The Gold American Buffalo coin is the first (.9999) 24-karat gold coins produced by the US Mint for the public. The front side of the Gold American Buffalo gold coin features the profile of a Native American Indian, a mixture of features from three chiefs of different tribes, Big Tree, Iron Tail, and Two Moons. The reverse side of the gold bullion piece has the golden buffalo depicted with the words “United States of America”. The Bison is believed to be named Black Diamond, who lived in the New York City Central Park Zoo during the early 1900s. Also this American gold coin keeps the recognized phrase “In God We Trust”.
The Gold American Buffalo coin was introduced during 2006 as a tribute to the first Indian head coin minted in the year 1913. It follows the same theme originated by sculptor James Earle Fraser. The Gold American Buffalo is minted in the United States of America and was created in order to compete with world gold bullion coins since other countries were providing better quality bullion. Investors were skeptical about the 91.67% gold used in the Gold American Eagle, many were choosing the Gold Canadian Maple Leaf, South African Krugerrand, Gold Chinese Panda or Gold Austrian Philharmonic to meet their bullion needs.
The value for the Gold American Buffalo coin is high in the gold market due to it purity of .9999 and should not be confused with the Gold American Eagle. To overcome debt issues any country depends on its gold holdings to leverage it debt. During financial crisis, precious metals are of great value as it can be sold anywhere in the world. Investing in gold is gaining popularity all over the world as gold prices keep increasing steadily. Gold bullion coins are minted by different countries and the most popular are minted in the United States of America. Many investors across the globe buy gold coins for their purity, design and ease of trade. If you are looking to acquire gold in one of it’s purest forms then look no further than the Gold American Buffalo coin.
* Pictures are an indication only, price of bars are applicable for dates of our choice