1936 Satin Finish Nickel PR Values
Details
When the US Mint resumed the production of proof coins in 1936, the first Buffalo nickels of that proof series were struck with a satin finish similar to the matte proofs of a generation earlier. This did not prove popular with collectors, and the satin finish was quickly terminated in favor of a brilliant proof finish, and some collectors categorically refer to the satin proofs as Type 1 proofs while the Brilliant proofs are dubbed Type 2. About 2,000 are estimated to exist, with most encountered in the PR64-67 range. Several dozen have been certified as PR68, and PCGS has graded two as PR69.
Obverse: James Earle Fraser's famous and simple design depicts a Native American chief with the word LIBERTY from 1-2 o'clock. The date is placed on the lower left of the chieftain's bust.
Reverse: A full portrait of the bison, Black Diamond, with the words UNITED STATES oF AMERICA at the top periphery with the motto E PLURIBUS UNUM just underneath. The denomination FIVE CENTS is spelled out at the bottom. For the Type 1, the denomination is embossed on a flat surface.
Basic Information
GSID:
3155
Coin Date:
1936
Denomination:
5c / 5 Cents
Designation:
PR
Mint & Coinage Details
Mint Location:
Philadelphia
Mintage:
4,420
Coinage Type:
Buffalo nickel
Coinage Years:
1913-1938
Composition:
75% copper; 25% nickel
Varieties and Classification
Variety:
Satin Finish
Physical Characteristics
Weight:
5 gr
Weight:
0.1608 oz
Strike Type:
Proof
Diameter:
21.2 mm
Coin Shape:
Round