Buffalo Nickel · Nickels

1918-S Buffalo Nickel

Circulation strike struck at the San Francisco Mint · 4,882,000 made

Mintage
4,882,000
Metal
75% copper, 25% nickel
Weight
5 g
Diameter
21.2 mm

Original illustration. Tap to flip. Not a photograph of the actual coin.

Copper content3.75grams
Value band: Small premium

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is a 1918-S Buffalo Nickel worth?

Age alone gives this coin a small premium, even worn. Sharp details and original surfaces push it higher.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A known variety for the date: 1918/7-D Buffalo Nickel Overdate

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1918-S Buffalo Nickel rare?
No. 4.9 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
Is the 1918-S Buffalo Nickel silver?
No. It's 75% copper, 25% nickel. The only silver nickels are the 1942 to 1945 wartime coins with a large mint mark above Monticello.
Where is the mint mark on a 1918 Buffalo Nickel?
On the reverse, below the words FIVE CENTS. Philadelphia nickels have no mint mark. On this coin the mark is S, for San Francisco.
Which San Francisco dates near 1918 are scarcer?
The 1913-S (Type 2, flat on reverse, Key date) at 1,209,000, the 1915-S at 1,505,000, the 1921-S at 1,557,000, plus 3 more. So the 1918-S is one of the easier dates of its stretch.
How many 1918-S Buffalo Nickel coins were made?
4,882,000.
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What to check on your 1918-S

  • Make sure the mint mark really is an S. A worn or filled mark can be misread. It's what separates your coin from the 1918-D (8.4 million made).
  • Check the date on the obverse, on the raised shoulder below the portrait. Buffalo nickel dates were raised and wore away quickly, so many coins from this period are found with partial or missing dates.
  • Look for the 1918/7-D Buffalo Nickel Overdate (it's on Denver coins, not this one).
  • Judge the grade under good light. The tip of the bison's horn and the date are the key points. A "Full Horn" adds premium and a full, clear date is essential for Fine and above.

Look for a full horn tip on the bison and a clear date. A sharp strike and a full date matter more for value than almost anything else in this series.

The story of the 1918-S

Output at San Francisco climbed to 4,882,000 in 1918, from 4.2 million the year before. The next year it made 7.5 million (1919-S).

The other mints made far more that year: 1918 alone came to 32 million, roughly 6.6 for every 1918-S. That makes the 1918-S the scarcer 1918 coin, though still a common one.

San Francisco struck the Buffalo Nickel in 22 issues between 1913 and 1937. By mintage this one lands in the scarcer half, while the key for that mint is the 1926-S (970,000). Within the 1910s it's 8th smallest of 24, between the 1917-S (4.2 million) and the 1913-D (5.3 million).

World War I output and the 1918/7-D (1918 to 1921)

Demand during and after World War I kept production high, reaching more than 60 million at Philadelphia in 1919 and 1920. Denver and San Francisco each struck around 5 to 10 million a year, far less than Philadelphia. A postwar recession cut 1921 output. San Francisco struck only 1.6 million that year, a semi-key date.

The 1918/7-D overdate is one of the most famous varieties of the 20th century. A working die received an 8 over a 7 and went into use without the error being caught. The overdate is difficult to see on worn coins, so collectors check the shape of the 8. Most survivors from these years are worn, often with weak dates. Well struck branch mint coins are scarce.

Elsewhere in US coinage in 1918

The Pittman Act authorized the melting of more than 270 million silver dollars, mostly to supply silver to Britain for use in India. No new dollars were struck that year.

How to recognize it

The obverse shows a Native American man facing right, with LIBERTY near the rim and the date on his shoulder. The reverse shows an American bison standing on a raised mound in early 1913 and on flat ground afterwards, with FIVE CENTS below. The mint mark is under FIVE CENTS. The raised date wears quickly, which is why many Buffalo nickels have partial or missing dates.

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Mintage chart

Buffalo Nickel mintages, 1918-S highlightedLog scale · hover or tap a bar · 1913–1938
100K1M10M100M

Specifications

SeriesBuffalo Nickel (1913–1938)
Year1918
MintSan Francisco Mint
Mint mark"S"
Strike typeCirculation strike
Mintage4,882,000
Face value5¢
Composition75% copper, 25% nickel
Weight5 grams
Diameter21.2 mm
EdgePlain
DesignerJames Earle Fraser

Other 1918 Buffalo Nickel issues

CoinMintageTypeSilver
1918 Buffalo Nickel32,086,314Circulation strike–
1918-D Buffalo Nickel8,362,000Circulation strike–
1918-S Buffalo Nickel4,882,000Circulation strike–
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Mintage: United States nickel mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.