1938 D/S Buffalo Nickel NGC MS67+ High Grade
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Description
This Coin has been sent for scratch resistant reholder with the correct attribution on the label. It has been returned with the proper attribution on the label. An FS-511 is quite a bit more desirable than the other four varieties of this date overmintmark. Of course, having them all in plus grades would be pretty cool too!
The Historical Significance of the 1938 D/S Buffalo Nickel
The Buffalo Nickel series was designed by famed artist James Earle Fraser. The obverse features a Native American, which is believed to represent the various Native American groups existing at the time. The reverse displays a majestic buffalo. This design is not only aesthetically appealing but also rich in symbolic meaning. It portrays the pioneering spirit and the American landscape in the 19th century. This emblematic representation contributed to the historical value of the 1938 D/S Buffalo Nickel, making it a coveted piece among collectors.
Understanding the Value and Grading of the 1938-D Buffalo Nickel
The Numismatic Guaranty Corporation (NGC) employs a rigorous grading scale that assesses various aspects of a coin. This includes its surface quality, design details, and overall visual appeal. One of the most prestigious grades a coin can obtain is MS67, signifying that the coin is in uncirculated condition with nearly flawless characteristics. This level of preservation enhances the coin’s desirability among collectors and investors alike.
Grading is critical for accurately determining the value of the 1938 D/S Buffalo Nickel. Coins that meet higher grading standards command significantly higher prices in the market. In the case of the 1838 D/S, the NGC values coins graded at MS67 at approximately $2,500, while those graded by the Professional Coin Grading Service (PCGS) hold an estimated value of $2,700. These figures reflect the high demand within the collector community for coins that exhibit exceptional qualities.
Variety Attribution
Furthermore, the unique features of the 1938 D/S Buffalo Nickel further contribute to its appeal. The coin carries the over mintmark known as FS-05-1938D-511, detailed in the Cherrypicker’s Guide To Rare Die Varieties. This designation is sought after due to the distinguishing characteristics that signal its unique die variety. Collectors often engage in identifying and obtaining coins that possess such noteworthy features. They represent both a historical context and a tangible piece of numismatic heritage. The intersection of these grading criteria and distinct features ultimately enhances the market value of the 1938 D/S Buffalo Nickel, affirming its status as a valuable addition to any collection.
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