Is the Gold Buffalo Coin Real?
The American Buffalo coin series from the US Mint first hit shelves in 2006 and features an original design by James Earle Fraser. On one side, Fraser depicts an image of an iconic Native American chief that is an amalgamation of three real life leaders while on the reverse is depicted a revered American bison thought to be inspired by Black Diamond of Central Park Zoo.
Authenticity
The American gold buffalo coin is an investment for many people and its authenticity and purity are guaranteed by the United States government. Unlike other gold bullion coins, which contain 24kt gold from abroad, the American Buffalo contains 24Kt domestically produced gold that makes it a reliable option during periods of economic instability.
On its reverse side is a full-length left profile of an American bison named Black Diamond that lived at New York City’s Central Park Zoo during early 20th century. This design was produced by James Earle Fraser who studied under Augustus Saint-Gaudens himself before becoming one of his master designers himself.
The coin’s obverse displays a right-profile portrait of a Native American, made up of several native chieftains’ images combined into one composite portrait. Additionally, this coin displays inscribed texts for United States of America: In God We Trust and E Pluribus Unum.
Purity
Since 2006, when first released for sale as a bullion coin, the American Gold Buffalo coin has proven an extremely popular bullion investment option. Due to its timeless design and high purity, it remains a top seller; yet some unscrupulous dealers attempt to pass off fake or counterfeit coins as genuine. By working with reliable dealers and conducting thorough research you can protect yourself against such scams.
The obverse of this coin features an American bison named Black Diamond from New York’s Central Park Zoo in the early 1900s. Additionally, it includes traditional United States inscriptions including “In God We Trust”, “E Pluribus Unum”, and the date of issue.
The reverse of the coin features a right-facing portrait of a Native American Indian designed by James Earle Fraser, said to represent Three Moons, John Big Tree, and Iron Tail as Indian Chiefs. Additionally, there is an inscribed date and word “Liberty”.
Reliability
The Gold Buffalo is a 24-karat bullion coin produced by the United States Mint and first issued under Public Law 109-145 in 2006. This coin resembles American Eagle gold bullion coins in terms of size and composition.
On its obverse is a right-facing portrait of a Native American, composed from profile sketches of three tribal chiefs from three separate tribes: Big Tree (Seneca), Iron Tail (Lakota Sioux), and Two Moons (Cheyenne). Liberty and mintage year are inscribed beneath him.
Gold Buffalo coins can be an ideal investment option; however, be wary of any unscrupulous dealers trying to pass off counterfeit coins as genuine. By conducting proper research and working with reliable dealers, however, you can lower this risk considerably. Be sure to inspect each coin thoroughly prior to making your decision; checking its markings, engravings and fineness before purchasing one is critical.
Counterfeiting
Gold American Buffalo Bullion Coins can be an excellent investment during times of economic instability or market instability. Their government backing makes them among the safest investments in precious metals; however, counterfeiting still exists so it’s essential that you research any coin you intend to purchase prior to making your decision.
The coin’s obverse depicts a portrait of a Native American, designed based on James Earl Fraser’s sketches of three real-life American Indian tribe chiefs named Iron Tail, Two Moons and Big Tree from James Earl Fraser’s apprenticeship of Augustus Saint-Gaudens who designed original Buffalo Nickels from 1913-1938.
When purchasing gold bullion coins, be sure to weigh them to verify their weight and purity as well as look out for details like diameter and thickness.
Government backing
American Buffalo Gold Bullion Coin was authorized by Congress and first produced by the US Mint in 2006. Each lustrous coin contains one ounce of 99.9999 fine gold and is fully supported by our government.
The coin’s obverse features James Earle Fraser’s depiction of an American Indian, drawn from his studies under Augustus Saint-Gaudens sculptor. Fraser paid his homage to American Plains tribes during his youth by including them on its face.
The reverse side of this coin features Black Diamond, an iconic bison from Central Park Zoo. Additionally, this side displays “UNITED STATES OF AMERICA”, “E Pluribus Unum” and “$50”, as well as weight and purity information about the coin.
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