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1928-D

Nickels · Buffalo Nickels · 1913–1938
Regular
Weight5 g
Diameter21.2 mm
MintDenver
StrikeCirculation strike
Mintage 6,436,000
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerJames Earle Fraser
Collector's Key IDCK-1308

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About this coinHistory

Denver's 1928 Buffalo nickel mintage was 6,436,000 coins, a moderate figure that places the 1928-D in the mid-range scarcity category. The coin is available in circulated grades and accessible in Mint State with moderate effort. Denver strike characteristics for 1928 are generally improved over earlier mid-1920s production, with many examples showing sharper detail than typical Denver Buffalo output.

Collectors building complete Buffalo nickel sets acquire the 1928-D without extraordinary difficulty. Well-struck Gem examples are available through specialist channels at modest premiums, and the coin fills its slot in the date-and-mint sequence as a typical late-1920s branch mint Buffalo issue.

The improved strike quality of 1928-D nickels compared to earlier Denver production may reflect better die maintenance, newer press equipment, or simply fewer dies used across the year's production. Whatever the cause, collectors find the 1928-D easier to acquire in Gem condition than comparable mintages from earlier years, which affects relative pricing in specialist markets.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $1 $1.50
VG-8 Very Good (VG) $2 $2.50
F-12 Fine (F) $4 $4.50
VF-20 Very Fine (VF) $12.50 $14.50
EF-40 Extremely Fine (EF) $36 $42
AU-50 About Uncirculated (AU) $45 $52
MS-60 Uncirculated (MS) $53 $61
MS-63 Choice Uncirculated (MS) $112 $119
Frequently Asked QuestionsFAQ
How much is a 1928-D Buffalo Nickel worth?
In Good condition it runs about $1–$1.50, rising to roughly $53–$61 in Uncirculated. These are reference values, not an appraisal.
How many 1928-D Buffalo Nickels were minted?
6,436,000 were struck.
What is a 1928-D Buffalo Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 1928-D 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 1928-D Buffalo Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.