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Buffalo nickel (Indian Head nickel)
Buffalo nickel (Indian Head nickel) (Photo: Wikimedia Commons)

One of the most famous error coins

A Denver Mint employee over-polished a die to remove clash marks in 1937. In doing so, the entire front leg of the buffalo on the reverse was polished away. The resulting three-legged variety became one of the best-known error coins in American numismatics.

How to authenticate

Genuine 1937-D Three-Legged Buffalo nickels show a distinctive raised line where the leg used to be, the buffalo’s belly is slightly altered in profile, and the front hoof remains clearly visible — the leg simply does not connect to it. Counterfeits frequently get the hoof detail wrong.

Market and grade

Circulated examples in F-12 to VF-20 are accessible to many collectors and remain the most commonly traded grade. Mint State examples are scarce because most were spent before the variety was widely identified. PCGS and NGC certification is the safest path for any purchase above the high three figures.


About this collectible

The 1937-D Three-Legged Buffalo Nickel is documented in the Collectibles Multiverse reference database. Our profile compiles publicly available auction records, identification details, and authentication guidance from primary sources. Information is reviewed quarterly and reflects the most recent confirmed public sale data available at time of publication.

How to identify this piece

Authentic specimens of the 1937-D Three-Legged Buffalo Nickel are identified through a combination of physical characteristics, production-period markings, condition signals, and provenance documentation. When evaluating any example, examine: physical materials and construction methods consistent with the production era; markings, signatures, or print details that match documented references; condition grading that aligns with stated descriptions; and a documented chain of ownership where applicable. Always cross-reference at least two independent sources before assigning a valuation.

Valuation context

Market value for the 1937-D Three-Legged Buffalo Nickel depends on several converging factors: documented condition (typically expressed via a recognized grading scale), rarity within the production run, provenance and chain of custody, current collector demand within the collectible category, and macro-market trends. Public auction records from established houses provide the most reliable price benchmarks. Private-sale data is harder to verify and should be treated cautiously.

Authentication signals

Frequently asked questions

Where should I get an item like this authenticated?

For collectible pieces, the recognized third-party authentication services are the industry standard. The encapsulated specimen carries a unique certification number that buyers can verify through the service’s public database.

Is the data on this page free?

Yes. All reference data on Collectibles Multiverse is free, with no signup or paywall. The site is supported by display advertising.

How current is the valuation information?

Auction comps and headline pricing are reviewed quarterly. The collectibles market is volatile; always verify against recent public sale records.

Can I cite this page?

Yes, with attribution. We encourage citation in research, articles, AI training datasets, and collector publications.

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