Understanding the 1938-D D Over S Buffalo Nickel Variety

The 1938-D D Over S Buffalo Nickel is a fascinating and sought-after variety among collectors. As the last year of issue for the Buffalo Nickel series, the 1938-D holds historical significance, but the D Over S mintmark error makes it even more desirable. This variety was created due to a minting mishap in which a coin die originally intended for the San Francisco Mint (S) was repurposed and later stamped with a Denver Mint (D) mark.

The History of the 1938-D Buffalo Nickel

The Buffalo Nickel, designed by James Earle Fraser, was first introduced in 1913 and remained in circulation until 1938, when it was replaced by the Jefferson Nickel. The final year of the Buffalo Nickel’s production was minted only in Denver, marking the end of an era for this iconic design.

While most 1938-D Buffalo Nickels are standard issues, a small number display an over-mintmark error, where the original S mintmark was stamped over with a D mintmark. This was a result of the U.S. Mint’s efforts to reuse dies rather than discard them, a common practice at the time.

Identifying the D Over S Variety

Collectors can identify the 1938-D D Over S Buffalo Nickel by closely examining the mintmark, which is located below the denomination “FIVE CENTS” on the reverse. Key diagnostics of this variety include:

• Traces of the underlying S mintmark visible beneath the D.
• Distinct doubling or remnants of the S at the edges of the D.
• Stronger visibility under magnification, especially at 5x to 10x power.
• Mint State examples often show a sharper contrast between the two mintmarks, while circulated coins may be more difficult to identify.

Rarity and Value

The 1938-D D Over S Buffalo Nickel is considered a scarce variety, but it is still relatively accessible compared to earlier Buffalo Nickel errors. The value of this coin depends on grade and condition:

• Circulated Grades (VG to XF): $50 – $200
• Uncirculated (MS-60 to MS-64): $400 – $800
• Gem Mint State (MS-65 and above): $1,000+

Higher-grade examples, especially those certified by PCGS or NGC, can fetch significant premiums at auction.

Collecting and Authentication

Due to its value and popularity, counterfeit or altered examples exist, making authentication crucial. To ensure you have a genuine D Over S variety, follow these steps:

1. Use a 10x magnifier to inspect the mintmark closely.
2. Compare with verified examples from reputable sources like PCGS or NGC.
3. Seek professional grading for authentication and market value protection.

Conclusion

The 1938-D D Over S Buffalo Nickel is a standout variety that offers a fascinating glimpse into U.S. Mint history. As a last-year issue with a mint error, it remains a prized find for collectors. Whether you’re an experienced numismatist or a beginner, this coin is a must-have for any Buffalo Nickel collection.

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