Coin Collector's Guide to the Indian Head Nickel
This is Better Known as the Buffalo Nickel
By Rhonda Earley, published Jan 11, 2007
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The Indian Head Nickel (Buffalo Nickel) was designed by sculpter James Earle Fraser. At the time of President Roosevelt's time in office, he wanted the design of coins changed as most coins of the age were designed by Charles E. Barber (Barber Dime, Barber Quarter, Barber Half Dollar) and the President considered his designs "ugly". In 1911, Treasury Secretary Franklin MacVeagh, who had worked with Roosevelt in the past and agreed with his opinions on U.S. coinage design and hired James Earle Fraser to design a new nickel. This happened after the Roosevelt Presidency was complete. The new design came out during the Taft Presidency.
The obverse (front) features a profile of a Native American which was a composite portrait of three Native American chiefs: Iron Tail, Big Tree, and Two Moons. The "buffalo" portrayed on the reverse (back) was an American Bison, Black Diamond, from the Bronx Zoo.
Coin Collector's Guide to the Indian Head Nickel
1936 Indian Head Cent better known as the Buffalo Nickel
Credit: Rhonda Earley
Copyright: Rhonda Earley
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Takeaways
- Buffalo Nickels were more of a novelty in the 1970s than a collectable
- Renewed intrest in the Indian Head Nickel will drive prices up
- Great coin to start a collection with
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Posted on 02/23/2007 at 10:02:00 AM