These 1 oz American Gold Buffalo Coins are available to individuals seeking a simple and tangible way to own 24-karat gold in the form of legal tender coins. The content and purity of American Gold Buffaloes are guaranteed by the U.S. government.
This 1 oz American Gold Buffalo coin does not come in a mint sheet. A random date will be chosen. No matter the date on the coin, or if it's in a sheet of plastic, it is always a one troy ounce US Minted $50 American Gold Buffalo Coin that can be easily recognized by gold coin dealers the world over.
The 1 oz American Gold Buffalo bullion coin was the first .9999 fine 24-karat gold bullion coin ever to be struck by the United States Mint. Showcasing the native beauty of the American West, production of 24-karat American Gold Buffalo coins was authorized by the Presidential $1 Coin Act, dated December 22, 2005. The American Gold Buffalo coin's obverse and reverse designs feature images by noted American sculptor James Earle Fraser.
The obverse design of the $50 American Gold Buffalo is a depiction of a Native American and was based off three different chiefs. Out of the three models, Fraser could only remember the names of two; Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne. Credit for being the third model often goes to Chief John Big Tree of the Seneca Nation. The reverse design is of a bison standing stoically in a field. The bison was modeled after Black Diamond, a historic attraction at the New York Zoological Gardens.