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1938-D Buffalo Nickel obverse
1938-D Buffalo Nickel reverse
obverse · reverse inset

1938-D Buffalo Nickel Value

1938-D Buffalo Nickel value guide -- the final year of the series, and typical prices by grade.

Worn to gem uncirculated
$4to$43

Condition drives the price — full breakdown below.

Year
1938
Mint
D · Denver
Composition
75% copper, 25% nickel
Mintage
7,020,000
Buyer protection
Funds released after delivery
Rated sellers
Metal Points earned on delivered orders
Make an offer
Negotiate directly with sellers
Insured shipping
Tracked, with combined shipping

Value by condition

GradeEstimated value
Good$4
Very Good$5
Fine$6
Very Fine$6
Extra Fine$6
About Unc.$10
Unc. (MS-60)$26
Choice Unc. (MS-63)$43
Priced fromUSA Coin BookRetrieved Aug 21, 2026

How rare is it?

7,020,000 struck — against the other key dates in the Buffalo Nickel series.

1926-S970,000
1913-S1,209,000
1938-D7,020,000
191330,993,520

Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.

Why it matters

01

The final year of the Buffalo Nickel series -- 1938 was the last year struck before the Jefferson Nickel replaced it.

02

Affordable in every grade, useful as a common-date baseline against the key dates and varieties above.

More Buffalo Nickel listings

Other dates and varieties in this series

View all

Buying a 1938-D Buffalo Nickel

What to check before you pay, specific to this date and its 7,020,000-coin mintage.

  1. Read the grade before the price

    The same date runs from about $4 worn to $43 at the top of the scale — a 10× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.

  2. Certified or raw both work here

    Grading fees would eat much of what this coin is worth, so raw examples are normal here and nothing to be wary of. Judge it on clear photos of both sides and the seller's track record instead.

  3. Compare sellers, not price guides

    Every Buffalo Nickel listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.

Common questions

About the 1938-D Buffalo Nickel

How much is a 1938-D Buffalo Nickel worth?

Value depends heavily on condition. A well-worn example brings closer to $4, while an uncirculated one can reach $43 or more.

What makes the 1938-D Buffalo Nickel valuable?

The final year of the Buffalo Nickel series -- 1938 was the last year struck before the Jefferson Nickel replaced it.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.

Other Buffalo Nickel key dates

The rest of the series, with what each is worth at the top of the grade scale.


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