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Greysheet Catalog Details (GSID: 3137)

The 1931-S Five cents is part of a series of Buffalo nickel coins struck from 1913-1938. Struck in San Francisco and designated as a Business (MS) strike, this coin is made of 75% copper; 25% nickel from a mintage of 1,200,000 struck.
The 1931-S Buffalo nickel has the second-lowest mintage of the series, at just 1,200,000. However, by the early 1930s many collectors were saving new coins being released by the US Mint, and many were aware of the low mintage of the 1931-S and held onto roll quantities of these coins — as had been done with the similarly scarce 1931-S Lincoln cent. It is thought that perhaps there are as many, if not more, uncirculated 1931-S Buffalo nickels in existence than there are circulated examples.

While not the most common of the Gem-grade Buffalo nickels, the 1931-S is by no means all that scarce in the better grades, with 3,000 or so specimens estimated to remain in MS65 or higher. There are hundreds certified by PCGS and NGC in the Superb Gem level of MS66 though fewer than two dozen in MS67, a grade point that is particularly attractive to Buffalo nickel enthusiasts who are building registry sets.

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: 3137
Coin Date: 1931-S
Denomination: 5c / Five cents
Designation: MS
Mint Mark: S
Mint Location: San Francisco
Mintage: 1,200,000
Coinage Type: Buffalo nickel
Coinage Years: 1913-1938
Composition: 75% copper; 25% nickel
Strike Type: Business
Diameter: 21.2 mm
Weight: 5 gr
Coin Shape: Round
Designer: James Earle Fraser
Obverse Lettering: LIBERTY, 1931
Obverse Designer: James Earle Fraser
Reverse Lettering: UNITED STATES OF AMERICA, E PLURIBUS UNUM, FIVE CENTS
Reverse Designer: James Earle Fraser
PCGS #: 3971
NGC ID: 22SK
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All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

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