Monday, April 19, 2010

Coin Collection Rarity: 3 Legged Buffalo Nickel


For those who are really serious about coin collecting, an authentic 3 Legged Buffalo Nickel is high up on the “must-have” list. The 1937-D “three-legger” has fascinated collectors for nearly 3 generations. The three-legged buffalo was a result of a failed attempt to repair a broken die. These “duds” escaped into circulation before the inspectors at the Denver Mint caught on to the error.

The 3 Legged Buffalo Coin is a unique addition to many coin collections because of the missing leg. The stump and hoove remain, but the right leg is entirely gone. Unlike most high-value coins, finding a 3 Legged Buffalo Nickel in new condition could prove to be difficult since they all reached circulation. 

Circulated 3 Legged Buffalo’s are worth anywhere from $400 to $1000. Perfect, uncirculated coins can be worth up to $20,000. Counterfit 3 Legged Buffalos have been seen by appraisers, so if you are thinking of adding one to your collection be sure you know what constitutes as a fake.

Here are the tell-tale signs of an altered Buffalo Nickel:
-There is less metal on the area where the leg should be.
-There are raised dots under the belly of the buffalo
-The P in Pluribus and the U in Unum will be further away from the buffalo’s back than it will be on an authentic

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