American Gold Buffalo

Brief Description

The coin features a profile of a Native American on the obverse and an American Bison (buffalo) on the reverse, inspired by James Earle Fraser's iconic "Buffalo Nickel" design. The reverse also shows the inscriptions "UNITED STATES OF AMERICA", "E PLURIBUS UNUM", "IN GOD WE TRUST", and the coin's weight and purity "1 OZ. .9999 FINE GOLD" and denomination "$50".

Historical Significance

The American Gold Buffalo coin was first introduced by the United States Mint in 2006. It was the first 24-karat pure gold coin ever struck by the United States Mint, offering a direct competitor to other popular 24-karat gold bullion coins from around the world. Its design pays homage to the classic Type 1 Buffalo Nickel (Indian Head nickel) issued from 1913 to 1938, which is highly regarded for its artistic merit and depiction of American frontier themes.

Estimated Value

The value of an American Gold Buffalo coin primarily depends on the current spot price of gold, given its 1 oz weight of .9999 fine gold. There can be a slight premium over the melt value for uncirculated or proof versions, but as a bullion coin, its value fluctuates daily with the gold market. As of late 2023 / early 2024, with gold prices around $2000 per ounce, the coin's value would be approximately $2000+.

Care Instructions

Handle the coin by its edges, preferably with cotton gloves, to avoid transferring oils and dirt from your skin, which can tarnish the surface. Store the coin in a protective, inert holder (such as an archival coin capsule or slab by a reputable grading service) to prevent scratches, dents, and environmental damage. Avoid cleaning the coin, as this can devalue it, especially for bullion coins where the finish is part of its appeal and collector value.

Created At: 2025-10-11T15:44:06.018180