Expert Comments

David Hall

The 1926-S is rare in lower circulated grades and very rare in circulated grades of VF20 or better. It is really rare in mint state condition and in Gem MS65 it is the rarest non-variety Buffalo nickel and as such it is one of the most important rarities of 20th Century numismatics. I have never seen or heard of a specimen grading above MS65. Strike can be somewhat of a problem with this issue, but not as much so as with the 1920-S, 1923-S and 1925-S. It's not the strike, it's the fact that not many Gem examples exist at all. Luster is of the subdued semi-satiny type. Excluding the 1918/7-D overdate, this issue is THE key date to the Buffalo nickel series.

 

PCGS #
3959
Designer
James Earle Fraser
Edge
Plain
Diameter
21.20 millimeters
Weight
5.00 grams
Mintage
970000
Metal
75% Copper, 25% Nickel
Pop Higher
3
Pop Lower
2878
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 11000 R-2.9 43 / 69 TIE 44 / 72 TIE
All Grades 500 R-6.0 6 / 69 TIE 6 / 72 TIE
60 or Better 20 R-9.1 4 / 69 4 / 72
65 or Better 11000
All Grades 500
60 or Better 20
65 or Better R-2.9
All Grades R-6.0
60 or Better R-9.1
65 or Better 43 / 69 TIE
All Grades 6 / 69 TIE
60 or Better 4 / 69
65 or Better 44 / 72 TIE
All Grades 6 / 72 TIE
60 or Better 4 / 72

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS65+ PCGS grade MS65+ PCGS grade
1 MS65+ PCGS grade MS65+ PCGS grade

Heritage 10/2011:3409, $115,000 - Legend Rare Coin Auctions 1/2017:131, not sold

1 MS65+ PCGS grade MS65+ PCGS grade

Rafferty Collection - Heritage 1/2018:4790, $99,000 - Legend Rare Coin Auctions 9/2018:292, not sold - Legend Rare Coin Auctions 9/2019:165

4 MS65 PCGS grade MS65 PCGS grade

Heritage 10/2012:3503, $79,312 - Heritage 4/2013:4162, $76,375

4 MS65 PCGS grade MS65 PCGS grade

Bowers & Merena 4/2008:218, $322,000 - Heritage 9/2013:6286, $105,750 - Heritage 1/2014:5168, $94,000

MS65+ PCGS grade #1 MS65+ PCGS grade
MS65+ PCGS grade #1 MS65+ PCGS grade

Heritage 10/2011:3409, $115,000 - Legend Rare Coin Auctions 1/2017:131, not sold

MS65+ PCGS grade #1 MS65+ PCGS grade

Rafferty Collection - Heritage 1/2018:4790, $99,000 - Legend Rare Coin Auctions 9/2018:292, not sold - Legend Rare Coin Auctions 9/2019:165

MS65 PCGS grade #4 MS65 PCGS grade

Heritage 10/2012:3503, $79,312 - Heritage 4/2013:4162, $76,375

MS65 PCGS grade #4 MS65 PCGS grade

Bowers & Merena 4/2008:218, $322,000 - Heritage 9/2013:6286, $105,750 - Heritage 1/2014:5168, $94,000