1928 Buffalo Nickel
Circulation strike struck at the Philadelphia Mint · 23,411,000 made
- Mintage
- 23,411,000
- Metal
- 75% copper, 25% nickel
- Weight
- 5 g
- Diameter
- 21.2 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1928 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 die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1928 Buffalo Nickel rare?
- Not by date: 23 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
- Is the 1928 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 1928 Buffalo Nickel?
- On the reverse, below the words FIVE CENTS. Philadelphia nickels have no mint mark.
- Which Philadelphia dates near 1928 are scarcer?
- The 1924 at 21,620,000, the 1930 at 22,849,000. So the 1928 is on the scarcer side for those years.
- How many 1928 Buffalo Nickel coins were made?
- 23,411,000.
What to check on your 1928
- There's no mint mark on this one, so the date and condition are what matter.
- 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 1928
Output at Philadelphia slipped to 23,411,000 in 1928, from 38 million the year before. In 1929 the figure was 36 million.
It was the big producer of the year, well ahead of 1928-D (6.4 million) and 1928-S (6.9 million).
Across Philadelphia's 22 Buffalo Nickel issues, the hardest to find is the 1921 with 10,663,000 made. The 1928 is on the scarcer side of the middle. Within the 1920s it's 19th smallest of 25, between the 1924 (22 million) and the 1925 (36 million).
Branch mint keys and soft strikes (1922 to 1931)
No nickels were struck in 1922. Production resumed in 1923. San Francisco struck small numbers in several years, creating the 1923-S, 1924-S and 1926-S semi-keys. The 1926-S, at 970,000, is the lowest mintage regular issue of the series. Denver and San Francisco coins from these years are known for weak strikes, especially on the bison's head and the date.
The Depression cut demand in 1930 and 1931. In 1931 only San Francisco struck nickels, 1.2 million pieces. The coin was saved by many people at the time. Survivors from the 1920s are usually found with worn or missing dates. Coins with full horn detail carry a premium. Dateless Buffalo nickels from this era are often treated with acid to reveal the date.
Elsewhere in US coinage in 1928
The Peace dollar was struck only in Philadelphia and San Francisco. The Philadelphia figure of 360,649 is the lowest of the series.
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.
Mintage chart
Specifications
| Series | Buffalo Nickel (1913–1938) |
|---|---|
| Year | 1928 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 23,411,000 |
| Face value | 5¢ |
| Composition | 75% copper, 25% nickel |
| Weight | 5 grams |
| Diameter | 21.2 mm |
| Edge | Plain |
| Designer | James Earle Fraser |
Other 1928 Buffalo Nickel issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1928 Buffalo Nickel | 23,411,000 | Circulation strike | – |
| 1928-D Buffalo Nickel | 6,436,000 | Circulation strike | – |
| 1928-S Buffalo Nickel | 6,936,000 | Circulation strike | – |
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.