American Buffalo Gold Coin
The American Buffalo Gold coin is an increasingly popular bullion coin offering investors a distinctive way to invest in gold. Minted from one troy ounce of 99.999 fine gold and designed by James Earle Fraser (an associate of Augustus Saint-Gaudens), it provides investors with a convenient investment vehicle.
Fraser combined features from three American Indian tribe chiefs into this depiction: Big Tree, Iron Tail and Two Moons.
Legal tender
The American Buffalo Gold coin is an official legal tender coin from the United States Mint and contains one troy ounce of pure, 99.99% gold with a $50 face value. Minted from 24-karat gold rather than 22-karat used by previous U.S. Mint coins like American Gold Eagle, its purity exceeds even that of previous issues from this nation’s mints.
This coin features a design inspired by James Earle Fraser’s Buffalo Nickel coin from 1913-1938, which featured an image of an Indian and a bison on either side.
The American Buffalo Gold coin comes in 1-ounce ($50 face value) and 1/10-ounce ($5) denominations, as well as 1/2 ounce ($25 face value), 1/4 ounce ($10), and 1/10 ounce ($5 face value) proof and uncirculated versions.
Appreciation
The American Buffalo Gold Coin was introduced by the United States Mint for sale in 2006. This marked the first time that pure 24k gold coins had been produced and released by government for public sale, legal tender with a face value of $50 and becoming popular enough that telemarketers have offered them at exorbitant prices.
The American Buffalo is available both as bullion and proof versions, each offering distinct characteristics to attract investors and collectors. Proof coins undergo a special minting process which gives their images a frosty appearance – making these highly collectible coins highly collectible with potential appreciation over time. Furthermore, proof coins provide diversification for investment portfolios and act as financial insurance against international economic risks.
Mintage
The United States Mint first unveiled the American Buffalo Gold coin in 2006 and quickly made it one of America’s most beloved bullion coins. Each coin contains 1 ounce of pure 24 karat gold and legal tender with a face value of $50; these coins are produced at West Point Mint, using gold mined within America itself.
The coin’s design is inspired by James Earle Fraser’s 1913 Type 1 Buffalo Nickel coin, and features the image of a Native American chief made up of features compiled from sketches of three separate American Indian tribe leaders; on its reverse is depicted an American buffalo that looks similar to Black Diamond who resided at New York City Zoo during 1910s.
Purity
The American Buffalo Gold coin, introduced by the United States Mint in 2006 and quickly becoming a sought-after product, features an eye-catching retro design while boasting high-purity gold content, making it an attractive addition to any portfolio.
James Earle Fraser created this coin, basing it off the iconic Buffalo Nickel that circulated between 1913 and 1938. On its obverse face is depicted a profile image of a Native American figure while its reverse side features an American bison.
Each coin is composed of one troy ounce of pure 24k gold, and has an estimated face value of $50 – its true market value can often surpass this figure.
Value
Gold bullion coins like the American Buffalo are an effective way to diversify a portfolio and protect against inflation. Boasting an attractive design and high purity standards, this coin is among the most sought-after gold bullion options worldwide and qualifies for inclusion into Precious Metals IRAs.
The obverse (front) of this coin depicts a Native American chief created by Fraser through combining three renowned chiefs from different tribes – Big Tree, Iron Tail and Two Moons. On top right rests its motto “LIBERTY”, while below left resides its year of minting with Fraser’s initial represented as letter F.
On the reverse of each coin is an illustration of an American buffalo standing on a mound of dirt – inspired by Black Diamond who resided at New York City’s Central Park Zoo during early 1900s.
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