Finding 1913 Type 1 Buffalo Nickels in the Wild: A Cherry Picker’s Guide

Historical Significance

The 1913 Type 1 Buffalo Nickel represents one of the most fascinating chapters in American numismatic history. These coins were minted for only a brief period before being replaced by the Type 2 design, making them particularly desirable for collectors and roll hunters alike. The Type 1 design featured a distinctive reverse with the denomination “Cents” positioned high on the coin, which would prove to be its undoing.

The Design Flaw That Changed History

What makes the 1913 Type 1 Buffalo Nickel so special isn’t just its brief mintage period, but the historical context behind its replacement. The original design featured a beautiful, roughhewn field that gave the coin its distinctive artistic appeal. However, this same characteristic that made it visually striking also created significant production problems.

The rough fields caused premature die wear, leading to strike quality issues and numerous small die cracks. But the most critical problem was the rapid wearing of the word “Cents” on the reverse. This wasn’t just a minor inconvenience – it echoed back to one of the most notorious episodes in U.S. Mint history.

The 1883 Liberty Nickel Connection

In 1883, the Liberty Head Nickel was introduced without the word “Cents” on the reverse, featuring only a large Roman numeral V. Unscrupulous individuals capitalized on this oversight by gold-plating these nickels and passing them off as five-dollar gold pieces. The scandal caused significant embarrassment for the Mint and took years to recover from.

“The lesson learned from that experience persisted in the collective memory of Mint officers, and a solution was sought which would prevent a recurrence.” – David Lange, Buffalo Nickels Reference Guide

Identifying Key Markers

When searching through circulation or bulk lots for 1913 Type 1 Buffalo Nickels, look for these specific characteristics:

• Date Position: The “1913” date should be positioned high on the obverse, relatively close to the rim
• Reverse Design: The words “FIVE CENTS” appear on a raised mound on the reverse
• Field Texture: Type 1 coins feature the distinctive rough, textured fields
• “Cents” Placement: The word “Cents” is positioned high on the reverse, making it vulnerable to wear

Where to Find Them

Finding 1913 Type 1 Buffalo Nickels requires patience and a keen eye. Here are the best hunting grounds:

Circulation Finds

While finding these coins in everyday circulation is increasingly rare, it’s not impossible. Check your pocket change carefully, especially when receiving rolls from banks. Look for any nickels dated 1913 or earlier, as these are all worth examining closely.

Bulk Lots

Bulk nickel lots from estate sales, auctions, and coin dealers can be gold mines for cherry pickers. Many sellers don’t realize the significance of the Type 1 design, making it possible to find these coins at face value or minimal premiums.

Estate Sales and Antique Shops

Old coin collections often contain Buffalo Nickels, and the sellers may not distinguish between Type 1 and Type 2 varieties. This presents excellent opportunities for knowledgeable collectors to acquire these coins at reasonable prices.

Condition and Value Guide

The value of 1913 Type 1 Buffalo Nickels varies significantly based on condition:

• Genuine 1913 Type 1: Even in well-worn condition, these coins command premiums due to their historical significance
• Key Date Status: The 1913 Type 1 is considered a key date in the Buffalo Nickel series
• Condition Premiums: Higher-grade examples can be quite valuable, with Mint State specimens commanding substantial premiums

Authentication Tips

When examining potential 1913 Type 1 Buffalo Nickels, pay attention to these authentication points:

Date and Design Features: Verify the date position and the “Cents” placement on the reverse. Type 1 coins have the denomination on a raised mound, while Type 2 coins have it in a recessed exergue.

Field Texture: The rough, textured fields of Type 1 coins are difficult to replicate, making them a good authentication feature.

Wear Patterns: Authentic coins will show wear patterns consistent with their age and composition. Be wary of coins that appear too perfect or show inconsistent wear.

Collecting Strategies

For collectors interested in acquiring 1913 Type 1 Buffalo Nickels, consider these approaches:

Budget-Friendly Options

Even lower-grade examples of these coins can be valuable additions to a collection. Focus on acquiring coins with readable dates and clear design elements, even if they show significant wear.

Investment-Grade Examples

For serious collectors, seek out higher-grade specimens with original surfaces and minimal damage. These coins represent better long-term investments and are more likely to appreciate in value.

Preservation and Care

If you’re fortunate enough to find a 1913 Type 1 Buffalo Nickel, proper preservation is essential:

• Handle with Care: Always hold coins by the edges to prevent fingerprints and oils from damaging the surfaces
• Proper Storage: Use appropriate coin holders or albums designed for nickel-sized coins
• Environmental Control: Store coins in a cool, dry place away from direct sunlight and humidity

Conclusion

The 1913 Type 1 Buffalo Nickel represents more than just a collectible coin – it’s a tangible piece of American history that tells the story of how past mistakes shaped future designs. Whether you’re a seasoned collector or just starting your numismatic journey, finding one of these coins in the wild is an exciting experience that connects you to over a century of American coinage history.

Remember, successful cherry picking requires patience, knowledge, and a sharp eye. By understanding what makes these coins special and where to look for them, you increase your chances of making that exciting discovery. Happy hunting!

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