American Buffalo
The U.S. Mint halted first-hand sales of the
American Buffalo Gold coin in Sept 2008 due to massive demand, owing to the
current state of the economy. Zukhruuf.com is one of the best resources for
American Buffalo gold coins, with an average of 300 private seller listings at
one time.
The American Buffalo, or Gold Buffalo -
an unusual pure 24-karat gold coin (bullion), with a face value of $50. It
became available in July 2006. The reverse of the coin shows the American Bison,
and follows design patterns from the original "Indian Head" nickel. Originally
the coin was priced at $800, and can now fetch over $1000 at auction, indicating
the value of investing in gold coins.
They have limited availability, with the maximum production of only
300,000.
 One Ounce Gold Buffalo Bison Bar 100 Mills 999 Gold US $9.99 |
 Us Gold Bu Buffalo Bar 1oz 500 Mills 24k Uscoin US $15.99 |
 South Africa 1997 Natura Water Buffalo Gem Proof 1 Oz Gold Coin US $2,029.00 |
 4 2006 $50 Gold Buffalo Ngc Pf70 Ultra Cameo US $8,250.00 |
 2010 $1 Dollar Gold American Buffalo Coin 999 24kt Rare Bullion US $6.99 |
 2010 $20 Dollar Gold American Buffalo Coin 999 24kt Rare US $6.99 |
 2006 2007 2008 2009 2010 $50 Gold Buffalo Gem Copy Set US $39.95 |
James Earle Fraser's Indian Head nickel design is thought to be one of the best coin designs out of all U.S. coins. The front of the coin shows a Native American, created from a mixture of the features from Indian chiefs of three different tribes. The rear of the coin depicts an American Bison (or buffalo).
Smaller sizes have also been produced by the U.S. Mint, including the 1/2 ounce gold buffalo coin. For 2008, 5 dollar, 10 dollar and twenty five dollar face value coins were minted with one tenth, one quarter or 1 half ounce.
According to the U.S. Mint website, the American Buffalo bullion coins are struck at the New York based west point mint. Only the proof version has a "w" stamped as a mint mark behind the indians neck. The bullion version does not possess the "w".
A little known fact:
The American Buffalo gold coin was made to compete with other 24-karat gold coins being imported from other countries. This is because collectors preferred foreign gold coins (like the Canadian Gold Maple Leaf) that contained over 8% more purity of gold than the American Gold Eagle (the foreign coins being nearly 100% purity). The U.S. government intend to cash in on further sales of the 24-karat coins worldwide, making up to sixty percent of the worlds gold market.
