AMERICAN GOLD BUFFALO 1 OZ COMMON DATE

AMERICAN GOLD BUFFALO
$2,143.83
Stock Status: In stock
Availabilty:Live
SKU
1B

The American Gold Buffalo was introduced by the United States Mint on June 22, 2006 as the first ever U.S. 24 karat gold bullion coin. Production was authorized under Public Law 109-145, dated December 22, 2005, and one ounce coins have been made every year since. The coin has a legal tender face value of $50.

The Gold Buffalo coins feature the design of the famous 1913 Type 1 Buffalo Nickel created by James Earle Fraser. The historic design, a favorite of collectors, was issued from 1913 to 1938. The obverse design features an American Indian and the reverse features an American Buffalo (bison) standing on a raised mound, as well as inscriptions of the denomination, weight, and gold content of the coin. Perfect MS-70 1oz Gold coins have been minted since 2006, however in 2008 fractional denominations were released only for that year.

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For the first time in its 215-year history, the United States Mint is offering a 24-karat gold bullion coin. The design is based on the original Indian Head Buffalo nickel. Containing one ounce of .9999 gold, these lustrous coins are among the world's purest gold coins in terms of the fineness of the metal they contain. Each coin contains its full, stated weight of pure gold, which by law, must be taken from newly mined sources in America.
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