- Mixed year Buffalos are supplied in good condition, supplied in mint packaging which may show signs of handling and storage
- Image displayed is not actual coin
- Each 1oz Gold Buffalo is struck in .9999 gold and contains one troy ounce (31.1035 grams) of gold
- Gold Buffalo coins are produced by the United States Mint
- Price inclusive of insured delivery to a UK address
- Legal tender in the United States with a face value of $50 (USD)
The American Buffalo, also known as a gold buffalo, is a 24ct gold bullion coin which 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.
In addition to requiring a presidential dollar coin series to begin in 2007 and redesigning the cent in 2009, the Presidential $1 Coin Act of 2005 mandated the production of a one-ounce 24-karat gold bullion coin with a face value of $50 and a mintage limit of up to 300,000 coins.
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. coins. The same design also was used on the 2001 Smithsonian commemorative coin.
Bleyer is the leading online bullion dealer for gold, silver, platinum, palladium and rhodium bars & coins. Based in the South West, Bleyer Bullion covers the whole of the UK by phone and online with their friendly, expert consultancy for bullion sales and storage options. Bleyer welcomes UK customers looking for a more personal, comprehensive and competitive physical precious metal dealer. Give our friendly team a call today on 01769 618618 to find the investment solution most suited to your needs. Live Chat Available Monday-Friday 9-5.