American Buffalo Gold Coins
American Buffalo Gold Coins are a salute to the popular Buffalo nickels of the early 1900’s. They were authorized for minting in December of 2005, due to legislation known as the Presidential $1 Coin Act and are a popular coin for both collectors and investors.
James Earle Fraser first made the design for the 5-cent Buffalo Nickel that was introduced in 1913. He was a noted American sculptor, and created the images for the coin in a manner of different ways. First, the Indian head on the front is supposed to be a model based on three different American Indians, while the bison on the back is believed to be significant of Black Diamond, a New York Zoological Gardens attraction.
The American Buffalo gold coin features the exact images that Fraser designed for the buffalo nickel, including the Indian head on the front, and the bison on the obverse. However, he made two designs for this coin, including one with a bison standing on a mound, and a second issuance which showed a bison standing on a flatter plain. The first design is the one used on the American Buffalo gold coins. These bullion coins are the first bullion coins that have been struck by the U.S Mint to contain 0.9999 24 Karat gold. They can be purchased through a network of authorized dealers, including coin dealers and investors of all kinds. The coins have a $50 face value, and are sold to the general public for investment purposes.
The U.S. Mint also produced a series of proof coins for the American Buffalo gold coins series. This involves a specialized minting process where coins are made specifically for collectors, and struck multiple times to make the coins appear more visually pleasing. Proof coins come with a certificate of authenticity, and can be purchased directly through the U.S. Mint. If you are interested in collecting these proof coins, you can guarantee that you’ll have a great addition to your collection.
Whether you’re considering investing in the proof coins, or you want to buy actual gold bullion coins for investment purposes, the American Buffalo gold coins are a great choice. Collectors and investors alike can enjoy a historical tribute to U.S. coinage with this item. These coins contain one troy ounce of pure gold, and are about the same size as a half dollar. Considering that this is the first 24 Karat gold coin produced by the U.S. Mint, and that it has such significance in its design, anyone who invests in these coins in bullion or proof form can be certain to see a price increase.