Kim
For three quiet decades, a ceramic piggy bank sat undisturbed on a shelf in an Ohio home. It was a simple container for loose change—nickels, dimes, and quarters that accumulated over the years. But unknown to its owners, one rare coin had been lying silently inside, waiting to change someone’s life.
A Coin Forgotten by Time
The Buffalo Nickel, also called the Indian Head Nickel, was minted between 1913 and 1938. It is one of the most celebrated American coins, featuring a Native American profile on one side and a buffalo—believed to be inspired by “Black Diamond,” a bison from New York City’s Central Park Zoo—on the other.
Among these coins, one of the rarest is the 1918/7-D overdate Buffalo Nickel. This error coin was created when a 1917 die was mistakenly re-engraved with the 1918 date, leaving behind a visible overstrike. Only a limited number were produced, and far fewer survive in collectible condition.
The Accidental Discovery
The coin was discovered not by a collector or expert, but by Megan Thompson, a 38-year-old woman cleaning out her late grandfather’s home. As she sifted through his belongings, she came across an old piggy bank. Planning to donate the coins or use them in a kiosk, she took one last look.
One worn nickel caught her eye. Curious, she showed it to a friend with a casual interest in coin collecting. That friend immediately suspected it was something special.
They took the coin to a local coin shop, where a professional dealer instantly recognized it. “It’s one of the rarest Buffalo Nickels out there,” he said.
Authentication and Valuation
The coin was sent to a top-tier grading service and confirmed as a genuine 1918/7-D Buffalo Nickel in Extremely Fine (EF) condition. While not mint-state, the combination of its rarity and condition made it highly valuable.
Auction estimates place its value between $35,000 and $45,000, depending on bidding interest.
Professional numismatist Laura Simmons remarked, “These overdate errors are so rare that even seasoned collectors rarely get to see one in person.”
Why the 1918/7-D Buffalo Nickel Is So Valuable
| Feature | Details |
|---|---|
| Coin Name | 1918/7-D Buffalo Nickel |
| Mint Location | Denver (D Mint Mark) |
| Error Type | Overdate (1917 die overpunched with 1918) |
| Condition Found | Extremely Fine (EF) |
| Estimated Value | $35,000 to $45,000 |
| Current Rarity | Extremely Rare – Few Surviving Examples |
| Collector Interest | Very High |
A National Wake-Up Call for Coin Holders
The story has gone viral, prompting countless others to examine their own loose change, jars, and piggy banks. Forgotten coins from the early 1900s—especially Buffalo Nickels—are now being scrutinized for rare errors and historical value.
Experts recommend:
- Never clean old coins, as it can reduce their value.
- Handle coins by the edges to preserve condition.
- Have coins appraised by a certified numismatist before selling or trading.
More Than Just a Coin
For Megan, the value of the Buffalo Nickel was secondary to the emotional connection. “He wasn’t a collector,” she said of her grandfather. “He just saved coins. I think he’d be amazed to know what was in there.”
This forgotten coin became a bridge to her family’s past and a reminder that value can lie in the ordinary—sometimes right under our noses.
The story of the Buffalo Nickel found in a piggy bank serves as a powerful reminder that hidden treasures exist in the most unexpected places. What started as a dusty coin jar ended in a life-changing discovery worth tens of thousands of dollars.
Whether you’re a collector or simply curious, it might be time to take a second look at your own stash of change—because you never know what rare piece of history could be hiding in plain sight.
FAQs
What is a 1918/7-D Buffalo Nickel?
It’s a rare overdate coin where the 1917 die was struck again with the 1918 date, causing both years to appear faintly.
How do I know if I have a rare Buffalo Nickel?
Check for unique features like overdates or mint marks. A coin dealer or grading service can confirm its rarity and value.
Should I clean old coins before selling them?
No. Cleaning coins can significantly reduce their value. Always consult an expert before altering the coin’s appearance.