Have a photo? Submit it and we'll credit you.

As an eBay Affiliate, Collector's Key may be compensated if you make a purchase through the link(s) above.

1928-S

Nickels · Buffalo Nickels · 1913–1938
Regular
Weight5 g
Diameter21.2 mm
MintSan Francisco
StrikeCirculation strike
Mintage 6,936,000
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerJames Earle Fraser
Collector's Key IDCK-1309

Collection

collectors own this
on want lists

Your collection

Sign in to track this coin.

About this coinHistory

San Francisco struck 6,936,000 Buffalo nickels in 1928, a moderate production year that places the 1928-S in the mid-range scarcity category. The coin is available in circulated grades and accessible in Mint State through specialist channels at moderate premiums. Strike characteristics vary, with some dies producing sharper detail than others typical of San Francisco Buffalo production.

Collectors building complete Buffalo nickel sets acquire the 1928-S without extraordinary difficulty. The coin is typical of late-1920s San Francisco Buffalo output: available without difficulty, though scarcer than Philadelphia high-mintage years. For high-grade specialists, finding sharp MS65 or better examples requires searching but is achievable through persistent auction monitoring.

The 1928-S is one of several late-1920s branch mint Buffalo nickels that require more effort than common dates without demanding the premiums of genuine semi-keys. Date collectors add the coin routinely, and specialists pay modest premiums for well-struck examples that meet their strict preservation standards.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $1.50 $1.50
VG-8 Very Good (VG) $2 $2
F-12 Fine (F) $2.50 $2.50
VF-20 Very Fine (VF) $9 $10.50
EF-40 Extremely Fine (EF) $21 $24
AU-50 About Uncirculated (AU) $86 $99
MS-60 Uncirculated (MS) $265 $305
MS-63 Choice Uncirculated (MS) $790 $835
Frequently Asked QuestionsFAQ
How much is a 1928-S Buffalo Nickel worth?
In Good condition it runs about $1.50, rising to roughly $265–$305 in Uncirculated. These are reference values, not an appraisal.
How many 1928-S Buffalo Nickels were minted?
6,936,000 were struck.
What is a 1928-S Buffalo Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 1928-S 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-S Buffalo Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.