The Gold American Buffalo coin was the first .9999 fine 24 karat gold coin ever struck by the United States Mint. These coins are minted to give investors a chance to grab hold of legal tender produced by direct decree of the United States government.
Gold American Buffalo Features
- Contains 1 Troy oz. of .9999 fine gold
- Content and purity of each coin is guaranteed by the U.S. Government
- Eligible for self-directed IRA (additional paperwork required, ask your specialist for details)
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser's design for the Indian Head nickel (Type 1), issued in early 1913. After a raised mound of dirt below the animal on the reverse was reduced, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938; except for 1922, 1932, and 1933, when no nickels were struck.
The obverse (front) of the coin depicts a Native American, whom Fraser said he created as a mixture of the features of three chiefs from different American Indian tribes, Big Tree, Iron Tail, and Two Moons. The obverse also shows the motto "LIBERTY" on the top right, the year of mintage on the bottom left, and below that the letter F for Fraser.
The reverse (back) of the coin stands an American Bison, which commonly are referred to as buffalo. The animal depicted on the reverse is believed by most to be the bison named Black Diamond, who lived in the New York City Central Park Zoo during the 1910s.
Each coin contains 1 oz of pure 24 karat gold. They are legal tender with content and purity guaranteed by the U.S. Government. Fulfillment is based on availability. Specific years are not guaranteed.