American Gold Buffalo Coins (All)

About The American Gold Buffalo

The American Gold Buffalo coin is a 24-karat gold bullion coin produced by the United States Mint. It was first introduced in 2006 and is one of the newer bullion coins offered by the US Mint.

The design of the Gold Buffalo coin is based on the iconic Buffalo Nickel, which was minted from 1913 to 1938. The obverse of the Gold Buffalo coin features a profile of a Native American man, while the reverse features an image of an American buffalo, also known as a bison.

The Gold Buffalo coin is made of .9999 fine gold, meaning it is 99.99% pure. The 1 oz gold buffalo coin has a face value of $50, and is sometimes referred to as the $50 dollar gold coin, but its actual value is based on the current market price of gold. The weight and size of the Gold Buffalo coin are also based on the specifications of the original Buffalo Nickel, with a diameter of 1.287 inches and a weight of 1 ounce.

This coin has is popular among investors and collectors due to its high purity and classic design. It is also one of the few bullion coins produced by the US Mint made entirely of gold. The other 50 dollar gold coin produced by the US Mint is the Gold Eagle. Like all bullion coins, the value of the Gold Buffalo coin can fluctuate based on market conditions and demand.

While Gold Buffalos hold their appeal with their iconic design and high gold purity, exploring the full range of gold coins can offer a diverse array of options suited to different tastes and investment goals. From historic coins like the American Gold Eagle to internationally recognized coins such as the Canadian Maple Leaf, considering the full spectrum allows for a more comprehensive evaluation before making a decision.

About The Design

The design of the Gold Buffalo coin is based on the classic design of the Buffalo Nickel, which was first minted in 1913. The Buffalo Nickel was designed by James Earle Fraser, a sculptor, and artist who the American West and Native American culture inspired.
The obverse of the Gold Buffalo coin features a profile of a Native American man, which is based on the composite image of three real-life Native American chiefs from different tribes: Big Tree, Iron Tail, and Two Moons. The man is depicted with feathers in his hair and right facing. The words "LIBERTY" and the year are also inscribed on the obverse.

The reverse of the Gold Buffalo coin features an image of an American buffalo. The buffalo is shown standing on a mound of dirt, with the words "UNITED STATES OF AMERICA," "E PLURIBUS UNUM" (which means "Out of many, one" in Latin), "IN GOD WE TRUST," and the coin's denomination is inscribed on the reverse.

The obverse and reverse designs are highly detailed and intended to capture the beauty and majesty of the American West and Native American culture. The 24-karat gold makes the appearance rich and vibrant, making the Gold Buffalo coin a popular choice for collectors and investors alike.

History Of The Gold Buffalo

The American Gold Buffalo coin was first introduced in 2006, and it was the first 24-karat gold bullion coin ever produced by the United States Mint. The coin was created to compete with other popular gold bullion coins, such as the Canadian Gold Maple Leaf and the South African Krugerrand, which are also made of 24-karat gold.

Comparing Gold Buffalo with Gold Eagles demonstrates the greater gold purity achieved with the Gold Buffalo coin, as the Gold Eagle is made of 22-karat gold. Despite the decrease in purity, the U.S. Mint's 1 oz Gold Eagle coin remains a perennial favorite of those interested in American coinage, and is a great buy for investors and collectors alike.

The design of the Gold Buffalo coin is based on the iconic Buffalo Nickel, which was minted from 1913 to 1938. The Buffalo Nickel was a popular coin well-known for its intricate design and the use of the American buffalo, an important symbol of the American West and Native American culture.

The Gold Buffalo coin was an immediate hit with collectors and investors alike, and it quickly became one of the most popular gold bullion coins in the world. The coin's high purity and classic design, combined with the backing of the United States government, made it a highly sought-after investment.

Since its introduction, the Gold Buffalo coin has been minted in various sizes, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. The coins are also available in proof and uncirculated versions and are produced at the US Mint's West Point facility.

Investors that are interested in 1 oz gold bullion products but are seeking to minimize premiums often seen with coins should consider 1 oz gold rounds and bars. Many of these are not produced by governments, and often have more basic designs, allowing for reductions in overall cost.