Buffalo Nickel · Nickels

1934-D Buffalo Nickel

Circulation strike struck at the Denver Mint · 7,480,000 made

Mintage
7,480,000
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 1934-D 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 1934-D Buffalo Nickel rare?
Not by date: 7.5 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
Is the 1934-D 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 1934 Buffalo Nickel?
On the reverse, below the words FIVE CENTS. Philadelphia nickels have no mint mark. On this coin the mark is D, for Denver.
Which Denver dates near 1934 are scarcer?
The 1938-D at 7,020,000. So the 1934-D is on the scarcer side for those years.
How many 1934-D Buffalo Nickel coins were made?
7,480,000.
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What to check on your 1934-D

  • Make sure the mint mark really is a D. A worn or filled mark can be misread. It's what separates your coin from the 1934 (20 million made).
  • 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. With 7,480,000 made, you can still find a 1934-D in rolls, old jars and inherited collections. The coins worth keeping are the uncirculated ones and any with a doubled die or other variety.

The story of the 1934-D

Denver hadn't struck the Buffalo Nickel since 1929. When it came back in 1934, it made 7,480,000. In 1935 the figure was 12 million.

1934 came to 20 million, so neither mint's 1934 coin is much scarcer than the other.

Across Denver's 20 Buffalo Nickel issues, the hardest to find is the 1914-D with 3,912,000 made. The 1934-D is on the scarcer side of the middle. Within the 1930s it's 5th smallest of 15, between the 1938-D (7 million) and the 1935-S (10 million).

Depression gap, record output and the legless bison (1932 to 1938)

No nickels were made in 1932 or 1933. Production resumed in 1934 and climbed to a series high of 119 million at Philadelphia in 1936. Proofs returned in 1936 and 1937, first with satin and then brilliant finishes. The 1935 has a doubled die reverse.

Two famous varieties come from Denver. In 1936 a die was polished so heavily that the bison has three and a half legs. In 1937 a similar polishing removed the front leg entirely, creating the 1937-D three-legged nickel, one of the most popular varieties. In 1938 only Denver struck Buffalo nickels before the Jefferson nickel replaced it. Some 1938-D coins show a D over S mint mark. These later dates are common and often well struck.

Elsewhere in US coinage in 1934

The Gold Reserve Act transferred gold to the Treasury and the official price of gold was raised soon after. Silver dollar production resumed briefly with Peace dollars.

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, 1934-D highlightedLog scale · hover or tap a bar · 1913–1938
100K1M10M100M

Specifications

SeriesBuffalo Nickel (1913–1938)
Year1934
MintDenver Mint
Mint mark"D"
Strike typeCirculation strike
Mintage7,480,000
Face value5¢
Composition75% copper, 25% nickel
Weight5 grams
Diameter21.2 mm
EdgePlain
DesignerJames Earle Fraser

Other 1934 Buffalo Nickel issues

CoinMintageTypeSilver
1934 Buffalo Nickel20,213,003Circulation strike–
1934-D Buffalo Nickel7,480,000Circulation 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.