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1916

Nickels · Buffalo Nickels · 1913–1938
Regular
Weight5 g
Diameter21.2 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 63,498,066 Combined mintage for all 1916 Philadelphia varieties
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerJames Earle Fraser
Collector's Key IDCK-1273

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About this coinHistory

Philadelphia's 1916 Buffalo nickel mintage reached 63,498,066 coins, a massive production year that reflected surging commercial demand as the United States economy expanded in the years leading up to World War I entry. The high mintage makes the 1916 Philadelphia coin common in all grades and readily available in Mint State. Strike characteristics for the year are variable, and specialists note that some 1916 dies produced noticeably softer detail than the Mint's best work.

The high mintage is particularly significant because 1916 also produced the famous Doubled Die Obverse variety (cataloged separately), which was struck from a limited number of dies within the overall Philadelphia output. The fact that so many normal-die 1916 nickels exist alongside the rare DDO creates interesting study opportunities for specialists comparing normal and doubled strikes.

1916 was the year Woodrow Wilson was re-elected president on the campaign slogan "He kept us out of war." Within five months of his second inauguration, the United States would declare war on Germany and enter World War I. The Buffalo nickels struck in the final year of American neutrality witnessed the last moments before the country's full engagement with European conflict and the beginning of the military buildup that would transform American industry and monetary policy.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $5 $6
VG-8 Very Good (VG) $5.50 $6.50
F-12 Fine (F) $6.50 $7.50
VF-20 Very Fine (VF) $8 $9
EF-40 Extremely Fine (EF) $12.50 $14.50
AU-50 About Uncirculated (AU) $19.50 $23
MS-60 Uncirculated (MS) $40 $46
MS-63 Choice Uncirculated (MS) $105 $111
Frequently Asked QuestionsFAQ
How much is a 1916 Buffalo Nickel worth?
In Good condition it runs about $5–$6, rising to roughly $40–$46 in Uncirculated. These are reference values, not an appraisal.
How many 1916 Buffalo Nickels were minted?
63,498,066 were struck (Combined mintage for all 1916 Philadelphia varieties).
What is a 1916 Buffalo Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 1916 Buffalo Nickel?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1916 Buffalo Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.