Coin Specifications

Category: Buffalo Five Cents (1913-1938)
Mint: Philadelphia
Mintage: 4,420
Obverse Designer: James Earle Fraser
Reverse Designer: James Earle Fraser
Composition: Copper-Nickel
Weight: 5.0000g
Diameter: 21.2mm
Edge: Plain
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1936 SATIN 5C PF obverse 1936 SATIN 5C PF reverse

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Description & Analysis

When the sale of proof coins resumed in 1936 after a 20-year hiatus, the Philadelphia Mint had to devise a new procedure for preparing both dies and planchets. The so-called "matte" proofs of 1913-16 had been unpopular in their own time, and a more appealing product was sought.

The first proof cents and nickels shipped to collectors in 1936 had a satiny, semi-brilliant finish that was accompanied by a superior strike. Such coins were obviously better than currency pieces, but collectors still complained that they weren't fully brilliant like the proof nickels coined 1866-1912.

The satin proof edition of 1936 is now almost as highly sought as the succeeding brilliant proof, and in some respects they are superior. A sophisticated numismatist will appreciate the full rendering of Fraser's design that was lost in part when the mint overpolished the dies to give them the desired brilliance.

This issue, though it is more scarce than the brilliant edition, has a fair number of gem survivors. Only at the highest grades is it quite rare, but that is true of most U. S. Mint proofs dated 1936-42.


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Price Guide

Last Updated: 1/17/2017

Click on a price to see historical prices, comparison charts and trends.

1936 SATIN 5C PF
Base $ - - - - - - - - - 825 1000 1075 1300 1550 1600 1750 2500 10750 47000 -
$ - - - - - - - - - 1575 - 2050 3200 16100

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Total Graded: 610
Low Grade: 58
Average Grade: 65
High Grade: 68

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
5/31/2004 PCGS PF 67   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 510 $2,415.00
8/18/2004 PCGS PF 67   Heritage Auctions 2004 August Pittsburgh, PA Signature Sale #352, 352/Lot# 5588 $2,645.00
6/8/2006 PCGS PF 65   Teletrade Auction 2216, 2216/Lot# 1040 $1,680.00
6/12/2006 NGC PF 66   David Lawrence Rare Coins Internet Auction # 91, 96/Lot# 272 $1,610.00
4/7/2013 PCGS PF 67   GreatCollections GreatCollections Coin Auctions 04/07/2013, 69/Lot# 109043 $1,932.70
3/28/2014 PCGS PF 66   Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 5183 $1,410.00
10/8/2014 PCGS PF 65   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(1), 1210/Lot# 3307 $1,175.00
  PCGS PF 66   Bonhams $1,638.00

NGC Registry

NGC Registry Score 1936 SATIN 5C PF
Registry Image Gallery
Grade: PF 68
Points: 5922
Owner: Montana Grampa
Grade: PF 67
Points: 2910
Owner: MikeInFL
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