Buy American Gold Buffalo Coin

American gold Buffalo coins are among the world's most highly regarded bullion coins. The American Gold Buffalo is a 24-karat gold coin produced by the United States Mint. It is the first gold coin ever minted by the US government to have a purity of .9999. Thanks to their exceptional design, high purity, and great value, American gold Buffalo coins have gained popularity among investors and collectors since their initial release in 2006.

About American Buffalo Coins

The design of the gold Buffalo coin pays homage to the iconic Buffalo Nickel, which was minted between 1913 and 1938. The gold Buffalo coin features a Native American man on the obverse and an American buffalo on the reverse. The gold Buffalo coin is made from .9999 fine gold and has a face value of $50, additionally, its value is based on the current market price of gold.

To ensure the coin's legitimacy, the gold used to produce American Buffalo gold Bullion coins comes from recently mined sources in America. The United States Mint at West Point, New York, strikes these coins, which weigh one ounce and have a diameter of 1.287 inches. The gold Buffalo coin is a unique and valuable addition to any collection.

Investors and collectors must go through an authorized dealer to purchase American Buffalo bullion coins, as the U.S. Mint does not sell them directly to the public. It is important to find a reputable dealer to ensure the authenticity of the coins, and BOLD Precious Metals is an example of an authorized dealer that offers these coins. 

The American Buffalo coin is popular among investors and collectors. It’s high purity, classic design, and reminiscent of the iconic Buffalo Nickel make it a valuable addition to any collection. Furthermore, it is one of the few bullion coins produced entirely of gold by the U.S. Mint.

It's important to note that, like all bullion coins, the value of the American Buffalo gold coin can fluctuate based on market conditions and demand. Nevertheless, its popularity among collectors and investors ensures that it will always be sought-after for years.

American Gold Buffalo Coin History 

The American gold Buffalo bullion coin was introduced by the United States Mint in 2006, featuring the iconic design of the Buffalo Nickel by James Earle Fraser with a gold purity of .9999. The American gold Buffalo was the first-ever coin from the US Mint to contain 24-karat gold, making it highly coveted among collectors and investors. In 2016, the mint celebrated the 10th anniversary of this historic coin.

President William Howard Taft asked James Earle Fraser to design a new nickel in 1911. Fraser included Native American imagery and an American buffalo, which has made the Buffalo Nickel and the American gold Buffalo coins popular symbols of American history.

For the obverse of the Buffalo Nickel and the American gold Buffalo, Fraser utilized a composite of face features from three real-life Native American chiefs. The identities of these figures were long curtained in a mystery. Fraser later revealed that the inspirational figures were Iron Tail of the Sioux, Big Tree of the Kiowa, and Two Moons of the Cheyenne.

To ensure the annual production of the American gold Buffalo after its 10th anniversary, the Bullion and Collectible Coin Production Efficiency and Cost Saving Act was enacted in 2015. As a result, this highly sought-after coin among collectors and investors continues to maintain its unique place in American history and its high-purity gold content.

The Design of the American Gold Buffalo Coin

The American gold Buffalo Nickel's design is the same as the one created by James Earle Fraser in 1913. Fraser was Augustus Saint-Gauden’s student who designed the $20 Double Eagle gold coin. Collectors and investors desire the Buffalo Nickel and American gold Buffalo coins for their historical significance and classic design.

The Obverse Design

The obverse side of the American gold Buffalo coin features the right profile of a Native American, which is a composite image of three famous Native American leaders. The design includes feathers, braids, and intricate facial details, aimed at honoring the rich heritage of the indigenous people. The coin has inscriptions of "Liberty", the year of issuance, and the designer's initials engraved on the neck of the Native American profile.

The Reverse Design

The Buffalo coin earned its name due to its reverse side design featuring the American Bison in a full-length left profile. The image was inspired by Black Diamond, a bison residing in New York City’s Central Park Zoo during the early 1900s. The animal has become an enduring symbol of the expansion of the American West. The reverse side also features the traditional inscriptions "In God We Trust" and “E PLURIBUS UNUM,” along with the coin’s face value, weight, millesimal fineness, and metal content.

Yearly Mintage of the American Gold Buffalo

Why Buy Official US Mint Gold Buffalo Coins at BOLD?

Gold has been treasured throughout history as an ornamental piece and a type of currency. And as a commodity, it remains a valuable investment option that tends to retain its value over time, even in market instability. That's why including bullion coins, such as the American Buffalo gold coin, in your investment portfolio is a wise choice.

The American Buffalo gold coin is a smart investment and a stunning collectible. Its iconic design pays tribute to the native heritage and the Western US, making it one of the most sought-after 24k gold coin programs available.

BOLD Precious Metals is the trusted choice when purchasing American Buffalo gold coins or other precious metals. We offer a vast collection of gold coins, including the American Buffalo, and our team of experts ensures that every coin is of the highest quality. Plus, we provide exceptional customer service to make your buying experience seamless and safe.

Don't wait any longer to start your gold collection and investment. Visit BOLD Precious Metals today and invest in the timeless beauty and value of the American Buffalo gold coin.

FAQs

Are American gold Buffalo coins IRAs eligible?

The American gold Buffalo is eligible for an Individual Retirement Account (IRA) with the Internal Revenue Service (IRS) because it has a minimum purity of 99.5%, a requirement for gold coins. The coin contains 1 Troy ounce of .9999 pure gold.

What are 24k gold coins?

When it comes to pure gold coins, the 24k gold standard is the most widely recognized and sought after. The weight of a 24k gold coin depends on the specific denomination and mint that produces it, but most are available in 1 oz or fractional weights. Examples of 24k gold coins include the Canadian Maple Leaf, Austrian Philharmonic, Chinese Panda, and the US Buffalo. These coins are considered a wise investment due to their high purity and gold content of .9999 fineness.