A Little Change in Your Future

When I was in the third grade (yes, a LONG time ago!), I was in Cub Scouts. One of the badges I was working on required me to start and organize some kind of collection. Now it so happened that my dad owned a gas station in those days, and my mom would go to the bank for him a couple of times a week, to make deposits and get change for the station, including some coins. She was opening one of these newly-acquired rolls of nickels one day, when to her great surprise, she discovered that the entire roll was made up of Buffalo Nickels – forty of them, to be exact. She gave me that roll to use for my project, and we got one of those little blue coin folders.

And that was how my interest in coins and coin collecting began.

I tell you that story because I went to the grocery store the other day and got a little change back from my purchase. I didn’t notice it at the time, but that evening, when I was emptying my pockets, I discovered that I had received a Buffalo Nickel back as part of my change. It’s thoroughly worn down, and the date is pretty much unreadable – I think it’s 1930, but I can’t be sure – but that famous Native American profile still stares stoically on the front, and that beautiful, shaggy, American Bison still stands proudly on the back of the coin.

Buffalo Nickels were minted from 1913 to 1938. The design actually began in 1911, as part of the Taft Administration’s efforts to beautify American coinage. Sculptor James E. Fraser received the commission to design the coin, and in spite of some objections, it went into production two years later. Unfortunately, although it was a beautiful design, the coin was subject to premature wear and degradation. After the minimum 25-year circulation period, it was replaced by the Jefferson nickel, which we still use today. However, Fraser’s design is still popular, and it has been used on various commemorative coins and some American gold pieces designed for collectors.

A 1937 “Buffalo Nickel.” The “F” under the date is for the designer, James Fraser, and the “D” under “Five Cents” indicates that it was minted in Denver.

So, who was the Native American whose portrait adorns this coin? Good question. Fraser himself gave several different accounts, but it seems most likely that it was patterned after a combination of two or three men.  Fraser was on record as saying once, “my purpose was not to make a portrait, but a type.” The American Bison on the rear was likely modeled after an animal in one of the zoos in New York City; again, Fraser’s story changed a few times – sometimes he said it was at the Bronx Zoo, sometimes at the Central Park Zoo.

Besides premature wearing, the coin had other problems. For some reason, the dies which were used to strike the blanks wore out at an unusually fast rate. Changes ordered by the mint to try and extend the life of the metal dies just made the problem worse. Even on newly minted coins, the date quickly rubbed off and became illegible; the “Five Cents” and other lettering was gone almost as fast. Nobody objected when the order to replace it was given.

But I just love this coin. When it was first released, it was praised for its bold American themes – the rugged Indian face and that majestic bison, more commonly known as a buffalo. It’s well-known that bison were hunted almost to extinction, and only through the dedicated efforts of ranchers and preservationists were they able to make a comeback, to be saved for future generations. There’s a lesson there, about the true spirit of America and never giving up.

Beyond that, finding that coin in my pocket the other day is a reminder of the little blessings that come our way, if we will take the time to notice and appreciate them. In this case, I received the blessings of recalling a sweet memory and an interesting little story and savoring a little patriotic pride.

Not bad for such a little coin.