Is the Gold Buffalo Coin Real?
Gold coins have long been seen as reliable stores of value that have preserved their purchasing power for generations. Their bullion content and premium charged by dealers determine its worth, making it one of the safest ways to invest.
The coin features James Earle Fraser’s portrait of an American Indian on its obverse and an American bison named Black Diamond from New York City’s Central Park Zoo on its reverse. Additionally, inscribed words read “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “$50”.
Authenticity
The Gold Buffalo coin made its debut at the United States Mint in 2006 as its inaugural pure 24-karat gold bullion coin. Its design was inspired by James Earle Fraser’s popular Buffalo Nickel design known as Indian Head Nickel; while its reverse side depicts an American bison similar to Black Diamond from New York City’s Central Park Zoo.
The coin is backed by the United States government, adding to its value and authenticity. Furthermore, gold has maintained its purchasing power throughout history; thus making this coin suitable as an investment portfolio store of value. Proof and uncirculated versions are both available so collectors can select what suits their preferences best.
Purity
The gold buffalo coin features an obverse with a right-facing portrait of a Native American, created using sketches from three Indian tribe chiefs who posed for James Earle Fraser. Below this portrait are inscribed “LIBERTY” and the year of minting.
The reverse design of this coin features Black Diamond, an iconic bison once housed at Central Park Zoo. Additionally, this design displays its $50 face value, weight and purity specifications, as well as “UNITED STATES OF AMERICA” and “E Pluribus Unum”.
Gold Buffalo coins contain the highest gold content among all bullion coins produced by the US Mint, making them an invaluable investment for investors and collectors. Certified coins from third-party grading services add extra trustworthiness and increase overall worth.
Design
First released for sale in June 2006, the American Buffalo Gold Coin is a.9999 fine gold bullion coin with a face value of $50 backed by the United States government and designed as an investment alternative to Krugerrands or Eagle coins. On its reverse lies an right-facing portrait of Chief Iron Tail from Lakota Sioux culture and Chief Two Moons from Cheyenne tribes – two iconic Native Americans from different tribes who represent a composite of Iron Tail’s Lakota Sioux culture as well as Chief Iron Tail’s Lakota Sioux/Cherenne relationship.
The reverse features an iconic American bison modeled after Black Diamond from New York City’s Central Park Zoo. This design pays homage to America’s wild west heritage and pioneering spirit while attesting to 24K gold purity guaranteed by the federal government.
Value
The Gold Buffalo is one of the most beloved gold bullion coins among collectors and investors, boasting high purity and classic design elements that make it a worthy investment option. Furthermore, this coin is supported by the United States government to guarantee it as safe and trustworthy.
James Earle Fraser designed the coin’s obverse side to showcase a portrait of a Native American, drawn from three distinct Indian tribe chiefs (Chief Big Tree of Kiowa, Iron Tail of Sioux and Two Moons of Cheyenne). Additionally, this coin bears the wording “LIBERTY” along with its year of mintage.
The Gold Buffalo coin is legal tender currency backed by the United States government with a face value of $50 and limited mintage, making it an excellent way to store assets safely and secure. Over time its collectability increases alongside its value.
Counterfeiting
American Gold Buffalo coins have become an attractive target of counterfeiters due to their widespread appeal. Many counterfeit coins closely resemble real ones and may be hard to distinguish without special testing equipment such as electronic or weighing scale testers. To prevent falling prey to such fakes, work only with reliable dealers and conduct extensive research prior to making your purchase decision.
The American Gold Buffalo’s obverse features an image of a Native American chief inspired by James Earle Fraser’s 1913 Indian Head nickel design, symbolizing America’s westward expansion. On its reverse is a depiction of Black Diamond – an American bison who lived at New York City Zoo during 1910s – an image evocative of this powerful and dignified image that represents America as it moved west.
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