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Buffalo Nickel 5c Satin Finish, 1936 PR

Buffalo Nickel 5c Satin Finish, 1936 PR

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Greysheet Catalog Details (GSID: 74212)

The Buffalo Nickel Five cents is part of a series of Buffalo nickel coins struck from 1913-1938. The specific variety is Satin Finish. Struck in Philadelphia and designated as a Proof (PR) strike, this coin is made of 75% copper; 25% nickel from a mintage of 4,420 struck.
When the US Mint resumed the production of proof coins in 1936, the first Buffalo nickels of that proof series were struck with a satin finish similar to the matte proofs of a generation earlier. This did not prove popular with collectors, and the satin finish was quickly terminated in favor of a brilliant proof finish, and some collectors categorically refer to the satin proofs as Type 1 proofs while the Brilliant proofs are dubbed Type 2. About 2,000 are estimated to exist, with most encountered in the PR64-67 range. Several dozen have been certified as PR68, and PCGS has graded two as PR69.
Obverse: James Earle Fraser's famous and simple design depicts a Native American chief with the word LIBERTY from 1-2 o'clock. The date is placed on the lower left of the chieftain's bust.
Reverse: A full portrait of the bison, Black Diamond, with the words UNITED STATES oF AMERICA at the top periphery with the motto E PLURIBUS UNUM just underneath. The denomination FIVE CENTS is spelled out at the bottom. For the Type 1, the denomination is embossed on a flat surface.

Catalog Details    Dealers Only

Catalog Detail

GSID: 74212
Coin Date: Buffalo Nickel
Denomination: 5c / Five cents
Designation: PR
Mint Mark: P
Mint Location: Philadelphia
Mintage: 4,420
Coinage Type: Buffalo nickel
Coinage Years: 1913-1938
Composition: 75% copper; 25% nickel
Variety: Satin Finish
Variety 2: 1936
Strike Type: Proof
Diameter: 21.2 mm
Weight: 5 gr
Coin Shape: Round
Designer: James Earle Fraser
Obverse Lettering: LIBERTY, 1936
Obverse Designer: James Earle Fraser
Reverse Lettering: UNITED STATES OF AMERICA, E PLURIBUS UNUM, FIVE CENTS
Reverse Designer: James Earle Fraser
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