A Buffalo Nickel with the Obverse Indian head re-engraved

An Indian Head (Buffalo) nickel which has been engraved with the portrait of a hobo or other character, often by a hobo. These are popular with some collectors and some are so distinctive that they have been attributed to particular "hoboes."

The hobo nickel is a sculptural art form involving the creative modification of small-denomination coins, essentially resulting in miniature bas reliefs. The nickel, because of its size, thickness, and relative softness, was a favored coin for this purpose. However, the term "hobo nickel" is generic, as carvings have been made from many different denominations.