Gold Buffalo coins have seen significant price appreciation since their first mintage in 2006. These may make an ideal investment option for anyone interested in adding precious metals to their portfolio.
Before investing, investors must conduct extensive research on both the coin’s history and condition, and find a dependable dealer.
Price
American Buffalo gold coins make an excellent investment for several reasons. Not only are these precious metal bullion coins eligible for an Individual Retirement Account (IRA), they boast an exceptional purity rating of 999.99 gold per 1 oz coin and feature a timeless design that pays homage to Native heritage and Western history.
The American Buffalo gold coin features an obverse with a buffalo designed by James Earle Fraser, a student of Augustus Saint-Gaudens. On its reverse is an American bison named Black Diamond which lived at New York City’s Central Park Zoo during early 1900’s and featured prominently as an attraction there. Furthermore, inscribed onto this side of the coin are its motto “E PLURIBUS UNUM,” date of mintage and face value information.
Gold bullion coins tend to retain their value better than paper currency due to market instability, and are also less vulnerable to counterfeiting than other investments; making the American Buffalo gold coin an excellent way to diversify a portfolio.
Appreciation
American Buffalo gold coins have long been beloved investments for collectors and investors, prized due to their beauty and historical significance. Although this coin carries a nominal face value of $50, its prestige often drives trade at premium over spot price of gold.
This coin serves as a stunning reminder of America’s long and rich history and legacy, featuring James Earle Fraser’s Indian Head design from the Buffalo Nickel on its obverse and three different Native American Chieftains (Iron Tail, Two Moons and Big Tree) on its reverse. Due to high demand and popularity for this coin, counterfeits may exist – so it is essential that customers purchase from reputable dealers only.
American Buffalo gold coins offer an appealing way to diversify a portfolio and protect themselves against economic uncertainty, but prior to making any investment decisions it is vital that thorough research be conducted and professional advice from an expert on precious metals is sought.
Security
American Buffalo gold coins offer investors looking to diversify their portfolios a high purity option with low market risk and are considered safer and more reliable investments than stocks or securities, plus bullion is less likely to depreciate in cases of economic instability.
The American Buffalo gold coin features the right-facing portrait of a Native American on its obverse and an image of an American bison on its reverse, designed by sculptor James Earle Fraser. The profile may represent several Native Americans including Chief Two Moons from Cheyenne Nation and Chief Iron Tail from Lakota Sioux Nation.
Due to their popularity, American Buffalo gold coins are prime targets for counterfeiters. When purchasing such coins, investors should conduct extensive research and use reliable dealers or brokers; additionally they should be mindful of any local investment restrictions.
Counterfeiting
Gold is one of the oldest precious metals used worldwide and highly prized. Often considered currency or jewelry, its innate beauty makes it desirable. Since 2006, the United States Mint has produced one-troy ounce bullion coins called the American Buffalo. Containing 24K pure gold with an face value of $50 each coin comes both as bullion coins and proof coins with mirror finishes being more costly.
Gold has long been considered a safe and reliable investment, making American Buffalo gold coins an attractive option for diversifying portfolios with gold bullion. Since their release in 2006, their value has appreciated significantly, making these an excellent way to diversify an investor’s investments with gold bullion.
However, investing in any precious metal requires thorough research. Working with Oxford Gold Group’s team of experts can help you avoid making costly errors and maximize the returns from your investment.
