Representative series imageBuffalo NickelReference art may not show this exact date or mint.
Buffalo Nickel
U.S. collector price guide

1923 Buffalo Nickel

Denomination
Nickel
Mint
P (Philadelphia)
Composition
copper-nickel
Mintage
35,715,000
Guide value by grade$4.00–$550
Reliable6 priced grades

This page has imported grade-level guide data and is ready for normal collector comparison.

Circulated$4.00
Gem uncirculated$550
Updated 2026-06-09published-guideHow the guide works →
Grade Ladder
$4$21$107$550G-4VG-8F-12VF-20EF-40MS-60
Tab, hover, or tap a grade to see the price jump
Price by Grade
GradeQualityEst. Value
Good-4Good
$4
Very Good-8Very Good
$4
Fine-12Fine
$8
Very Fine-20Very Fine
$15
Extremely Fine-40Extremely Fine
$55
MS-60Mint State
$550

Estimates from published guides and recent sold data. Grade is everything. Verify before you buy.

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What to do next
Check the gradeValue changes by condition. Compare the grade ladder before using the headline estimate.
Watch melt valueFor silver or gold issues, melt value can become the practical floor.
Verify before buyingUse methodology, source confidence, and recent comps before making purchase decisions.
Common Questions

What is the 1923 Buffalo Nickel worth?

Current guide estimates on this page range from $4.00 to $550 depending on grade.

Why does grade matter for the 1923 Buffalo Nickel?

Coin value can change sharply by condition. Use the grade ladder and price-by-grade table before relying on any single headline estimate.

Does melt value affect the 1923 Buffalo Nickel?

This page does not show a meaningful melt floor for this coin, but silver and gold issues can have metal value that affects lower-grade outcomes.

Survivor's LedgerNo. cs_us_nickel_buffalo-nickel_1923_p_none
103years survived since minting
Minted
1923
Denomination
Nickel
Composition
copper-nickel
Mintage
35,715,000

Buffalo Nickel series: The Native American obverse and American Bison reverse made this one of the most distinctly American coin designs ever struck. Fraser used three different Native American men as composite models. The Type 1 of 1913 placed the buffalo on a raised mound; revised mid-year to a flat plain for better die durability. Designed by James Earle Fraser. Struck 1913–1938.

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Guide record
Grade and metal context

Use the grade ladder, pricing confidence, and melt floor together before making a buying decision.

Read methodology →
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