Introduction
The 1936-S/S Buffalo Nickel, graded AU50 by PCGS, stands out as a remarkable specimen within the realm of numismatics. With an amazing strike and good reverse luster, this coin offers a fascinating glimpse into a pivotal era of American coinage. Its intriguing overstrike variety adds an additional layer of allure, making it a sought-after piece for collectors.
Historical Background and Significance
The Buffalo Nickel, also known as the Indian Head Nickel, was minted from 1913 to 1938. Designed by sculptor James Earle Fraser, the coin’s imagery pays homage to Native American heritage and the American West. The obverse features a composite portrait of Native American chiefs, while the reverse showcases an American bison, symbolizing the rugged frontier.
The 1936-S/S Buffalo Nickel is particularly significant due to its overstrike variety. The “S/S” designation indicates that the mintmark was struck twice, with the second “S” slightly offset from the first. Such varieties are highly prized by collectors for their uniqueness and the insight they provide into the minting process.
Design and Minting Process
The obverse of the 1936-S/S Buffalo Nickel displays a Native American profile with finely detailed features, including a feathered headdress. The word “LIBERTY” is inscribed to the right, and the date “1936” is prominently placed. The S mintmark, indicating the San Francisco Mint, is located below the date.
The reverse features a majestic bison standing on a mound, with the inscriptions “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” arching above. The denomination “FIVE CENTS” is positioned below the bison. The overstrike of the mintmark, where the second “S” is struck slightly askew over the first, adds a distinct characteristic to this coin.
Minted in 1936 at the San Francisco Mint, the Buffalo Nickel was produced during a period of economic recovery following the Great Depression. The minting process involved multiple strikes to ensure the clarity of the design elements, which is evident in the well-defined details of this coin.
Market Value and Collectibility
The 1936-S/S Buffalo Nickel AU50 PCGS is highly valued among collectors, primarily due to its unique overstrike variety and its excellent state of preservation. The AU50 grade, or About Uncirculated 50, indicates that the coin shows only slight wear on the highest points, retaining much of its original detail and luster.
The amazing strike of this coin, characterized by sharp details and crisp lines, further enhances its appeal. The good reverse luster indicates that the coin has been well-preserved, maintaining its reflective surfaces and adding to its visual appeal.
In the market, such coins can command significant premiums, especially when they exhibit desirable attributes like strong strikes and attractive luster. Collectors often seek out overstrike varieties for their rarity and the story they tell about the minting process.
Conclusion
The 1936-S/S Buffalo Nickel AU50 PCGS is a captivating piece of American numismatic history. Its striking design, historical significance, and excellent condition make it a treasured addition to any collection. The unique overstrike variety adds an element of intrigue, highlighting the craftsmanship and challenges of the minting process. For collectors and investors alike, this coin represents a valuable and fascinating artifact from a bygone era.
