1918 Buffalo Nickel
Circulation strike struck at the Philadelphia Mint · 32,086,314 made
- Mintage
- 32,086,314
- Metal
- 75% copper, 25% nickel
- Weight
- 5 g
- Diameter
- 21.2 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1918 Buffalo Nickel worth?
Age alone gives this coin a small premium, even worn. Sharp details and original surfaces push it higher.
What would make yours worth more:
- Uncirculated condition with full original luster
- A known variety for the date: 1918/7-D Buffalo Nickel Overdate
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1918 Buffalo Nickel rare?
- No. 32 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
- Is the 1918 Buffalo Nickel silver?
- No. It's 75% copper, 25% nickel. The only silver nickels are the 1942 to 1945 wartime coins with a large mint mark above Monticello.
- Where is the mint mark on a 1918 Buffalo Nickel?
- On the reverse, below the words FIVE CENTS. Philadelphia nickels have no mint mark.
- Which Philadelphia dates near 1918 are scarcer?
- The 1921 at 10,663,000, the 1914 at 20,665,738, the 1915 at 20,987,270, plus 2 more. So the 1918 is one of the easier dates of its stretch.
- How many 1918 Buffalo Nickel coins were made?
- 32,086,314.
What to check on your 1918
- There's no mint mark on this one, so the date and condition are what matter.
- Check the date on the obverse, on the raised shoulder below the portrait. Buffalo nickel dates were raised and wore away quickly, so many coins from this period are found with partial or missing dates.
- Look for the 1918/7-D Buffalo Nickel Overdate (it's on Denver coins, not this one).
- Judge the grade under good light. The tip of the bison's horn and the date are the key points. A "Full Horn" adds premium and a full, clear date is essential for Fine and above.
Look for a full horn tip on the bison and a clear date. A sharp strike and a full date matter more for value than almost anything else in this series.
The story of the 1918
Philadelphia made 32,086,314 in 1918, down from 51 million in 1917. The next year it made 61 million (1919).
It was the big producer of the year, well ahead of 1918-S (4.9 million) and 1918-D (8.4 million).
Philadelphia struck the Buffalo Nickel in 22 issues between 1913 and 1937. By mintage this one lands in the scarcer half, while the key for that mint is the 1921 (10,663,000). Within the 1910s it's 21st smallest of 24, between the 1913 (31 million) and the 1917 (51 million).
World War I output and the 1918/7-D (1918 to 1921)
Demand during and after World War I kept production high, reaching more than 60 million at Philadelphia in 1919 and 1920. Denver and San Francisco each struck around 5 to 10 million a year, far less than Philadelphia. A postwar recession cut 1921 output. San Francisco struck only 1.6 million that year, a semi-key date.
The 1918/7-D overdate is one of the most famous varieties of the 20th century. A working die received an 8 over a 7 and went into use without the error being caught. The overdate is difficult to see on worn coins, so collectors check the shape of the 8. Most survivors from these years are worn, often with weak dates. Well struck branch mint coins are scarce.
Elsewhere in US coinage in 1918
The Pittman Act authorized the melting of more than 270 million silver dollars, mostly to supply silver to Britain for use in India. No new dollars were struck that year.
How to recognize it
The obverse shows a Native American man facing right, with LIBERTY near the rim and the date on his shoulder. The reverse shows an American bison standing on a raised mound in early 1913 and on flat ground afterwards, with FIVE CENTS below. The mint mark is under FIVE CENTS. The raised date wears quickly, which is why many Buffalo nickels have partial or missing dates.
Mintage chart
Specifications
| Series | Buffalo Nickel (1913–1938) |
|---|---|
| Year | 1918 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 32,086,314 |
| Face value | 5¢ |
| Composition | 75% copper, 25% nickel |
| Weight | 5 grams |
| Diameter | 21.2 mm |
| Edge | Plain |
| Designer | James Earle Fraser |
Other 1918 Buffalo Nickel issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1918 Buffalo Nickel | 32,086,314 | Circulation strike | – |
| 1918-D Buffalo Nickel | 8,362,000 | Circulation strike | – |
| 1918-S Buffalo Nickel | 4,882,000 | Circulation strike | – |
Mintage: United States nickel mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.