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The United States Mint first released the American Gold Buffalo in 2006. The mint proudly selected this coin to introduce 24 karat (.9999) gold into their bullion program. By this, the U.S. Mint awarded their highest value on this favorite historic coin design. The American Gold Buffalo design hearkens back to the 1913 Indian Head or Buffalo Nickel, designed by James Earle Fraser. The design was highly popular throughout the 25 years it was in production. Avid collectors still continue to seek out these older nickels. This 2022 1 oz American Gold Buffalo release is available to add to your holdings.
Thinking about expanding your collection with graded Gold Buffalos or perhaps a Proof version? Take a look at our American Buffalo Gold Coins section—we've got something special waiting for you.
The original 1913 design was adapted for this new series of gold bullion coins. The designer, James Earle Fraser (1876-1953), was a highly honored American sculptor. Interestingly, for a time he was an assistant to Augustus Saint-Gaudens, famed sculptor and designer of the beautiful Gold Double Eagle bullion coin.
Fraser's new design began with a series of sketches, which he submitted for approval. He was pleased that the Native American and Buffalo sketch was selected from the three. As he later reflected on his choice of the coin's design, he indicated that he wanted to display a uniquely American theme. He decided upon a portrait of a North American Indian, and the American buffalo (bison).
An intriguing story unfolded over the years following the new nickel's release. The public continued to inquire whether the Indian portrait was made from a living model. Fraser finally disclosed that it was actually a composite, compiled from previous portraits he had made of three different Indians from different tribes. They were later revealed by Fraser to be Chief Iron Tail, of the Oglala Lakota Nation; Chief Two Moons, of the Cheyenne Nation; and the third (though the identity was not certain), is commonly believed to be Chief Big Tree, of the Seneca Nation. He was clear to note, however, that his intent was not to display a portrait of a living model, but rather an iconic type.
The reverse design of the buffalo was based upon sketches made of Black Diamond, living in the Central Park Zoo. Fraser was quoted to have said, that Black Diamond "was the contrariest animal...He refused point blank to permit me to get side views of him, and stubbornly showed his front face most of the time." Fraser's depiction certainly reveals the magnificence and strength of the mighty American buffalo. This 2022 1 oz American Gold Buffalo in BU condition will certainly grace your growing collection!
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