Produced by the United States Mint since 2006, the 2020 American Gold Buffalo 1 oz coin is highly acclaimed as a great alternative to the American Gold Eagle.
Unlike the Eagle, the Gold Buffalo is composed purely of gold content, without silver or copper components.
Each coin is composed in a 24-karat gold alloy at the U.S. Mint’s facility in West Point, New York, with a denominational value of $50.
The coin’s design features the iconic artwork of James Earle Fraser, who designed the Indian Head nickel in the early 20th century.
The obverse features a Native American chieftain, while the reverse depicts a buffalo situated on a mound.
Individual coins will be packaged in protective, plastic flips for your convenience. Other options include tubes of 20 or Monster Boxes of 500 coins each, for a total of 25 tubes.
With its purity and weight backed by the United States Mint, you can be sure that the American Gold Buffalo is an investment you won’t regret.
2020 American Gold Buffalo Highlights:
- Celebrate the historical grandeur of the 2020 American Gold Buffalo 1 oz Coin
- Struck by the U.S. Mint since June 2006
- All 1 oz Gold Buffalos hold a value of $50
- Contains 1 troy ounce of .9999 gold
- Produced in 24-karat gold
- Purity, weight and content are guaranteed by the U.S. Government
- Individual coins will arrive in protective casing
- Bulk options include tubes of twenty or Monster Boxes of 500 coins (25 tubes)
- IRA approved
- To protect your 2020 American Gold Buffalo, add a 32mm Coin Capsule to your order.
History of American Gold Buffalo Coins
The American Gold Buffalo was minted in the summer of 2006, after the passage of the Presidential $1 Coin Act of 2005 (Public Law 109-145).
Under this law, the government was able to start producing 24-karat bullion gold coin options, as a way to keep up with countries like China and Canada, who already had a head start.
This was the first occasion that the U.S. Mint produced a .9999 fine gold coin for the public to buy.
The act additionally stipulated certain guidelines about the coin’s production, such as volume, price, legal tender status, gold sourcing and more.
The 2020 American Gold Buffalo is a historic reminder of James Earle Fraser’s artwork, which first debuted on the Indian Head nickel in 1913.
His design continues to be held in high esteem and is considered one of the best of any coin produced in the United States.
2020 Gold Buffalo Design
The design of the 2020 American Gold Buffalo coin is one that has a rich and remarkable history. It serves as a direct modification of an earlier design, created by James Earle Fraser, that was used on the Indian Head nickel in 1913.
The obverse shows a Native American chieftain, an icon that is recognizable to most coin connoisseurs. Fraser modeled his sketch after three Native American chieftains with whom he personally met: Chief Iron Tail, Chief Two Moons and Chief Big Tree.
These three individuals all posed for Fraser in the early 20th century, unknowingly becoming a large part of bullion history.
The word “Liberty”, the mint mark and the year “2020” are additionally engraved.
The reverse, featuring an American buffalo, is also designed by Fraser. Some accounts state that Fraser was inspired by Black Diamond, one of the largest buffalos in captivity, who was housed at New York’s Central Park Zoo.
Others believe his muse was Bronx, another bison, situated at the rival Bronx Zoo, also in New York.
This iconic imagery continues to be one of the most recognizable designs across the country.
“United States of America”, “E Pluribus Unum”, “In God We Trust” are inscribed, as well as the weight, purity and face value.
With the release of the American Gold Buffalo 1 oz coin in 2006, Deputy Director David A. Lebryk noted in a press release that “these classic and beautiful American Indian and Buffalo designs by James Earle Fraser, which have been American favorites since they were first used in 1913, recall a golden age of coin artistry.”
The obverse and reverse designs continue to be a nostalgic reminder of the early roots of American coinage.
What is the 2020 American Gold Buffalo made of?
Although slightly smaller than its counterpart, the American Gold Eagle, the 2020 American Gold Buffalo contains one troy ounce of .9999 fine gold, procured in a 24-karat gold alloy. There are no silver or copper components.
All coins have the same diameter (1.287 inches) and thickness (.116 inches) with reeded edging.
Weight and gold content are provided directly on the reverse.
All American Gold Buffalos have been produced at the U.S. Mint’s facility in West Point, New York since 2006.
How Are Gold Buffaloes Packaged?
2020 American Gold Buffalos ordered individually will be placed in secure, protective flips for your convenience.
Bulk options are also available for purchase, including tubes of 20 coins or Monster Boxes of 500 coins (25 tubes).
Why Buy 2020 American Gold Buffalo Coins?
The 2020 American Gold Buffalo 1 oz Coin not only carries a legal value but also a strong sense of history and pride.
Each coin has its weight and purity backed by the United States Mint, so you can be sure you are making a safe and secure investment.
With the highest purity of any U.S. coin (.9999 fine gold), you can protect yourself and your loved ones from deteriorating economic trends.
Additionally, all Gold Buffalos are IRA approved.
At Hero Bullion, we are here to make you feel assured in your future. If you have any questions, please do not hesitate to reach out. Our team is waiting to help you!