The item in question is a 1931 Buffalo Nickel, a notable coin in the series designed by James Earle Fraser. This nickel, which has a denomination of 5 cents (5¢), features a unique and iconic design that has become a symbol of American coinage. Produced in the United States with no mint mark, this coin is made from an alloy consisting of 75% copper and 25% nickel. It has a diameter of 21.2 millimeters and weighs 5 grams. The edge of this nickel is plain, a characteristic that distinguishes it from some other types of coins. In terms of rarity, this particular issue from 1931 has a mintage of 1,200,000 coins, making it relatively scarce compared to many other years in the Buffalo Nickel series. As with most coins, the condition or grade significantly influences its value, which can vary based on market demand and collector interest. Overall, the 1931 Buffalo Nickel is a cherished piece of American numismatic history, representing both a significant historical period and artistic achievement in coin design. Its value is not only monetary but also holds sentimental and collectible significance for enthusiasts and historians alike.