The 1937-D Three-Legged Buffalo Nickel is one of the most iconic error coins in U.S. history. Known for its unusual design flaw, this Buffalo nickel has captivated collectors and investors alike.
Produced at the Denver Mint, this nickel became famous for a unique error where the buffalo on the reverse side appears to have only three legs. This mistake, caused by excessive die polishing, has made the coin highly sought-after and extremely valuable.
Buffalo Nickel
The Buffalo Nickel series, officially known as the Indian Head Nickel, was minted from 1913 to 1938. Designed by sculptor James Earle Fraser, the coin features a Native American profile on the obverse and an American bison on the reverse.
Although many Buffalo Nickels are collectible, the 1937-D with the three-legged error stands out due to its rarity and distinct appearance.
The Three-Legged Error
The three-legged error occurred during the coin’s minting process at the Denver Mint in 1937. Excessive polishing of the die, likely to remove clash marks, resulted in the buffalo’s front right leg being partially erased, leaving only three visible legs.
This mistake was not immediately corrected, allowing a limited number of these coins to enter circulation. Today, this error is easily recognizable and adds a layer of uniqueness that appeals to collectors.
Value of the 1937-D Three-Legged Buffalo Nickel
The value of a 1937-D Three-Legged Buffalo Nickel can range significantly depending on its condition. In lower grades, it can be worth several hundred dollars, while high-grade, well-preserved coins can fetch thousands at auction. The scarcity and visual appeal of the three-legged error contribute to its high market demand and value.
Where to Find the Three-Legged Buffalo Nickel
Collectors often find the 1937-D Three-Legged Buffalo Nickel at coin shows, auction sites, and specialty dealers. Due to its popularity, counterfeit versions are known to circulate, so it’s essential for buyers to consult a reputable source and, if possible, seek third-party grading to confirm authenticity.
| Coin Name | Year Issued | Mint Mark | Error Type | Value Range ($) |
|---|---|---|---|---|
| 1937-D Three-Legged Nickel | 1937 | D | Missing Leg | Up to $3,000+ |
| 1955 Double Die Penny | 1955 | None | Double Die | Up to $1,500+ |
| 1943 Copper Penny | 1943 | None | Incorrect Metal | Up to $100,000+ |
| 1922 Plain “No D” Penny | 1922 | None | Missing Mint Mark | Up to $10,000 |
The 1937-D Three-Legged Buffalo Nickel is a testament to how a simple minting error can transform a regular coin into a valuable collectible. For those lucky enough to find one in good condition, it represents both a historical artifact and a prized addition to any coin collection.
FAQs
What caused the three-legged error on the 1937-D Buffalo Nickel?
The error was caused by excessive polishing of the die, which erased part of the buffalo’s front right leg, leaving only three visible legs.
How much is a 1937-D Three-Legged Buffalo Nickel worth?
Its value can range from a few hundred dollars in lower grades to over $3,000 for high-grade specimens.
Where can I buy a 1937-D Three-Legged Buffalo Nickel?
You can find these coins at coin shows, auctions, and through reputable dealers. Make sure to verify authenticity before purchasing.
Why is the three-legged error so popular among collectors?
The error is unique, easy to identify, and limited in quantity, making it highly desirable and valuable to collectors.
Should I have my 1937-D Three-Legged Buffalo Nickel graded?
Yes, professional grading can authenticate the coin and increase its value, especially if it’s in good condition.