The buffalo nickel (also known as the Indian head nickel) was produced from 1913 through 1938 and was designed by James Earle Fraser. It is actually a bison, not a buffalo, on the reverse but more on that later.
Early in 1911, Treasury Secretary Franklin MacVeagh’s son wrote to him suggesting that there be a new design on the five-cent piece. The son had read the law which stipulated a coin design could not be changed more often than every 25 years. The 25 year waiting period for the Liberty nickel has passed back in February of 1908. MacVeagh had assumed office under President William Howard Taft in March 1909, and missed all the excitement when President Theodore Roosevelt managed to get several top artists to redesign the cent and gold coins.
Fraser’s artistic ability earned the undying respect of a dying Augustus Saint-Gaudens, who recommended Fraser to President Theodore Roosevelt to sculpture the official presidential bust. Roosevelt and Fraser quickly became friends. Despite the fact that William Howard Taft was president in 1912, Roosevelt recommended that Fraser be chosen to design the copper-nickel 5-cent coin.
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