Is the Gold Buffalo Coin Real?
The Gold Buffalo Coin is a 24-karat bullion coin issued and guaranteed by the United States Government. The design features a modern take on James Earle Fraser’s timeless Buffalo Nickel design. On its reverse side is depicted a full-body left profile image of Black Diamond from New York Central Park Zoo.
Authenticity
The US Mint offers collectors the 1 oz American Gold Buffalo coin as an iconic piece that represents America’s heritage and traditions. Boasting both an impressive gold bullion content and timeless design, this coin makes an excellent addition to any collection.
The American Gold Buffalo coin features a revised version of James Earle Fraser’s design for the Buffalo Nickel, issued from 1913-1938. On its reverse is depicted a full-body left profile image of an majestic American bison standing upon a mound of dirt; above this image is inscribed its name and weight/purity information.
American Gold Buffalo coins feature the year of minting and feature a W mint mark on the left side of their Native American portrait, along with “Liberty” inscription and face values of $50.
Purity
The Gold Buffalo Coin is the United States Mint’s inaugural 24-karat pure gold bullion coin and highly sought-after. Collectors value its combination of style and value – its design features a right-facing portrait of Native American man from James Earle Fraser’s Buffalo Nickel design (minted between 1913-1938). On its reverse side is an image depicting Black Diamond from New York City’s Central Park Zoo on one side while its obverse shows an American bison standing behind her head on her reverse side.
The coin’s obverse displays its motto of “LIBERTY,” the year of mintage, and designer initials. Each coin is then weighted to ensure it contains exactly one ounce of gold; or you may opt for fractional coins made available since 2008 that contain 1/10, 1/4, and 1/2 ounce of precious metal respectively.
Weight
The American Gold Buffalo is a pure 24 karat coin first released for purchase in 2006. Since its introduction, this stunning coin has quickly become a favorite among gold investors and collectors. Boasting stunning design elements and high purity levels, making them an attractive investment choice. Furthermore, this coin qualifies as an IRA investment choice and could add diversification to any portfolio.
On the obverse of this coin can be seen a portrait of a Native American, inspired by James Earle Fraser’s Buffalo Nickel design from 1913. Additionally, Liberty stands for Freedom on this coin along with the year of mintage.
The reverse side of this coin features a full-body left profile of an American Bison named Black Diamond after one that lived at New York City’s Central Park Zoo during its early 1900s incarnation. Near its head are displayed denomination, weight and millesimal fineness of the coin.
Value
Gold Buffalo coins are valued based on both their bullion content and spot price of gold, making them a valuable addition to precious metal portfolios. Their legal tender status makes them legal tender with the federal government guaranteeing $50 of value per coin face value backed by them as legal tender.
The coin’s obverse depicts a right-facing portrait of a Native American, drawn from James Earle Fraser’s design for America’s five-cent nickel (also known as “Buffalo Nickel”) which was minted between 1913 and 1938. Fraser created his depiction using sketches he made of three different tribal leaders from three different tribes: Big Tree of Kiowa, Iron Tail from Lakota Sioux, and Two Moons from Cheyenne tribes; two Moons represents Two Moons from Cheyenne tribe. On this obverse field appear “Liberty” as well as date of mintage.
Taxes
Gold Buffalo coins are valued based on the current price of gold, making them immensely popular since their introduction in 2006. Each coin contains one ounce of.9999 pure gold and its value also depends on condition and authenticity.
The coin features an image of an American indigenous tribal chief inspired by James Earle Fraser’s original design for the popular 1913 Buffalo Nickel (or Indian Head Nickel), depicted with three distinctive Native American chiefs – Big Tree, Two Moons and Iron Tail – depicted from James Earle Fraser’s original 1913 Buffalo Nickel design (or Indian Head Nickel). Furthermore, this side features both “LIBERTY” and the year of mintage on its reverse side.
Investors are eager to purchase this coin as it pays tribute to one of America’s iconic designs while serving as a reliable store of value. Furthermore, being backed by the U.S. government adds further appeal.
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