American Buffalo Gold Coin

Brief Description

The obverse of the coin features a sculpted portrait of a Native American chief, with a prominent feather headdress. The word "LIBERTY" is inscribed to the right of the portrait, and the year (2019 in this case) is below the portrait, with a mint mark (if any). The reverse typically features an American Bison (buffalo).

Historical Significance

The American Buffalo Gold Coin was first issued in 2006 by the United States Mint. It was the first 24-karat (.9999 fine) gold coin ever struck by the U.S. Mint for public release, intended to compete with other popular 24-karat gold bullion coins on the international market. Its design is based on the famous Type 1 Buffalo Nickel (also known as the Indian Head Nickel) designed by James Earle Fraser, which circulated from 1913 to 1938. The coin's design pays homage to the American West and its indigenous peoples, making it a symbolic piece of American heritage.

Estimated Value

The value of American Buffalo Gold Coins is primarily tied to the spot price of gold, plus a premium for its purity and collectibility. As of late 2023/early 2024, a 1 oz American Buffalo Gold Coin (like the one pictured, assuming 1oz) would be valued at its gold melt value (approximately $2000-$2200 USD per ounce depending on market fluctuations) plus a premium which can range from 5% to 15% or more, resulting in an estimated value of $2100 - $2500+ depending on market conditions and specific mintage.

Care Instructions

Handle the coin by its edges to prevent transferring oils from your skin, which can tarnish the gold. Store it in a protective, inert holder, such as an archival-quality slab or capsule, away from extreme temperatures and humidity. Avoid cleaning the coin, as this can damage its surface and significantly decrease its numismatic value.

Created At: 2025-07-20T16:56:15.391427