The United States Mint creates some of the most sought-after coin programs in the world today. Many of its famous designs available today enjoy popularity based upon a sense of nostalgia, with many of its best-selling coins featuring historic designs from circulation currency produced in the United States. Right now, Silver.com offers a variety of Gold American Buffalo coins for investors and collectors.
- Consists of one troy ounce of .9999 fine gold.
- Bears a face value of $50 (USD) backed by the federal government.
- Introduced in 2006.
- Coins bear images from the iconic Indian Head nickel.
- Designed by James Earle Fraser.
The Gold American Buffalo coin was authorized by the US Congress in December 2005. America’s sovereign coin program was one of the few in the world not to feature a 24-karat, .9999 fine gold coin. The Gold American Eagle is struck in 22-karat gold, while the Gold Canadian Maple Leaf and gold bullion coins from the Perth Mint feature .9999 fine gold.
Gold American Buffalo coins are available only in one troy ounce, and like other bullion coin programs from the US Mint, feature an iconic image from American history on both the obverse and reverse. James Earle Fraser’s 1913 design for the nation’s five-cent circulation piece was refined and used on the Gold American Buffalo.
On the obverse side of the Gold Buffalo is Fraser’s depiction of a Native American chieftain. Featured in left-profile relief, the image on the obverse features only the tribal leader, an engraving of the year of issue, and the word “Liberty.”
The reverse bears a bison standing atop a mound of dirt. Dominating the design on the reverse, the bison is a depiction of Black Diamond from the Central Park Zoo in New York City. Fraser selected both images due to his childhood, which was spent growing up on the frontiers of Minnesota and the Dakotas with his father.
The United States Mint produces Gold American Buffalo coins in two versions each year, and the coins are produced largely at the West Point Mint facility in New York state.
If you have any questions about Gold Buffalos, please feel free to contact Silver.com associates. We’re available at 888-989-7223, online via the live chat service, and through email.