The Buffalo nickel, also known as the Indian Head nickel, is a favorite among collectors due to its distinctly American design. It features the side profile of a Native American and a bison. Collectors typically evaluate each piece with mind to its rarity, quality, and die variation.
Notably, 1922 saw no Buffalo nickels struck at any U.S. Mint facility, creating a significant gap in the standard run. In this article, we’ll discuss why this occurred, how it affects the perceived value of these nickels today, and what American Hartford Gold can add to your collection.
Why Weren’t Any Buffalo Nickels Produced in 1922?
The missing 1922 issue is a result of conflicting priorities within production. In the early 1920s, the Mint diverted manpower and machinery toward silver dollars and other denominations driven by legislative mandates like the Pittman Act. As a result, nickel coining presses in Philadelphia, Denver, and San Francisco were idle that year.
This type of hiatus was not unheard of, similar pauses happened in other coin series whenever metal demand, bullion supplies, or economic policies shifted national priorities. For Buffalo nickels, the pause after 1921 meant the next legitimate strikes would carry the 1923 date, making any 1922 piece appear suspicious.
What Are the Risks for Collectors?
Counterfeiters sometimes take advantage of this historical setback by altering the “3” on a worn 1923 coin to resemble a “2” in an attempt to sell it while advertising the piece as “rare.” Close inspection will typically reveal tool marks, inconsistent thickness within the font, or uneven patina around the date.
Historic references consistently highlight the absence of genuine 1922 dies, so professionals will automatically deem any piece labeled as such to be “altered” or “counterfeit.” As a result, the 1922 Buffalo nickel remains merely a lesson about the importance of ensuring validity instead of a collectible.
What About Market Perception?
Since no 1922 nickels were ever released, collectors view the date as an opportunity to study history. Price guides leave the entry blank, and auction catalogs list the date only under sections relating to counterfeits.
How Do You Spot Altered Dates?
A genuine Buffalo nickel has details that forgers struggle to replicate. Close inspection often reveals filing lines or unnatural depressions where the original “3” once sat. Grainy photographic listings online make it easier to hide this.
Prospective buyers should insist on high‑resolution images or third‑party certification. Learning to recognize these details helps prevent losses and deepens appreciation for legitimate pieces, like the 1918/7‑D overdate or well‑struck 1937‑D “three‑legged” variety.
Acquire Silver With AHG
The story of the 1922 Buffalo nickel demonstrates the importance of doing proper research before acquiring a precious metal. Understanding mintages, official records, and authentication standards helps collectors avoid scams.
Additionally, metals like silver and gold have served as reliable ways to store wealth for many years, making them an excellent addition to any portfolio or Gold IRA. At American Hartford Gold, we help connect clients with pieces that align with their goals and set them up for future success.
Sources:
Bullion Coins: What They are, How They Work, Example | Investopedia
