The Rare Nickel Error That Sold for Over $280,000

Tilted Brush Stroke
Curved Dotted Line

A 1916 Buffalo Nickel recently sold for a staggering $281,750.

The coin's value lies in a noticeable double die error.

Double dies occur when the die strikes the coin twice, misaligned.

Buffalo Nickels featured a Native American head and buffalo design.

They were minted from 1913 to 1938 by James Earle Fraser.

The obverse has a Native American portrait, the reverse a bison.

Over 63 million were minted in Philadelphia with no mintmark.