1937 Buffalo Nickel. Proof-68 (PCGS).Virtual perfection in a Brilliant Proof Buffalo nickel, this awe-inspiring 1937 is fully struck with a uniform semi-mirrored finish from the dies. Wisps of pale silver and champagne-gold iridescence flash into view as the surfaces rotate under a light, providing strong eye appeal to accompany this coins outstanding technical quality. The 1937 is the second of only two Proof issues from the later Buffalo nickel series. Prior to 1936, the Mint had not struck any Proofs of this type since 1916, and when coinage resumed the first examples were of a satin finish, which accounted for approximately two thirds of the total mintage of 4,420 pieces for the year. Improvements in the process for coining Proofs at the Mint resulted in the uniformly brilliant pieces that comprised the final third of the Proof 1936 delivery, as well as all 5,769 specimens coined in 1937. The latter issue is the most readily obtainable Proof Buffalo nickel in todays market, and the overall high quality of surviving examples adds to its popularity among type collectors. The extant population of truly stellar examples, as here, is extremely limited, however, and with such demand, competition among bidders is always fierce when one appears at auction. Strong bids are certainly called for here.PCGS# 3996. NGC ID: 278Z.PCGS Population: 49; 4 finer (Proof-69 finest).
