The 1937-D Three-Legged Buffalo Nickel is one of the most intriguing error coins in U.S. history. This unique coin, featuring a buffalo with only three visible legs, is highly sought after by collectors and investors. Its rarity, distinct appearance, and fascinating backstory make it a gem in the world of numismatics.
What Is the 1937-D Three-Legged Buffalo Nickel?
The 1937-D Buffalo Nickel is part of the iconic Buffalo Nickel series, minted from 1913 to 1938. Designed by James Earle Fraser, the series features a Native American profile on the obverse and a majestic American bison on the reverse.
What sets the 1937-D coin apart is its error—a missing front leg on the buffalo. This rare mistake, caused by over-polishing the die at the Denver Mint, has earned it the nickname “Three-Legged Buffalo Nickel.”
How Did the Error Happen?
In 1937, workers at the Denver Mint polished coin dies to remove imperfections. Unfortunately, one die was excessively polished, resulting in the buffalo’s front right leg being almost entirely removed.
This error wasn’t detected immediately, allowing a limited number of these coins to enter circulation. Over time, collectors identified the unique design flaw, making the coin one of the most recognized error coins in U.S. minting history.
Why Is the 1937-D Three-Legged Buffalo Nickel Valuable?
The value of this coin lies in its:
- Rarity: Only a small number of these coins exist.
- Unique Design: The missing leg gives it a visually distinct appearance.
- Historical Significance: It represents a rare minting error from the 1930s.
Depending on the coin’s condition, its value ranges significantly:
| Grade | Estimated Value |
|---|---|
| Lower Grades | $400–$1,000 |
| Mid Grades | $1,500–$2,500 |
| Higher Grades (MS-60) | $3,000 or more |
Coins in excellent condition, with minimal wear and a well-preserved design, are the most prized by collectors.
How to Identify the 1937-D Three-Legged Buffalo Nickel
Here’s how you can spot this rare coin:
- Buffalo’s Front Right Leg: Only three legs are visible, with the right front leg noticeably absent.
- Mint Mark: The letter “D” for Denver appears below the “Five Cents” on the reverse side.
- Distinct Polishing Marks: Close inspection reveals smoothing around the area where the leg is missing.
Where to Find the 1937-D Three-Legged Buffalo Nickel
If you’re eager to own this piece of history, here are some ways to acquire it:
- Coin Shows and Auctions: These events often feature rare coins, including error varieties.
- Reputable Coin Dealers: Look for experienced dealers specializing in Buffalo Nickels.
- Online Platforms: Auction sites like eBay may have listings, but proceed with caution.
Pro Tip: Always authenticate your purchase. Counterfeit versions of this coin exist. Third-party grading services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) can confirm authenticity.
Tips for Buying the 1937-D Three-Legged Buffalo Nickel
- Research Prices: Understand the coin’s value based on its grade.
- Check Grading Reports: Only buy graded coins from recognized grading services.
- Inspect Carefully: Verify the presence of the three-legged error.
- Avoid Deals Too Good to Be True: Authentic coins rarely sell below market value.
A Treasure in U.S. Coin History
The 1937-D Three-Legged Buffalo Nickel is more than just a coin—it’s a piece of history that tells the story of a rare minting error.
For collectors, owning one is like holding a tangible link to the past, a symbol of craftsmanship and a reminder of the imperfections that can make something truly unique.
If you’re lucky enough to find one in great condition, it’s not just an investment but a prized addition to any collection. So, whether you’re a seasoned collector or a curious enthusiast, this coin is worth the hunt!
FAQs
Its rarity stems from a minting error caused by over-polishing the die, resulting in a missing front leg on the buffalo. Only a limited number were produced before the error was corrected.
The coin’s value depends on its condition. Lower-grade coins are worth several hundred dollars, while higher-grade examples can exceed $3,000.
Look for the missing front leg on the buffalo, a “D” mint mark, and polishing marks. For added certainty, have the coin authenticated by services like PCGS or NGC.
Yes, counterfeits exist. Always buy from trusted dealers and consider third-party grading for verification.
You can sell it through coin auctions, reputable dealers, or online platforms specializing in collectible coins.
READ MORE: Why this 1999 Delaware State Quarter Error Coin is Worth a Fortune!
