What is a hobo penny?

The hobo nickel is a sculptural art form involving the creative modification of small-denomination coins, essentially resulting in miniature bas reliefs. The US nickel coin was favored because of its size, thickness and relative softness.

Are hobo coins real coins?

Hobo nickels are actual U.S. coins (usually Buffalo nickels but sometimes Jefferson) whose original image has been carved away and replaced with something more whimsical. These folk-art pieces are known as hobo nickels because hobos supposedly started carving them on long train rides during the Depression.

What does hobo mean in coins?

A hobo coin is a generic term applied a certain type of coin that has been altered to change the appearance of the subject on the coin. It may have been done artistically, or perhaps as a joke. Or both.

How much is a 1937 hobo nickel worth?

A 1937-nickel is worth $1.12 in average condition, and a coin grading as high as MS-66 will command a $149. However, some extremely rare 1937-nickels could be worth many thousands of dollars to the right collector. If you have any questions about the 1937-nickel value, be sure to contact us now!

What's the value of a hobo nickel?

Their unique coins might buy a hot meal, or maybe coax a rail line detective to look the other way as they hopped a freight. Today, those special nickels are dearer; they are now valued at $50 to $100 or even in excess of $1,000. A 'hobo' nickel is an artistically altered buffalo, or Indian head nickel.

40 related questions found

Why are they called hobo nickels?

The term “hobo nickel” might not sound like anything special, but don't be so quick to judge—it's an impressive art form. Named after the people who popularized the craft, hobo nickels were made by wandering “hobos” (people who often traveled by hopping freight trains) in the U.S. during the early 20th century.

What are hobo dollars?

Hobo Coins are die-struck coins that reimagine classic US coins with new designs. Arguably the most beautiful coin ever produced, the U.S. Peace Dollar was originally produced to commemorate the peace that followed World War One.

How much is a 1925 buffalo nickel worth?

The 1925 nickel value ranges from $1.60 for a well circulated coin to over $500 for the rare 1925-S Buffalo nickel in "Uncirculated" condition. This date buffalo nickel is rather elusive, any you find has good value.

What is the value of a 3 legged buffalo nickel?

Specimens with the normal four legs reverse are quite common and affordable, but those with the three legs reverse trade for hundreds of dollars even in low circulated grades. In About Uncirculated, prices for the 3 Legged Buffalo Nickel escalate to more than $1,000 USD.

What are Bison nickels worth?

USA Coin Book Estimated Value of 2005-P Jefferson Nickel (American Bison Variety) is Worth $0.39 to $1.43 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.

Are hobo nickels silver?

One of the most popular silver round collections released in recent years is the Hobo Nickel Series. The collection features unique designs on both the obverse and reverse of each round.

What do hobos do?

A hobo or bo is simply a migratory laborer; he may take some longish holidays, but sooner or later he returns to work. A tramp never works if it can be avoided; he simply travels.” After their post-Civil War emergence, hoboes and tramps became prominent again during the Great Depression.

Is it legal to make jewelry from US coins?

While United States law allows for people to use coins for jewelry or other purposes as long as there is no attempt to use them as legal tender currency (18 U.S.C. § 331), this might not be the same for other countries.

What is the rarest buffalo nickel?

Of all the Buffalo nickels ever produced, the production run at the San Francisco mint in 1926 yielded only 970,000. This is the lowest mintage of any coin in the Buffalo Nickel series.

What are rare coins?

Rare Coins You Should Be Looking For

  • 1877 Indian cent – $750+
  • 1909-S VDB Lincoln cent – $650+
  • 1914-D Lincoln Wheat cent – $175+
  • 1955 Lincoln doubled die obverse cent – $1,000+
  • 1969-S Lincoln doubled die cent – $25,000+
  • 1972 Lincoln doubled die cent – $300+
  • 1885 Liberty nickel – $350+
  • 1937 3-Legged Buffalo nickel – $450+

What is a 1915 nickel worth?

USA Coin Book Estimated Value of 1915 Buffalo Nickel is Worth $9.13 in Average Condition and can be Worth $67 to $102 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $1,134 or more. Click here to Learn How to use Coin Price Charts.

Is a 1935 buffalo nickel worth anything?

Value of the 1935 Buffalo Nickel

Average 1935 Buffalo Nickels in “Good” condition are worth about $1 while those in “Fine” condition are worth about $2. Higher grade examples in “Extra Fine” condition retail for $3. Uncirculated grades are worth significantly more than lower graded 1935 Buffalo Nickels.

What is a 1907 Indian penny worth?

1907 Indian head penny value*

Most pieces in good condition are worth only $2, while you need to pay about $20 to $30 for the one in uncirculated condition.

How did hobos carve nickels?

Modern hobo nickels (since 1980) Many carvers who were active during the 1960s and 1970s continued carving Buffalo nickels into the 1980s. Their coins were altered using punches (dashes, dots, arcs, crescents, stars) and some carving of the profile.

What is the difference between a bum and a hobo?

Hoboes, tramps and bums are generally regarded as related, but distinct: A hobo travels and is willing to work; a tramp travels, but avoids work if possible; and a bum neither travels nor works.

What is the heaviest coin in America?

The largest coin ever minted by the US Mint was the 2019 Apollo 50th anniversary 5ounce silver dollar, weighing 155.517 grams, and 76.2 mm in diameter.

What were hobo nickels used for?

TP: It's a modified Indian Head Buffalo nickel and the profile of the Indian or the buffalo on either side has been modified to be something else. It was commonly used by hobos during the Great Depression to increase the value of a nickel. They could trade it for a ride, buy a meal, or buy off a train cop.

What is a hobo ring?

This Hobo Nickel engraving was inspired by an original coin dated 1936, down to the hand engraved detail of “LIBERTY” which appears on the original nickel. The face of the President was carved into a skull with a beaten up old fedora atop his head.

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