Gold Buffalo Coin
American Buffalo Coin Program- Year of Issue: 2020
- Authorizing Legislation: Public Law 109-145
Background
Investors in Gold Have Another Choice
The Gold Buffalo coin is based on James Earle Fraser's famous Buffalo Nickel. The obverse shows the famous Indian Head design. Classic buffalo artwork is on the reverse, modeled after Black Diamond, the bison living in New York City's Central Park Zoo in the early 1900s. The Gold American Buffalo is available in sizes ranging from 1/10 oz. And can be purchased as a single gold coin or in bulk with discount pricing. This creates various options for anyone looking to start investing. The Gold Buffalo coin is based on James Earle Fraser's famous Buffalo Nickel. The obverse shows the famous Indian Head design. Classic buffalo artwork is on the reverse, modeled after Black Diamond, the bison living in New York City's Central Park Zoo in the early 1900s.
For the first time in its history, the United States Mint is proud to offer its customers the opportunity to purchase a 24-karat gold bullion coin.
The American Buffalo Gold Bullion Coin represents the convergence of timeless elegance in numismatic design and uncompromising quality in coinage production, the result of which is this one ounce coin made of pure .9999 fine gold.
Authorized by Congress in 2005 and first minted in June 2006, American Buffalo Gold Bullion Coins are among the world’s purest gold coins in terms of the fineness of the metal they contain. Each coin contains its full, stated weight of pure gold. By law, the gold for United States Mint American Buffalo Gold Bullion Coins must be taken from newly mined sources in America. They are struck at the United States Mint at West Point, New York. While struck at West Point, American Buffalo Gold Bullion Coins do not have a mint mark.
Purity, Weight and Content Guaranteed
United States Mint gold bullion coins are the only official investment-grade gold bullion coins whose weight, content and purity are guaranteed by the United States Government. Like the U.S. dollar, gold bullion coins are welcome in major investment markets worldwide. Investment firms have for years considered pure, 24-karat (.9999) fine gold coins to be bullion eligible for U.S. Individual Retirement Accounts (IRAs).
Consult with your investment firm on whether it has decided to include pure .9999 American Buffalo Gold Bullion Coins in its portfolios.
Easy to Buy and Sell
One measure of an investment is liquidity, or the ease with which an asset can be converted to cash. The American Buffalo Gold Bullion Coin, with its unique backing by the United States Government, can be sold for cash at most coin and precious metals dealers worldwide. Although the coin is also United States legal tender, its face value is largely symbolic as the value of the gold it contains has historically been far greater.
You can buy American Buffalo Gold Bullion Coins at major coin and precious metals dealers, as well as many brokerage firms and participating banks. They sell at gold’s prevailing market price, plus a small premium to cover coining and distribution costs.
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Characteristics
The designs chosen to grace both the obverse and reverse of this historic American Buffalo Gold Bullion Coin are steeped in American numismatic tradition. With images originally executed by noted sculptor James Earle Fraser, the Buffalo, or Indian Head, nickel debuted in 1913 and was produced until 1938, quickly becoming one of our Nation’s best-loved circulating coins. The specific image used for this new 24-karat gold bullion coin is known to collectors as Fraser’s 1913, Type I design.The Native American portrait featured on the obverse once again honors the legacy of our land’s first inhabitants, while the power of the American Buffalo on the coin’s reverse recalls the pioneering spirit of the Nation’s westward expansion.
Obverse Inscriptions
- LIBERTY
- Year
Reverse Inscriptions
- UNITED STATES OF AMERICA
- E PLURIBUS UNUM
- IN GOD WE TRUST
- $50
- 1 OZ. .9999 FINE GOLD
Mint and Mint Mark
Specifications
Content: Gold, 1.0000 Troy Ounce (31.1035g)Gold Buffalo Coin 2006
Weight: 1.0001 Troy Ounce (31.108g)
$50 Gold Buffalo Coin
Diameter: 1.287in. (32.70mm)Gold Buffalo Coin Value
Gold Buffalo Coin As Seen On Tv
Thickness: 0.116in. (2.95mm)Artist Information
- Designer: James Earle Fraser