Description and Analysis

Buffalo Five Cents
1913 S TYPE 2 5C MS

Description & Analysis

This is among the rarest of the date/mint combinations in the Indian Head/Buffalo series. It has the third smallest mintage, only slightly higher than that of the 1931 S nickel, but that's where the comparison ends. The latter date was not released immediately, its low mintage was known beforehand, and vast numbers were preserved in Mint State. In contrast, the 1913 S Type 2 nickel was released quickly and at a time when very few persons were collecting current issues by date and mint. Hoarding activity was centered around the Type 1 nickels, and this second emission was largely overlooked. Finally, the shallow dates of 1913 nickels meant that any coins entering circulation would be dateless within 15-20 years.

The certified population of 1913 S Type 2 nickels gives a false impression of actual availability, as the value of these coins prompts a far greater rate of submission for grading. Gems are truly rare, and this coin is often found quite weakly struck, though the problem is certainly not as great as it is for the 1913 S Type 1 nickel.

A nice repunched mintmark variety is known. The first impression was east of the final one, both letters S being quite distinct.