The American Gold Buffalo was introduced by the US Mint in 2006 and was the first 24 karat gold coin issued by the mint for the general public. The American Buffalo is one of the most popular pure gold bullion coins on the market today.
Weight and Size
The 2015 Buffalo has a fine gold content of .9999 and is available in 1oz, 1/2oz, 1/4oz and 1/10oz. All American Gold Buffalo’s are minted at the West Point Mint in New York.
Diameter: 32.7 mm
Nominal Value: 50 Dollars
The design of the American Gold Buffalo first appeared on the Indian Head Nickel (also known as the Buffalo Nickel) which was issued from 1913-1938. The coin was designed by sculptor James Earle Fraser (1876-1953) and honors a part of American history.
The front predominately depicts the American Buffalo. Above the motif of the buffalo is the inscription “United States of America”. At the bottom of the coin are the nominal value “$ 50” the weight “1oz” and the fine content “.9999 Fine Gold".
The back of the coin depicts a Native American. The image was created by sculptor Frazer from the features of three Indian Chiefs from different indian tribes, which included Big Tree, Iron Tail and Two Moons.
Also shown on the reverse are the words “Liberty” on the top right and the year of mintage “2015” on the bottom left. Under the year of mintage is the letter “F”, which stands for sculptor Frazer.
The American Buffalo was created to take advantage of the growing demand for pure 24k gold investment coins. The biggest difference between the Buffalo and the American Eagle is the fine gold content. The American Eagle has a fine content of 91.67% gold, while the Buffalo has a fineness of 99.99% gold. The 22k alloy in the American Eagle gives the coin added durability. Both the 1oz American Eagle and American Buffalo contain 1oz of pure gold.
Popular coins with a 22k alloy include:
South African Krugerrand
Popular 24k gold coins include:
Canadian Maple Leaf
When choosing between 24k and 22k gold coins it is all a matter of personal preference. The only real difference is that 24k gold coins do not contain any other alloys and as a result can be susceptible to surface scratches, while 22k gold coins are more durable because of the copper alloy.
Manufacturer: United States Mint
Country of origin: United States of America
Fineness: 999.9 / 1000
Weight: 1oz; 31.103 grams
Scratch resistance: poor
|Country of Origin||USA|
|Gross Weight||31.10 gram|
|Denomination (oz)||1 oz|
|Year of issue||2015|
|Face value||50 Dollar|
|Packing||Single in Pouch|
|Packing Unit||20 per tube|
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