For nearly 150 years, the United States Mint had failed to strike a gold coin with a purity level above .900. The arrival of the Gold American Eagle in 1986 changed all that, and 20 years later the Gold American Buffalo upped the ante again. The nation’s first 24-karat gold coin was the Gold American Buffalo, and the 10th Anniversary 2016 1 oz Gold American Buffalo coin is available right now on Silver.com.
- Ships in a plastic slab to protect the coin’s condition.
- 10th anniversary Gold American Buffalo coin!
- Consists of one troy ounce of .9999 fine gold.
- Face value of $50 (USD) is fully backed by the US government.
- Graded Mint State 70 by the Numismatic Guaranty Corporation.
- Inspired by the Buffalo Nickel.
- Design originally created in 1913 by James Earle Fraser.
All 2016 1 oz Gold American Buffalo coins available now through this Silver.com listing are considered perfect specimens. These coins earned a grade of Mint State 70 from the NGC, indicating that each has its full, original mint luster and lacks any kind of detracting flaws or blemishes on its surface.
The United States Mint resurrected yet another iconic American coin design when it introduced the Gold American Buffalo. Not only was this coin the first in US Mint history to feature .9999 fine gold, it included imagery found on the popular Buffalo Nickel from James Earle Fraser, which was in circulation from 1913 to 1938.
Fraser’s design featured a Native American chieftain profile on one face of the five-cent piece, and was inspired by the combination of facial features from three real-world tribal leaders of the early 20th century. Black Diamond, a resident bison at the Central Park Zoo in the early 1900s inspired his reverse design.
On the obverse of 2016 Gold American Buffalo is the image of Fraser’s Native American chieftain, which is set in right-profile relief. As with the original five-cent piece, the only engraving on this face is the word “Liberty.”
The reverse face of the coin features the image of Black Diamond, just as it was on the Buffalo Nickel. The bison, North America’s largest land mammal, is surrounded by engravings of the coin’s weight, purity, metal content, and face value.
Please direct your questions to a Silver.com associate at 888-989-7223, chat with us live online, or send us an email.