The 1918-D Buffalo Nickel is a well-known coin among collectors, especially due to a rare minting error called the “8 Over 7” variety. This mistake makes some of these coins highly valuable and sought after by enthusiasts. In this article, we’ll explore what the 1918-D Buffalo Nickel is, how the “8 Over 7” error happened, how to identify it, and what factors affect its value.
What Is the 1918-D Buffalo Nickel?
The 1918-D Buffalo Nickel was minted in Denver, as shown by the “D” mint mark. This nickel is part of the Buffalo Nickel series, which ran from 1913 to 1938. It features a Native American on the front (obverse) and an American bison on the back (reverse). What makes this coin special is the “8 Over 7” error, where the number “8” was stamped over the “7” in the date.
What Is the 8 Over 7 Error?
The “8 Over 7” error on the 1918-D Buffalo Nickel occurred when the die (the tool used to strike the coin) was first marked with a “7” and then changed to an “8” without properly removing the earlier impression. This resulted in the faint outline of a “7” beneath the “8” in the date. Such errors are very rare, making this coin extremely interesting to collectors.
Key Features of the 1918-D Buffalo Nickel
| Feature | Description |
|---|---|
| Year | 1918 |
| Mint Location | Denver (D) |
| Obverse Design | Native American profile with “8 Over 7” error |
| Reverse Design | American bison standing on a plain |
| Material | 75% copper, 25% nickel |
| Error | 8 Over 7 in the date, with traces of the “7” visible |
| Value Range | Between $1,000 and $35,000, depending on condition |
How to Identify a 1918-D 8 Over 7 Buffalo Nickel
Identifying the 1918-D Buffalo Nickel with the 8 Over 7 error can be a bit tricky, but here’s what to look for:
- Date Doubling: Check the “8” in the year “1918.” If you see a faint “7” underneath, it’s likely an 8 Over 7 error.
- Use a Magnifying Glass: It can be hard to spot the overlapping “7” with the naked eye, so a magnifying glass can help make it clear.
- Look for the Mint Mark: Make sure the coin has a “D” mint mark, as this error only occurred with coins made in Denver.
Why Is the 1918-D 8 Over 7 Buffalo Nickel Valuable?
The rarity of the error makes the 1918-D 8 Over 7 Buffalo Nickel very valuable. Fewer coins were struck with this error, so finding one in good condition is rare. Because of its unique history and the mistake in its minting, collectors are willing to pay a high price for these coins.
How Much Is a 1918-D 8 Over 7 Buffalo Nickel Worth?
The value of a 1918-D 8 Over 7 Buffalo Nickel depends on its condition, or “grade.” Coins in better shape are worth more. Here’s a general idea of their value:
| Coin Condition | Estimated Value Range |
|---|---|
| Good (G-4) | $1,000 – $2,500 |
| Very Fine (VF-20) | $5,000 – $10,000 |
| Extremely Fine (XF-40) | $15,000 – $25,000 |
| Uncirculated (MS-60) | $30,000 – $35,000 |
Where to Buy or Sell a 1918-D 8 Over 7 Buffalo Nickel?
If you want to buy or sell a 1918-D 8 Over 7 Buffalo Nickel, here are some good options:
- Local Coin Dealers: They can provide appraisals and may have interested buyers.
- Online Auctions: Sites like eBay and Heritage Auctions often feature rare coins.
- Coin Shows: Attending a coin show can help you find buyers or sellers for your coin.
- Professional Grading Services: For higher-value coins, getting a professional grade from services like PCGS or NGC can help confirm authenticity and increase value.
Conclusion
The 1918-D Buffalo Nickel with the 8 Over 7 error is a rare and fascinating piece of American coinage. Its uniqueness comes from a minting mistake that left the faint mark of a “7” under the “8.” Because of this error, these coins are highly valued among collectors. If you own one, it could be worth a significant amount, depending on its condition. Whether you’re a seasoned collector or new to the hobby, the 1918-D 8 Over 7 Buffalo Nickel is a great coin to know about.
FAQ’s
Q1: How rare is the 1918-D 8 Over 7 Buffalo Nickel?
A1: It is quite rare, with only a limited number of these error coins available. This rarity makes it highly prized by collectors.
Q2: How can I tell if my 1918-D Buffalo Nickel has the 8 Over 7 error?
A2: Look closely at the “8” in the date using a magnifying glass. If you see traces of a “7” underneath, you likely have an 8 Over 7 error coin.
Q3: How much is a regular 1918-D Buffalo Nickel worth without the error?
A3: A regular 1918-D Buffalo Nickel without the error might be worth between $10 and $50, depending on its condition.
Q4: Should I get my 1918-D 8 Over 7 Buffalo Nickel graded?
A4: Yes, getting your coin professionally graded can help verify its condition and authenticity, making it easier to sell for a fair price.
Q5: Are there other Buffalo Nickels with valuable errors?
A5: Yes, other valuable Buffalo Nickels include the 1916 Doubled Die Obverse and the 1937-D Three-Legged variety. These errors are also highly sought after by collectors.