Backed by the United States Mint, the American Gold Buffalo 1 oz Coin is a sure way to diversify any portfolio. Containing a full ounce of .9999 fine gold, each coin has a denominational value of $50.
Minted since 2006 as a direct competitor to the Canadian Gold Maple Leaf and other sources of gold bullion produced outside the United States, the American Gold Buffalo is a great alternative to the popular American Gold Eagle. While the Buffalo is not composed of any silver or copper components, it does contain a full troy ounce of .9999 fine gold. Each coin has a legal tender of $50. With its weight and purity guaranteed by the U.S. Mint, you can be sure you are making a safe and honest investment. The obverse of each Gold Buffalo shows a Native American chieftain, modeled after the legendary Buffalo Head nickel. The reverse depicts the iconic buffalo design, one that has been beloved and lauded across the country for decades. Individual coins arrive in a protective, plastic flip. Bulk options include tubes of 20 coins or Monster Boxes of 500 coins, for a total of 25 tubes. All 1 oz Gold Buffalos are struck in 24-karat gold at the U.S. Mint’s facility in West Point, New York.
American Gold Buffalo Highlights:
- Celebrate the rich history of the American Gold Buffalo 1 oz Coin
- Each coin has a legal tender value of $50
- Dates of mintage will vary based on available inventory
- Struck by the United States Mint since 2006
- Purity, weight and content all backed by the U.S. Government
- Contains one troy ounce of .9999 fine gold
- Coins can arrive individually in a protective, plastic flip or be sent in tubes of 20 and Monster Boxes of 500 (25 individual tubes)
- A trusted alternative to the American Gold Eagle
- IRA approved
- Affordably store your gold buffalo coin in a 32mm Air-Tite coin capsule
History of the American Gold Buffalo
Minted since June of 2006, the American Gold Buffalo marks the first occasion that the United States Mint has produced a .9999 fine gold coin for public consumption. Under Public Law 109-145, also known as the Presidential $1 Coin Act of 2005, the government announced the striking and issuing of $50 Gold American Buffalo bullion and proof coins. Additionally, the law set out guidelines for the coin’s volume, price, legal tender status, production and gold sourcing, amongst other stipulations. The Act was partly passed to keep pace with other countries, such as China and Canada, who had already designed and produced 24-karat bullion options (i.e. the Chinese Gold Panda and the Canadian Gold Maple Leaf, respectively). The Gold Buffalo is inspired by the iconic artwork of James Earle Fraser, the chief designer of the Indian Head nickel, a design that is highly regarded as one of the best of any U.S. coin. Fraser’s nickel made its debut in 1913.
Gold Buffalo Design
The design of the American Gold Buffalo is a direct modification of James Earle Fraser’s work on the Indian Head nickel (1913). The obverse shows the well-known Native American chieftain. Fraser is said to have modeled his work after a composite of three different Chieftains: Chief Iron Tail, Chief Two Moons and Chief Big Tree.
All individuals posed for Fraser in the early 1900s and became an unmistakably large part of bullion history. “Liberty”, the year and the mint mark are additionally engraved. The reverse, also designed by Fraser, features an American buffalo. While some accounts say that Fraser modeled his work after Black Diamond, a buffalo at New York’s Central Park Zoo, others claim that he was inspired by Bronx, a bison at the rival Bronx Zoo, commonly frequented by the artist.
Either way, the design has become one of the most beloved in the history of U.S. coinage. “United States of America”, “E Pluribus Unum”, “In God We Trust” and the weight, purity and face value are also inscribed. When the American Gold Buffalo was first debuted in the summer of 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 speak for themselves, as they are two images you surely will not forget.
American Gold Buffalo Coins are .9999 Fine Gold
Unlike the American Gold Eagle, the Gold Buffalo is produced in 24-karat gold and contains one ounce of .9999 fine gold. Because it does not include silver or copper components, it is slightly smaller in size. Each 1 oz coin has a diameter of 1.287 inches and a thickness of .116 inches, with its weight and gold content provided on the reverse. All Gold Buffalos are struck at the U.S. Mint’s facility in West Point, New York.
How are Gold Buffalo Coins Packaged?
Individual American Gold Buffalos will arrive packaged in protective, plastic flaps. You may also order tubes of 20 or Monster Boxes of 500 coins, with a box holding a total of 25 tubes.
Why Buy American Gold Buffalo Coins?
With a strong sense of history, the American Gold Buffalo will surely make for a safe and secure investment. If purity is a concern, you can be assured that this coin is one of the best, with a full troy ounce of .9999 fine gold. Don’t just take our word for it: the content and weight of each Gold Buffalo is guaranteed by the United States Mint. Protect yourself and your loved ones against deteriorating economic trends by using gold as a tool against inflation. In addition to being a commercial commodity, Gold Buffalos are IRA approved. Whether you have questions or are ready to purchase, we are here to help you make the best investment for your future.