1923 Buffalo Nickel
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$18,400 MS67 01-01-2003 Bowers & Merena
Description
The 1923 Buffalo Nickel is a nickel produced at the Philadelphia Mint as part of the Buffalo Nickels 1913-1938 series. The U.S. Mint produced 35.7 million examples, making this the higher-mintage of the two mint variants, representing 85% of production. The obverse features a composite Native American portrait combining features of three real tribal chiefs — Iron Tail (Lakota), Two Moons (Cheyenne), and John Big Tree (Seneca) and the reverse displays an American bison (often called Black Diamond after the famous bison at the Bronx Zoo) standing on a mound. Minted during and after World War I, as America emerged as a global power and experienced the prosperity of the Roaring Twenties. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $3 to $194 depending on grade and condition. Struck in 75% copper, 25% nickel, weighing 5 grams, 21.2 mm in diameter, with a plain edge. Cataloged as PCGS #3949.
