COIN VALUE GUIDES · NICKELS

1929 Buffalo Nickel Value:No Mint Mark, D, S and Readable Dates

Locate the reverse mint mark, distinguish Fraser’s F from a mint letter, and compare strike quality without assigning a Three-Legged premium.

In this article

Quick answer

A readable 1929 Buffalo nickel can have a collector value above face value. NGC’s dated ordinary guides list Good at $2 for Philadelphia, $2.50 for Denver and $2 for San Francisco (August 23–24, 2021). A clear date and problem-free surfaces are important assumptions.

Higher grades and sharp strikes need separate comparisons: the 1929-D guide, for example, differs substantially in gem condition. A dateless, acid-restored or damaged coin does not inherit readable-date prices, and the famous 1937-D Three-Legged variety does not apply to 1929.

Coin photos

1929-P nickel obverse: read the full date; F beneath it is Fraser’s initial.
1929-P nickel obverse: read the full date; F beneath it is Fraser’s initial.
1929-P nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.
1929-P nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.
1929-D nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.
1929-D nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.
1929-S nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.
1929-S nickel reverse: D or S belongs below FIVE CENTS; Philadelphia is blank.

Basics & coin story

James Earle Fraser’s Buffalo design paired a Native American portrait with an American bison. In 1929 it was already an established circulating design, with a date position that could become difficult to read after wear.

NGC’s issue analysis links surviving 1929-S Mint State supply with coins held idle during the Depression. That survival pattern shows why mintage alone cannot rank every issue’s scarcity. The Buffalo nickel series guide provides the broader comparison.

Identification at a glance
FeatureWhat to check
Type / denomination1929 Buffalo nickel / five cents
DesignerJames Earle Fraser
Standard alloy75% copper; 25% nickel
Nominal weight / diameter5.00 g / 21.2 mm
EdgePlain
Mint-mark positionReverse below FIVE CENTS; Philadelphia blank

Identification

Read the date before searching for a premium

The date is on the obverse shoulder area and can wear away. Check all four digits under gentle angled light. Do not use acid to reveal a date; a restored-date coin is a different market category.

Use the reverse letter, not Fraser’s F

D or S appears below FIVE CENTS on the reverse; Philadelphia is blank. The small F beneath the obverse date is the designer’s initial, not a fourth mint or an error.

Judge strike and wear separately

Inspect the hair, bison’s shoulder and horn along with luster and friction. Weakly struck high points can survive on unworn coins. A missing-looking leg caused by wear or damage does not establish the different 1937-D variety.

1929-D reverse detail: look below FIVE CENTS for D; the obverse F is a designer initial.
1929-D reverse detail: look below FIVE CENTS for D; the obverse F is a designer initial.

Condition & value

Amounts are in U.S. dollars. The final column gives each source row’s update date (month/day/year), separate from the access date of November 13, 2026. Published guides are reference estimates, not guaranteed buying offers or seller net proceeds. Obtain recent like-for-like completed comparisons for an actual transaction.

MS means Mint State. Full Steps, Proofs and attributed varieties are excluded from the ordinary entries.

Ordinary-issue comparisons: match mint, condition and source date
IssueGrade / conditionUSD referenceBasisSource updated
1929 no markGood$2NGC retail guide08/23/2021
1929 no markFine$5NGC retail guide08/23/2021
1929 no markExtremely Fine 40$17.50NGC retail guide08/23/2021
1929 no markMS63$90NGC retail guide08/23/2021
1929 no markMS65$280NGC retail guide08/23/2021
1929-DGood$2.50NGC retail guide08/23/2021
1929-DFine$5NGC retail guide08/23/2021
1929-DExtremely Fine 40$35NGC retail guide08/23/2021
1929-DMS63$175NGC retail guide08/23/2021
1929-DMS65$1000NGC retail guide08/23/2021
1929-SGood$2NGC retail guide08/24/2021
1929-SFine$5NGC retail guide08/24/2021
1929-SExtremely Fine 40$22.50NGC retail guide08/24/2021
1929-SMS63$125NGC retail guide08/24/2021
1929-SMS65$425NGC retail guide08/24/2021

Readable circulated examples

Match the mint, full date and wear level to the table. The XF40 references are $17.50 for Philadelphia, $35 for Denver and $22.50 for San Francisco, updated August 23–24, 2021. These remain dated estimates, not live bids.

Denver gems and strike quality

The 1929-D ordinary guide lists $175 at MS63 and $1,000 at MS65, updated August 23, 2021. That difference concerns properly graded unworn specimens; it cannot be transferred to a worn D-mint nickel or to a coin made glossy by polishing.

Varieties, restoration and Proof claims

Price only a confirmed variety as that variety. There was no regular 1929 Proof Buffalo nickel issue. Restored dates, scratches, corrosion and altered surfaces require separate comparisons from problem-free regular strikes.

Photograph both faces under even light and record the visible date and mint mark. HeriBase can help organize an initial photo-based identification; verify important mint, finish and variety details against the references before using a price. An app result is not a certified grade, authentication or purchase offer.

Summary

Higher grades and sharp strikes need separate comparisons: the 1929-D guide, for example, differs substantially in gem condition. A dateless, acid-restored or damaged coin does not inherit readable-date prices, and the famous 1937-D Three-Legged variety does not apply to 1929. Match the complete issue and condition to a dated reference before seeking a current offer.

FAQ

Where is the 1929 Buffalo nickel mint mark?

D or S is on the reverse below FIVE CENTS. Philadelphia has no mint letter.

What does the F below the 1929 date mean?

It is Fraser’s designer initial, not a mint mark.

Is a 1929 Three-Legged Buffalo nickel the famous variety?

The famous Three-Legged variety is dated 1937-D. Wear, damage or a weak strike on a 1929 coin does not establish it.

Should I restore a worn Buffalo date with acid?

No. Acid changes the surface and creates a restored-date coin, which is valued separately from an original readable-date example.

References

References and further reading

References accessed November 13, 2026. Guide update dates, source publication dates and sale dates are distinct. No independent examination or current buying offer for a reader’s coin is implied.