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In a surprising turn of events, a rare 1935 Buffalo Nickel was discovered inside the pocket of a second-hand coat bought from a thrift store and later sold at auction for a staggering $64,500.
This incredible find highlights how hidden treasures can appear in the most unexpected places, reigniting interest in coin collecting and antique hunting.
A Lucky Thrift Store Discovery
The story began when a vintage clothing enthusiast purchased a rugged overcoat from a local thrift store. While examining the coat at home, the buyer reached into one of the inner pockets and felt a coin. To their astonishment, it was an old Buffalo Nickel, dated 1935.
What seemed like a modest piece of spare change turned out to be a high-grade, rare variant of the coin — potentially with a mint error or unusually high preservation.
Upon further examination and grading by professionals, the coin’s value was confirmed, eventually fetching $64,500 at a numismatic auction.
What Makes the 1935 Buffalo Nickel Valuable?
The Buffalo Nickel, officially known as the Indian Head Nickel, was minted from 1913 to 1938. The 1935 edition is among the later years of the series, and while it’s not rare in circulated condition, certain factors can dramatically boost its value:
Key Value Factors:
- Mint Mark: Coins minted in Denver (D) or San Francisco (S) can be more desirable.
- Grade/Condition: Nickels graded MS-66 or higher are rare and sought after.
- Errors: Coins with Doubled Die Reverse (DDR) or Repunched Mint Mark (RPM) are highly valuable.
- Eye Appeal: Coins with strong strikes, minimal wear, and good toning demand higher prices.
1935 Buffalo Nickel Value Chart
Here’s a breakdown of potential values based on type and condition:
| Coin Type | Grade (Condition) | Approximate Value |
|---|---|---|
| 1935 (No Mint Mark) | MS-65 | $900 – $1,000 |
| 1935-D (Denver Mint) | MS-66 | $7,250+ |
| 1935-S (San Francisco Mint) | MS-65 | $4,000+ |
| With Doubled Die Reverse | MS-64+ | $50,000 – $105,000 |
| Repunched Mint Mark (RPM) | MS-63+ | $1,000 – $1,500 |
Note: The value of any coin can fluctuate based on current market demand, rarity, and grade.
How to Tell If You Have a Valuable Buffalo Nickel
Buffalo Nickels are known for wearing down easily, especially on the date and the buffalo’s horn. If you find one with:
- A clearly visible date
- Full feather or horn detail
- A mint mark (D or S) on the reverse under the denomination
- Unusual doubling or misstruck features
It’s worth taking it to a coin grading service or dealer to verify its authenticity and condition.
The story of the 1935 Buffalo Nickel found in a thrift store coat pocket is a compelling reminder that life-changing finds can hide in plain sight. For collectors and enthusiasts, it reignites the excitement of numismatics and the thrill of the hunt.
Whether you’re rummaging through a relative’s drawer, estate sale, or second-hand shop, it pays to keep an eye out — because the next $64,500 nickel might be in your pocket.
FAQs
How can I know if my 1935 Buffalo Nickel is worth money?
Check for mint marks, evaluate the condition, and look for any doubling or error signs. Coins in excellent condition with special features can be worth thousands.
What makes a Buffalo Nickel rare?
Rarity can come from low mintage, minting errors, or exceptional condition (uncirculated with minimal wear).
Where should I go to sell a rare coin?
Visit a reputable coin dealer, auction house, or certified numismatics platform. Having your coin graded professionally increases its value and trustworthiness to buyers.