American Buffalo Gold Coins
American Buffalo is a 24 Karat gold bullion coin which offered for sale on June 22.2006 by United States of Mint. The coin is embossed with Indian head on the obverse and on the reverse with American Bison.
This was the first time that United States government has minted 24 Karat of pure gold for the public. The coin’s value is US$50.The initial price of proof coin in 2006 and 2007 was $800 and $ 899.95 accordingly.
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 G 137 1932 INDIAN HEAD $1000 GOLD EAGLE  US $1,200.00
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 G 100 1853 U S TYPE 1 LIBERTY $1 GOLD COIN US $299.00
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 G 38 1875 CALIF 1 4 GOLD DOLLAR INDIAN HEAD WREATH US $250.00
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 G 129 1909 8 NGC MS62 $20 SAINT GAUDENS GOLD COIN US $3,499.00
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 2009 W BUFFALO GOLD PROOF NGC PF70 $50 EARLY REL PR70 US $1,326.55
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 5 Coin Lot 2009 PCGS MS70 1st Strike $50 Gold Buffalo US $6,999.75
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Components of American Buffalo gold coin
Mass: 31.108g
Diameter: 32.7mm
Thickness: 2.95 mm
Edge: Reeded
Composition: 99.99 %( 24 K)
The design of the American Buffalo is the modified version of James Earle Fraser’s Indian Head nickel of 1913.The converse of the coin is of Indian face and the reverse of the coin, stands an American Bison, commonly referred as buffalo.
American Buffalo coins represent elegance in numismatic design and uncompromising quality in coinage production. American Buffalo gold coins are the purest form of gold coin in the term of metal and fineness.
Weight, Purity and Content guaranteed
American Buffalo gold coins are the only coin whose weight, purity and content are guaranteed by the United States of government. American Buffalo coins are hugely welcomed worldwide in all major investment market.
Easy to buy and Sell
As American buffalo carries guaranty by the United States Government, so it can be sold to any precious metal dealers worldwide. Although the coin is a legal tender but its face value is largely symbolic.
The United States Mint ,produces coins as proof version for collectors, the term “proof” means that the coins has to go through special minting process, where the coins are burnished and then fitted with special dies.
Each coin in struck multiple times so that the image seems to be floating.
Distribution
After a long wait by collectors and investors, the new version of American Buffalo came into Market. The coin was created in order to compete with other foreign 24-karat gold coins, because investor prefers 99.99% pure gold over 91.67% gold.
With the arrival of American Buffalo, United States government hopes to increase the amount of U.S. gold sales.
Few Interesting Facts
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G 137 1932 INDIAN HEAD $1000 GOLD EAGLE | |
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US $1,200.00 | 13h 44m |
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G 100 1853 U S TYPE 1 LIBERTY $1 GOLD COIN | |
0 Bid | US $299.00 | 13h 48m |
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G 38 1875 CALIF 1 4 GOLD DOLLAR INDIAN HEAD WREATH | |
0 Bid | US $250.00 | 13h 53m |
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G 129 1909 8 NGC MS62 $20 SAINT GAUDENS GOLD COIN | |
0 Bid | US $3,499.00 | 13h 58m |
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2009 W BUFFALO GOLD PROOF NGC PF70 $50 EARLY REL PR70 | |
10 Bids | US $1,326.55 | 1d 1h 28m |
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5 Coin Lot 2009 PCGS MS70 1st Strike $50 Gold Buffalo | |
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US $6,999.75 | 1d 2h 23m |
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1911 $500 INDIAN HEAD GOLD HALF EAGLE COIN AU | |
9 Bids | US $305.00 | 1d 2h 23m |
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2009 PCGS MS70 First Strike $50 1oz Gold Buffalo MS 70 | |
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US $1,399.75 | 5d 18h 18m |
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1915 S $500 INDIAN HEAD GOLD HALF EAGLE COIN XF AU | |
16 Bids | US $305.00 | 2d 2h 43m |
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Brand New – 2010 US $50 Gold Buffalo Tribute Proof | |
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US $22.00 | 16d 19h 4m |
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1926 $250 INDIAN HEAD GOLD QUARTER EAGLE COIN BU MS | |
4 Bids | US $127.50 | 3d 3m |
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1915 $250 INDIAN HEAD GOLD QUARTER EAGLE COIN BU MS | |
3 Bids | US $113.50 | 3d 23m |
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2006 W $50 AMERICAN BUFFALO 1 Oz 9999 GOLD PROOF COIN | |
24 Bids | US $1,175.00 | 3d 2h 2m |
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2009 W BUFFALO GOLD PROOF NGC US MINT EARLY REL PF70 | |
10 Bids | US $1,145.00 | 3d 15h 33m |
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2009 PCGS MS70 $50 1oz Gold Buffalo MS 70 | |
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US $1,405.00 | 18h 30m |
• By law the gold should be mined in United states Mint but all coins are struck at west point
• The Native American on the observe believed to be three different men who used to model for Fraser
• The bison on the reverse named,” Black diamond”, who used to live in New York City central Park Zoo during 1910s
Conclusion
On July 22, the mint transferred two coins to the Smithsonian Institution for its historic value. From Sep 26, 2008 the United States Mint called American Buffalo gold coins for a halt because it cannot match up the soaring demand.
