- Brand new coins dated 2022, in uncirculated condition
- Price displayed includes insured UK delivery
- Each American Buffalo contains one troy ounce (31.1035 grams) of fine gold
- The Buffalo Coin is manufactured with a 999.9 purity
- There are 300,000 minted by The United States Mint
- Gold American Buffalos are legal tender in the U.S.A. with a face value of $50
American Buffalo Coin Background
The American Buffalo, also known as a gold buffalo, is a 24 carat gold bullion coin that is legal tender with a face value of $50. This was first offered for sale by the United States Mint in June 2006. The coin follows the greatly admired design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time ever that the US government has minted pure (.9999) 24-karat gold coins for the public. Due to a combination of the coin’s popularity and the tremendous increase in the price of gold since its creation the coin’s value has increased considerably in a short time of just a few years.
The U.S. Mint produces Buffalo coins in 1oz Gold.
American Buffalo Coin Design
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser’s design for the Indian Head nickel (Type 1), issued in early 1913. After a raised mound of dirt below the animal on the reverse was reduced, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938, except for 1922, 1932, and 1933 when no nickels were struck. Generally, Fraser’s Indian Head nickel design is regarded as among the best designs of any U.S. coin. The same design also was used on the 2001 Smithsonian commemorative coin.
The United States Mint Background
The U.S. Mint is the sole manufacturer of legal tender coins within the United States. It was set up by Congress in Philadelphia with the Coinage Act of 1792 and originally placed within the Department of State. The first general-circulation coin of the United States, the Fugio cent, was produced in 1787 based on the continental dollar.
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