The American Buffalo Gold coin is one of the United States Mint’s newest bullion coins, made up of 1 troy ounce of 99.999 pure 24-karat gold and designed to echo James Earle Fraser’s original Indian Head Nickel from 1913.
Fraser created the reverse design with an American bison that bears an in-body left profile, drawn from sketches of Black Diamond from New York’s Central Park Zoo. Each coin carries a face value of $50 and serves as legal tender for debts public and private up to that amount.
Price per ounce
The 1 oz Gold American Buffalo coin was launched by the US Mint in 2006 as the inaugural 24-karat bullion coin with legal tender status, guaranteed by federal government gold content, making it eligible for inclusion in a precious metals IRA. JM Bullion offers these coins both proof and uncirculated varieties; with proof coins featuring high relief designs while uncirculated coins feature matte finishes to preserve its luster.
James Earle Fraser’s Buffalo Nickel design, in circulation between 1913 and 1938, provided the inspiration for this coin’s obverse side. On its reverse is a full-body left profile of an American bison or buffalo derived from Three Native American Chiefs such as Two Moons from Cheyenne nation, Big Tree from Kiowa nation and Iron Tail from Lakota Sioux nation.
The American Buffalo Gold coin pays homage to classic American coinage designs while using modern minting techniques, with timeless aesthetics and expert craftsmanship making it an invaluable investment piece. Boasting 99.99% pure gold content and limited mintage numbers for increased exclusivity and potential price appreciation potential, its limited mintage ensures exclusivity as well as potential price appreciation over time. Collectors also find this coin easy to add into existing collections at an economical price compared to its 22-karat counterparts.
Price per kilogram
The American Buffalo Gold coin is a pure 24k bullion coin issued by the United States Mint and boasts one troy ounce of 99.999 fine gold content backed by the US government. Each coin features a $50 face value and legal tender status; popular among consumers due to its iconic design that honors Native American heritage and western US history. There are both proof and uncirculated versions; proof gold coins can be struck multiple times using special dies that produce a shiny mirror-like finish while uncirculated gold coins maintain their original luster for longer.
The coin’s obverse features a portrait of an American buffalo, inspired by James Earle Fraser’s iconic Indian Head nickel designed between 1913 and 1938 and produced from circulation. On its reverse is depiction of left profile of an American bison named Black Diamond at Central Park Zoo.
The coin features its $50 face value inscribed above a bison’s lowered head, while its content and purity details can be seen on its reverse, along with “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM.” Each coin produced is produced in limited quantities for enhanced collectability; you can purchase and store privately without being subject to IRS reporting requirements in the US.
Price per pound
American Buffalo Gold coins are beloved collectibles and investments alike due to their superior purity, stunning design, and long-term value. Long known as an effective hedge against inflation and other global economic threats, they provide investors with a safe asset that can easily be turned back into cash at most precious metal and coin dealers.
The coin’s obverse features James Earle Fraser’s iconic Indian Head design, featuring images of three Native American chiefs (Iron Tail (Lakota), Two Moons (Cheyenne) and Big Tree (Kiowa). Behind each Indian’s neck can be found an inscription reading LIBERTY; on its reverse is also stamped the weight, fineness and gold content as well as $50 face value.
All American Buffalo Gold coins are produced at the West Point Mint, an arm of the United States Mint. Bullion versions do not feature mintmarks; proof coins feature an “W” mintmark behind the Native American’s neck. All coins are made with 24-karat gold and shipped individually in protective plastic flips.
The American Buffalo is one of the most beloved 24k gold bullion coins minted by the government and remains popular with investors due to its high demand, premium over spot price, and favorable capital gains tax treatment when held within an IRA account.
