1928 (D) Buffalo Nickel
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$17,250 MS67* 01-03-2012 Heritage Auctions
Description
The 1928 (D) Buffalo Nickel is a nickel from the Denver Mint, belonging to the Buffalo Nickels 1913-1938 series. With a mintage of 6.4 million, this is a less common issue — the lowest mintage among 3 mint variants, representing only 17% of total production. The obverse features a composite Native American portrait combining features of three real tribal chiefs — Iron Tail (Lakota), Two Moons (Cheyenne), and John Big Tree (Seneca) and the reverse displays an American bison (often called Black Diamond after the famous bison at the Bronx Zoo) standing on a mound. Minted during and after World War I, as America emerged as a global power and experienced the prosperity of the Roaring Twenties. The Denver Mint, which grew from an 1860s gold rush assay office, has served as a major production facility since 1906. Estimated market value ranges from $2 to $132 depending on grade and condition. Struck in 75% copper, 25% nickel, weighing 5 grams, 21.2 mm in diameter, with a plain edge. Cataloged as PCGS #3964.
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