1937 Buffalo Nickel Proof
Proof struck at the Philadelphia Mint · 5,769 made
- Mintage
- 5,769
- 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 1937 Buffalo Nickel Proof worth?
Collectors pay a real premium for this date, worn or not, because far fewer were made than usual. Uncirculated pieces go much higher.
What would make yours worth more:
- Grade and, for proofs, strong cameo contrast
- A known variety for the date: 1937-D Three-Legged Buffalo Nickel
- Certification by PCGS or NGC, which buyers expect for scarce dates
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1937 Buffalo Nickel Proof rare?
- Fairly. The Mint made 5,769 for collectors. Most were kept in their original packaging.
- Is the 1937 Buffalo Nickel Proof 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 1937 Buffalo Nickel?
- On the reverse, below the words FIVE CENTS. Philadelphia nickels have no mint mark.
- How many 1937 Buffalo Nickel proofs were made?
- 5,769.
What to check on your 1937
- There's no mint mark on this one, so the date and condition are what matter.
- Look for the 1937-D Three-Legged Buffalo Nickel (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.
Proofs from 1937 were struck one at a time in small numbers and many were later spent or mishandled. Look for hairlines from cleaning, which lower the grade.
The story of the 1937
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 1937
Denver produced the famous "three-legged" Buffalo nickel after a worker polished a damaged die too heavily, removing the bison's front leg.
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 | 1937 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Proof |
| Mintage | 5,769 |
| Face value | 5¢ |
| Composition | 75% copper, 25% nickel |
| Weight | 5 grams |
| Diameter | 21.2 mm |
| Edge | Plain |
| Designer | James Earle Fraser |
Other 1937 Buffalo Nickel issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1937 Buffalo Nickel | 79,480,000 | Circulation strike | – |
| 1937 Buffalo Nickel Proof | 5,769 | Proof | – |
| 1937-D Buffalo Nickel | 17,826,000 | Circulation strike | – |
| 1937-S Buffalo Nickel | 5,635,000 | 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.