The American Buffalo Coin is the first .9999 fine 24-karat gold coin ever struck by the United States Mint and has been produced every year since its first issue in 2006.
These are among the world’s purest gold coins in terms of the fineness of the metal they contain. The American Buffalo Coin is one of only a handful of 24 karat bullion gold coins, and is one of the reasons for its worldwide appeal. By law, the gold in Buffalo Gold Bullion Coins must originate from newly mined sources in America. All the coins are struck at the United States Mint at West Point, New York, but do not have a mint mark.
The Buffalo coin is a modified version of James Earle Fraser’s design for the Indian Head nickel issued in early 1913, regarded as among the best and most collectable designs of any U.S. coins.
The obverse of this coin is a profile of a classic Native American Indian which is said to be created as a mixture of the features of three chiefs from different Indian American tribes.
The reverse features an American Bison, which commonly are referred to as buffalo. The motto, “In God We Trust”, appears to the left of, and beneath, the buffalo’s head. This motto has featured on all U.S. gold coins since 1908.
The coin has a face value of $50 USD and is a fine addition to a coin portfolio.
American Buffalo coin
Face Value: $50 USD
Gold Content: 1 ounce (31.104g)
Purity: 99.99% (24 karat)
Gross Weight: 31.108g
Coin Diameter: 32.70mm
First year of issue: 2006