The 1938-D/S Buffalo Nickel stands as a remarkable piece in numismatic history, celebrated for its unique over-mintmark variety and its place as the final year of the Buffalo nickel series.
Collectors and enthusiasts alike treasure this coin for its distinctive features and the intriguing story behind its production.
Understanding the 1938-D/S Buffalo Nickel
The Buffalo nickel, officially known as the Indian Head nickel, was minted from 1913 to 1938. Designed by sculptor James Earle Fraser, it features a Native American on the obverse and an American bison on the reverse.
The 1938-D/S variety is particularly notable due to its over-mintmark error, where a ‘D’ mintmark was stamped over an ‘S’ mintmark.
Minting Process and Over-Mintmark Error
In 1938, the Denver Mint produced Buffalo nickels, and the San Francisco Mint did not mint any that year.
However, some dies intended for San Francisco were repunched with a ‘D’ mintmark and used at the Denver Mint, resulting in the 1938-D/S over-mintmark variety.
This error was first identified around 1961 and has since become a sought-after item among collectors.
Identifying the 1938-D/S Buffalo Nickel
To identify the 1938-D/S Buffalo Nickel, examine the reverse side where the mintmark is located.
The ‘D’ mintmark should be centered over the ‘S’ mintmark, with remnants of the ‘S’ visible inside the ‘D’ and portions of the ‘S’ protruding from the upper-right side of the ‘D’.
This distinctive feature sets the 1938-D/S apart from other Buffalo nickels.
Value and Rarity
While the 1938-D/S Buffalo Nickel is not exceedingly rare, its unique over-mintmark error makes it valuable to collectors. The coin is often well-struck with excellent luster, contributing to its desirability.
In circulated condition, it can be worth between $5 and $50, with higher values for coins in better condition or those with stronger over-mintmark visibility.
Grading and Condition
The value of the 1938-D/S Buffalo Nickel is significantly influenced by its grade. Coins are graded on a scale from 1 to 70, with higher numbers indicating better condition.
A coin’s grade affects its market value, with well-preserved specimens commanding higher prices.
Collecting Tips
When adding the 1938-D/S Buffalo Nickel to your collection, consider the following tips:
- Authentication: Ensure the coin is genuine by purchasing from reputable dealers or having it authenticated by professional grading services.
- Condition: Focus on acquiring coins in the best possible condition to enhance their value and appeal.
- Storage: Store the coin in a protective holder to prevent damage and preserve its quality.
The 1938-D/S Buffalo Nickel is a captivating piece that encapsulates a unique error in minting history. Its distinctive over-mintmark feature and status as the last year of the Buffalo nickel series make it a prized possession for collectors.
Whether you’re a seasoned numismatist or a newcomer to coin collecting, this coin offers a tangible connection to America’s rich numismatic heritage.
FAQs
What is the 1938-D/S Buffalo Nickel?
It’s a variety of the Buffalo nickel minted in 1938, featuring a ‘D’ mintmark over an ‘S’ mintmark due to a repunched die error.
How can I identify a 1938-D/S Buffalo Nickel?
Look for the ‘D’ mintmark centered over the ‘S’ mintmark on the reverse side, with remnants of the ‘S’ visible inside the ‘D’.
Is the 1938-D/S Buffalo Nickel rare?
While not extremely rare, it is a unique variety due to the over-mintmark error, making it valuable to collectors.