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The 1931-S Buffalo Nickel is a noteworthy piece within the series of nickels minted by the United States Mint. Known for its historical significance and distinctive design, this coin offers collectors a glimpse into the economic and cultural aspects of the early 20th century. The 1931-S is part of the Buffalo Nickel series, officially known as the Indian Head Nickel, which was minted from 1913 to 1938. The coin’s history, design, and condition make it a valuable addition to any numismatic collection.
The Buffalo Nickel series was introduced as a replacement for the Liberty Head Nickel, with the first coins minted in 1913. Designed by sculptor James Earle Fraser, the series is renowned for its striking imagery and thematic representation of American history. The 1931-S Buffalo Nickel, minted during the Great Depression, reflects the challenges faced by the country during this period. The 1931-S is especially notable for its lower mintage, which contributes to its desirability among collectors.
The design of the 1931-S Buffalo Nickel is a testament to James Earle Fraser’s artistic vision. The obverse features a profile of a Native American, inspired by a composite of three Native American leaders, including Sitting Bull and Iron Tail. Fraser’s depiction of the Native American is detailed, with a prominent headdress and strong facial features that capture the essence of indigenous strength and dignity. The inscription "LIBERTY" is prominently displayed on the left side of the coin’s obverse, while the year "1931" is located on the right. The reverse of the coin showcases an American Bison, often referred to as a buffalo, standing on a mound. The design is accompanied by the inscriptions "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM" (Out of Many, One), as well as the denomination "FIVE CENTS." The reverse design reflects Fraser’s appreciation for American wildlife and his ability to encapsulate it in a numismatic format.
The 1931-S Buffalo Nickel was minted at the San Francisco Mint, indicated by the "S" mintmark on the reverse side of the coin. The San Francisco Mint was one of the primary facilities for producing coins during this era and played a significant role in minting coins with various designs and denominations. The 1931-S Buffalo Nickel, with its lower mintage of approximately 1,200,000 pieces, is a relatively scarce example from the series. The limited production run, combined with the coin’s age, contributes to its appeal and value in the numismatic market.
The condition of the 1931-S Buffalo Nickel is crucial in determining its value and desirability among collectors. In the "About Good" (AG) grade, the coin is characterized by significant wear, with the design elements and inscriptions being heavily worn down. Despite this wear, the general shape of the coin remains intact, and the basic features of the Native American and the bison are still discernible. The details, such as the headdress on the obverse and the mound on the reverse, are likely to be worn smooth, but the overall structure and design are recognizable. Coins in this condition are typically valued for their historical significance rather than their aesthetic appeal, as higher-grade examples of the 1931-S Buffalo Nickel are much rarer and more sought after by collectors.
The 1931-S Buffalo Nickel holds particular significance for collectors due to its lower mintage and the historical context of its production. The coin serves as a reminder of the economic difficulties faced during the Great Depression and the resilience of the American economy and numismatic industry during this time. Collectors often seek out the 1931-S for its historical value, rarity, and its place within the broader Buffalo Nickel series. While coins in "About Good" condition may exhibit substantial wear, they still represent an important part of American numismatic history and offer a tangible connection to the past.
In summary, the 1931-S Buffalo Nickel is a significant collectible coin within the Buffalo Nickel series, with its distinctive design and historical context contributing to its appeal. The coin’s design, featuring a Native American and an American Bison, reflects James Earle Fraser’s artistic vision and appreciation for American heritage. Minted at the San Francisco Mint with a relatively low mintage, the 1931-S is a sought-after piece among collectors. Despite its "About Good" condition, which indicates significant wear, the coin remains an important and valued item in the numismatic community. Its historical significance and limited availability make it a desirable addition to any collection.