This famous design is called either a buffalo nickel or an Indian head nickel; both names are about equally common.
1937 is one of the most common dates. As of 05/2009, $1 if worn, $3 if almost uncirculated, regardless of mint mark.
The mint mark position if you want to check is below the words FIVE CENTS:
No mint mark = Philadelphia
D = Denver
S = San Francisco
There is a rare variety of 1937-D nickel where the buffalo is missing one leg due to an attempt to repair damage to a die used on the coin's reverse. If you suspect this, have the coin examined in person by an expert.
More: USA Coin Book lists the value of this coin for these three mints:
Philadelphia: In good condition, it is worth about $0.95. In MS60 standard mint condition, it is worth about $20 while an MS63 choice uncirculated coin is worth $42. Philadelphia also minted proof coins and if you happened to have one in PR63 choice proof condition, it would be worth about $945.
Denver: In good condition, it is worth about $0.95. In MS60 standard mint condition, it is worth about $30 while an MS63 choice uncirculated coin is worth $38.
IMPORTANT: A rare variety came out of Denver known as the "3 leg buffalo". The buffalo was missing one of the its back legs. A coin in just good condition is worth about $500 while an MS60 could would be worth $2,600 and an MS63 coin would be worth about $5,400!
San Francisco: In good condition, it is worth about $0.95. In MS60 standard mint condition, it is worth about $30 while an MS63 choice uncirculated coin is worth $40.
View the links below to see prices for other intermediate conditions of the coins from each mint.
The coin is normally called either a Buffalo nickel or an Indian Head nickel. The entire buffalo is shown, not just its head, LOL! Please see the question "What is the value of a 1937 US nickel?" for more information.
Please don't assume that because a coin is old it has to be made of silver. Like modern nickels, all buffalo nickels were struck in an alloy of 75% copper and 25% nickel. Please see the question "What is the value of a 1937 US nickel?" for more information.
Copper-nickel, not silver. The only nickels that ever contained any silver were the famous "war nickels" made from 1942 to 1945, when silver replaced nickel metal because nickel was needed for the war effort.
Five cents. The gold plating someone put on a regular nickel destroyed any collector's value it had.
1937 is a common date for Buffalo nickels. Average value is $1.00-$3.00.
1937 is one of the most common, value is 25 cents to $3.00 for circulated coins.
It's the usual practice of this site to answer a single question at a time. Please see:"What is the value of a 1940 US nickel?""What is the value of a 1942 US nickel?""What is the value of a 1944 US nickel?"
Please don't assume that all old coins are made of silver. All US nickels except special "war nickels" made during 1942-45 are struck in the same alloy of 25% nickel and 75% copper. There's more information at the question "What is the value of a 1937 US nickel?"
There were no nickels made in 1932 or 1933.Most nickels dated 1934 through 1937 are worth anywhere from a dollar or so up to several dollars but it depends a lot on their condition and mint mark. For specific answers look for questions in the form "What is the value of a [date] US nickel?"
Value is 10 cents to $1.25 depending on grade.
The value of a 1937 buffalo nickel with an Indian on it can vary depending on its condition. In general, these nickels can range in value from a few dollars for well-worn coins to over $100 for ones in excellent condition. It is recommended to have the coin appraised by a professional to get an accurate value.
What you're seeing isn't an E and isn't a mint mark. It's an "F" which is the initial of the coin's designer James Earle Fraser. The mint mark, if there is one, would be on the back under the words FIVE CENTS. (FWIW, the US has never used an E mint mark) Please see the question "What is the value of a 1937 US nickel?" for more information.