The Gold American Buffalo was the nation’s first-ever 24-karat gold coin, and in 2016 the program celebrates its 10th anniversary. Originally introduced with a design inspired by the Buffalo Nickel, today the Gold American Buffalo enjoys new status as a guaranteed, annual coin from the United States Mint. Right now the 2016 1 oz Proof Gold American Buffalo is available on Silver.com with a perfect certification.
- 10th anniversary release of the Gold American Buffalo coin!
- Arrives in a protective plastic slab.
- Consists of one troy ounce of .9999 fine gold.
- Bears a face value of $50 (USD) backed by the federal government.
- Issued a grade of PF70 by the Numismatic Guaranty Corporation.
- Features an Ultra-cameo finish.
- Native American tribal leader in right-profile relief on the obverse.
- Black Diamond, the bison, depicted on the reverse.
James Earle Fraser designed the five-cent piece for the US Mint in 1913. Growing up on the plains of the Upper Midwest, he experienced frontier life firsthand as he followed his father throughout Minnesota and the Dakotas.
This lifestyle was a direct inspiration for the Buffalo Nickel, which was in circulation from 1913 to 1938. He created the image of a Native American chieftain for use on the obverse by combining the facial features of three real-life leaders. His reverse bison design was created using Black Diamond as an inspiration, a creature that resided at the Central Park Zoo in New York City at the time.
Each 2016 1 oz Proof Gold American Buffalo Coin in this Silver.com listing has a grade of PF70 from the NGC. Coins in this condition are considered perfect proof specimens, and feature full, original luster from the mint with no detracting flaws. Ultra-cameo coins have brilliantly contrasting finishes, with a strong, frosted design set and a deeply-mirrored, clear background field.
On the obverse of all Gold American Buffalo coins is the right-profile portrait of a tribal chieftain. Engravings of “Liberty” and the year of issue are featured on this face. The reverse of the 2016 1 oz Proof Gold American Buffalo coin bears the image of Black Diamond, along with engravings of the coin’s face value, weight, metal content, and purity.
Please feel free to contact Silver.com with any questions you might have about the Gold American Buffalo. You can reach one of our associates on the phone at 888-989-7223, online using our live web chat, or via our email address.