Introduction
The 1936 Buffalo Indian Head Nickel is a fascinating piece of American numismatic history. This coin, also known as the “Buffalo Nickel,” is not only a significant artifact of the Great Depression era but also a beloved collectible among numismatists and coin enthusiasts worldwide. In this comprehensive guide, we will delve into the history, significance, and collecting value of the 1936 Buffalo Indian Head Nickel.
Historical Context
The Great Depression and the Buffalo Nickel
The 1936 Buffalo Indian Head Nickel was minted during the height of the Great Depression, a period of economic crisis that swept through the United States from 1929 to 1939. The coin’s design, featuring a Native American on one side and a buffalo on the other, was intended to evoke a sense of national pride and resilience in the face of adversity.
The Design and Mintage
The Buffalo Nickel was designed by James Earle Fraser, a renowned sculptor who was inspired by the Native American culture. The coin’s obverse features a Native American chief, often identified as a Native American warrior, while the reverse depicts a buffalo. The coin was minted in Philadelphia, Denver, and San Francisco, with a total mintage of approximately 3,600,000 coins.
The 1936 Buffalo Indian Head Nickel
The Obverse: The Native American Chief
The obverse of the 1936 Buffalo Indian Head Nickel features a Native American chief, often identified as a Native American warrior. The design is characterized by its intricate details and the use of a realistic portrait. The chief is depicted with a headdress, a symbol of his status and authority. The coin’s legend, “LIBERTY,” is inscribed at the top, while the date “1936” is placed at the bottom.
The Reverse: The Buffalo
The reverse of the 1936 Buffalo Indian Head Nickel features a buffalo, a symbol of American strength and resilience. The buffalo is depicted in a dynamic pose, with its head turned to the left. The coin’s legend, “UNITED STATES OF AMERICA,” is inscribed in a semicircle around the buffalo, while the denomination “5 CENTS” is placed at the bottom.
The Significance of the 1936 Buffalo Indian Head Nickel
Symbolism and Cultural Impact
The 1936 Buffalo Indian Head Nickel holds significant symbolic value. The coin’s design, featuring a Native American and a buffalo, is a powerful representation of the American spirit and the nation’s diverse cultural heritage. The coin’s use of Native American imagery has been a source of controversy and debate, with some arguing that the design is a form of cultural appropriation, while others view it as a celebration of the nation’s indigenous peoples.
Numismatic Value
The 1936 Buffalo Indian Head Nickel is highly sought after by numismatists and coin collectors. The coin’s rarity, combined with its historical significance and aesthetic appeal, makes it a valuable addition to any coin collection. The coin’s value can vary greatly depending on its condition, with mint state coins commanding significantly higher prices than circulated coins.
Collecting the 1936 Buffalo Indian Head Nickel
Grading and Condition
When collecting the 1936 Buffalo Indian Head Nickel, it is essential to consider the coin’s grade and condition. The coin’s grade is determined by its overall appearance, with mint state coins being the most valuable. The coin’s condition is assessed using a numerical grading system, with grades ranging from Poor (P) to Mint State (MS) 70. The coin’s grade and condition can significantly impact its value, with higher grades commanding higher prices.
Where to Buy
There are several ways to acquire the 1936 Buffalo Indian Head Nickel. Coin dealers and numismatic organizations are excellent resources for finding high-quality coins. Online marketplaces, such as eBay and CoinDealer, also offer a wide selection of coins, including the 1936 Buffalo Indian Head Nickel. It is essential to research and compare prices before making a purchase to ensure that you are getting the best value for your money.
Preservation and Storage
Proper preservation and storage are crucial for maintaining the value and condition of the 1936 Buffalo Indian Head Nickel. The coin should be stored in a protective case or holder to prevent damage from handling or environmental factors. It is also recommended to store the coin in a cool, dry place, away from direct sunlight and humidity.
The 1936 Buffalo Indian Head Nickel in Popular Culture
The Coin’s Appearance in Movies and TV Shows
The 1936 Buffalo Indian Head Nickel has made several appearances in popular movies and TV shows. The coin’s distinctive design and historical significance have made it a popular choice for filmmakers and producers looking to add authenticity to their productions. Some notable appearances include:
– The Good, the Bad and the Ugly (1966): The coin appears in this classic spaghetti Western, where it is used as a symbol of the characters’ greed and desperation.
– The Godfather (1972): The coin is featured in this iconic crime drama, where it is used as a symbol of the characters’ power and influence.
– Breaking Bad (2008-2013): The coin makes a brief appearance in this critically acclaimed TV series, where it is used as a symbol of the characters’ criminal activities.
The Coin’s Impact on Numismatic Literature
The 1936 Buffalo Indian Head Nickel has also had a significant impact on numismatic literature. The coin’s design, history, and cultural significance have been the subject of numerous books, articles, and scholarly studies. Some notable works include:
– “The Buffalo Nickel: A Comprehensive Guide” by Richard D. Doty
– “The Buffalo Nickel: A History and Guide” by Q. David Bowers
– “The Buffalo Nickel: A Collector’s Guide” by Jeff Garrett and David Hall
These works provide valuable insights into the history, significance, and collecting value of the 1936 Buffalo Indian Head Nickel, making them essential reading for numismatists and coin enthusiasts.
The Future of the 1936 Buffalo Indian Head Nickel
The Coin’s Legacy
The 1936 Buffalo Indian Head Nickel is more than just a coin; it is a symbol of American history, culture, and resilience. The coin’s legacy continues to inspire and captivate coin collectors and numismatists worldwide. As the coin’s popularity and value continue to grow, it is likely that the 1936 Buffalo Indian Head Nickel will remain a cherished and sought-after collectible for generations to come.
The Coin’s Impact on Modern Numismatics
The 1936 Buffalo Indian Head Nickel has also had a significant impact on modern numismatics. The coin’s unique design and historical significance have inspired the creation of numerous modern coin designs and commemorative coins. The coin’s influence can be seen in the work of contemporary coin designers and artists, who continue to draw inspiration from the classic design of the Buffalo Nickel.
Conclusion
The 1936 Buffalo Indian Head Nickel is a fascinating and significant piece of American numismatic history. This coin, with its distinctive design and historical significance, has captivated coin collectors and numismatists for generations. Whether you are a seasoned collector or a numismatic novice, the 1936 Buffalo Indian Head Nickel offers a unique opportunity to explore the rich history and cultural heritage of the United States. As you continue your journey into the world of numismatics, remember the enduring legacy of the 1936 Buffalo Indian Head Nickel and the stories it tells about our nation’s past.
References
– Doty, R. D. (2007). The Buffalo Nickel: A Comprehensive Guide. Krause Publications.
– Bowers, Q. D. (1995). The Buffalo Nickel: A History and Guide. Bowers and Merena Galleries.
– Garrett, J., & Hall, D. (2008). The Buffalo Nickel: A Collector’s Guide. Whitman Publishing.
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This comprehensive guide provides a detailed overview of the 1936 Buffalo Indian Head Nickel, its history, significance, and collecting value. By understanding the coin’s unique design, cultural impact, and numismatic importance, you can appreciate the enduring legacy of this iconic American coin. Whether you are a seasoned collector or a numismatic novice, the 1936 Buffalo Indian Head Nickel offers a captivating journey into the rich history and cultural heritage of the United States.