1916 Buffalo Nickel. Proof-65 (PCGS). OGH. This richly toned specimen exhibits intermingled highlights of powder blue and reddish-gold on mauve-gray patina. Fully struck, as befits a Proof, with a smooth satin texture. With the lowest mintage of its type (600), the 1916 is the rarest Proof Buffalo nickel. In addition, many unsold examples are believed to have been destroyed through melting when the Mint suspended Proof coin sales at the end of that year. Attractive Gems such as this are particularly desirable to advanced numismatists. From the Larry H. Miller Collection. From the Larry H. Miller Collection.