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The Buffalo Nickel design by James Earle Fraser
was a highly acclaimed artistic masterpiece when it debuted in 1913. A
few months after entering circulation, it was observed the wording FIVE
CENTS, located raised on the rocky mound where the buffalo stood on the
reverse, was experiencing premature wear. The Mint responded by placing
the buffalo on a flat line, with the recessed denomination below the
line, where it was better protected.
Numismatists classify the variety with the buffalo on mound as Type 1.
The flat line version is called Type 2.
With a mintage of only 1.2 million, there just aren't many 1913-S Type
2 Buffalo Nickels. It is desirable in all grades and always has been
and always will be a leading key date in the popular Buffalo Nickel
series.
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