As befits its high mintage, this is the second most common date in the series. Examples are readily available in all grades. 1937(P) is the most available Philadelphia Mint Buffalo Nickel in gem condition.
This date typically is found with very good to excellent luster. Most often seen are frosty, textured coins, but many satiny or semi-proof like pieces survive from early states of the dies. Fully struck examples are easy to locate, though most examples will show varying degrees of die erosion. Such large mintage’s were obtained only through long press runs, and the dies were simply not changed as quickly as they should have been.
When the demise of the Buffalo Nickel was announced, early in 1938, a scramble began to hoard uncirculated examples. As no coins of this type were struck at Philadelphia that year, 1937(P) became the principal target of opportunity for collectors in the East. It has been common ever since.
Mintage:
| Philadelphia | Denver | San Francisco |
| 79,480,000 | 17,826,000 | 5,635,000 |