expensive!)
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CaptainFwiffo's Avatar
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4132 Posts
 Posted 07/22/2011  11:15 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
For me it's those later date San Francisco issues. 1915-S is the only hole I have in the teens.
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johnny54321's Avatar
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4849 Posts
 Posted 07/22/2011  12:01 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
13S T2, 21S, 24S in higher grades, 26S in higher grades, 31S in higher grades are all keys.


I agree with you on all but the 31-s I always thought the 31-s was relatively easy in high grade(I used to own one), though overall I'd consider it a semi-key.
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Hambone's Avatar
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609 Posts
 Posted 07/22/2011  12:31 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
If your looking at mintage, 1926S is the lowest at 970,000.
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lukkyseven's Avatar
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880 Posts
 Posted 07/22/2011  12:36 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
Couldn't agree with you guys more! I'm doing a high AU and above grade set as well. I just started and I don't plan on finishing it for quite some time though. The big boys for me are going to be the 21,24 and 26 S coins.
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IHPO8S's Avatar
United States
374 Posts
 Posted 07/22/2011  2:43 pm  Show Profile   Bookmark this reply Add IHPO8S to your friends list Get a Link to this Reply
14d in ms 65 or higher.
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United States
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 Posted 07/22/2011  8:22 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I never noticed the low mintages of some of those. Now something to check out at coin shows. Those low mintage ones usually just don't pop up when people start mentioning them. The error coins are a real mess. More and more are popping up all the time. And once Whitman and/or Dansco puts a slot in their Albums, it sort of makes that an official coin to many people. So as usual, is it or isn't it. Are they or could they be a key? Need a 1916 double die for your set?
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lukkyseven's Avatar
United States
880 Posts
 Posted 07/22/2011  10:10 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
I most certainly would like to have one, but I don't think that I'll ever put it in my Dansco. There is no way I could afford one to match the look of my set.
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