Among U.S. coins, the 2005 American Bison Nickel stands out as a collector’s favorite—especially when it contains rare errors. Some of these nickels have sold for over $1,000, thanks to a unique flaw known as the “Speared Bison” error. If you’ve ever wondered whether your loose change could be hiding a valuable treasure, this guide will help you identify and authenticate these sought-after coins.
Table of Contents
Key Details
| Feature | Details |
|---|---|
| Coin Name | 2005 American Bison Nickel |
| Mint Locations | Denver (D) and Philadelphia (P) |
| Error Type | “Speared Bison” die gouge |
| Potential Value | 20–20–1,000+ (depending on condition) |
| Grading Services | PCGS, NGC, ANACS |
This nickel was part of the Westward Journey series, commemorating the Lewis and Clark expedition. While most are worth only face value, certain errors make some specimens highly valuable.
“Speared Bison” Error
The most famous error is a raised line running across the bison’s back, resembling a spear. This was caused by a die gouge during minting, making affected coins rare and desirable.
Other Possible Errors
- Misaligned dies (off-center strikes)
- Double dies (duplicated lettering or design elements)
- Weak strikes (faint details due to improper pressure)
Condition Matters
Uncirculated coins with sharp details and no wear command the highest prices. Even circulated examples with the “Speared Bison” error can fetch 50–50–500, while pristine specimens may exceed $1,000.
How to Identify Valuables
- Look for a thin, raised line running horizontally across the bison.
- Check for other irregularities in the design.
Check the Mint Mark
- The coin will have a “D” (Denver) or “P” (Philadelphia) below the date.
- Both mints produced error coins, but Denver-minted versions are often preferred for sharper strikes.
Assess the Condition
- Uncirculated coins (no wear, full detail) are worth the most.
- Circulated coins with minimal scratches may still hold value.
- Avoid cleaned or damaged coins—they lose collector appeal.
Get It Graded
For maximum value, submit your coin to:
- PCGS (Professional Coin Grading Service)
- NGC (Numismatic Guaranty Corporation)
- ANACS (American Numismatic Association Certification Service)
A certified grade (e.g., MS-65 or higher) can significantly increase its market price.
What’s Your Nickel Worth?
| Condition | Estimated Value |
|---|---|
| Circulated (worn) | 20–20–100 |
| Uncirculated (mint state) | 500–500–1,000+ |
| Graded MS-65 or higher | $1,000+ |
Where to Sell a Rare Bison Nickel
If you find a valuable specimen, consider selling through:
- Online auctions (eBay, Heritage Auctions)
- Coin dealers (local shops or trusted online buyers)
- Coin shows (great for connecting with serious collectors)
- Collector forums (Reddit’s r/coins, Facebook groups)
FAQs
How rare is the “Speared Bison” nickel?
While not extremely rare, high-grade examples are scarce. Only a small percentage exhibit this error.
Can I still find one in circulation?
Yes! Many remain undiscovered in rolls or pocket change.
Does the mint mark affect value?
Both “D” and “P” versions can be valuable, but Denver strikes often sell for slightly more.
Should I clean my nickel if it looks dirty?
Never clean coins! It damages the surface and reduces value.
Where can I learn more about coin errors?
Check the PCGS CoinFacts or NGC Coin Explorer databases.
