1913 type one buffalo nickel vs. 1909 vdb matte proof buffalo nickel & Lincoln head cents.
BUFFNIXX
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The mintage of both the 1913 type one matte proof buffalo nickel and the 1909 vdb matte proof Lincoln cent have similar mintages yet the cent is far and away the more expensive of the two coins. You would think the demand for them in type sets as well as a component of the complete set would make them more equal in price but no. Is this just the ole law of supply n demand at work?
Collector of Buffalo Nickels and other 20th century United States Coinage
a.k.a "The BUFFINATOR"
a.k.a "The BUFFINATOR"
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Don't know why that is so. Hype maybe? Then you have the 1916 Buff MP with just over half the mintage of these two. and worth much less than the cent.
No. It is likely that one or two large purchases were made of 1909-VDB proof cents at the Philadelphia Mint - possibly for the novelty of the first US coin with a portrait of a real person on it. A mere $10 would have bought 500 of these (or is it 300.....forgot the cost of the proof cent....)
The first component of price is demand, the second is scarcity.....The first is cyclic.... and if it is in the up cycle, the coin is expensive.... down cycle, you lose money - but can add to your set at a reasonable cost.
Cheers, RickO
I just submitted a "what I hope to be a proof 1913 TY 1" Sure looked it> Let you know if it comes to be true.
Is the nickel off-center? That would make a tremendous difference.
jdimmick -- let us know if you have a proof. a great thrill to pick a proof buff unattributed from the herd.
a.k.a "The BUFFINATOR"