The American Gold Buffalo is one of the newest annual products from the United States Mint. Introduced in 2006 as the first .9999 pure 24-karat gold coins from the US Mint, the program followed many of the tenets of American coin design in the modern era.
- Contains 1 oz of .9999 pure gold.
- Bears a face value of $50 (USD) backed by the federal government.
- Protect your new investment with a 32mm Air-Tite Coin Holder.
- Based upon the original Indian Head (or Buffalo) Nickel design.
- Images created by James Earle Fraser.
American Gold Buffalo coins were created by the United States Mint as a means of competing with coins from other sovereign mints struck in 24-karat gold. The official gold coin of the United States, the American Gold Eagle, is popular around the globe, but is produced in 22-karat gold rather than 24-karat gold.
James Earle Frasers 1913 Indian Head Nickel design was chosen for the obverse and reverse face of the Gold Buffalo program. Fraser was a native of Winona, Minnesota, and grew up on the American frontier in the late 19th century. The images he chose for the nations new five-cent piece reflected his vision of the American West.
On the obverse face of each coin is the left-profile image of a Native American chieftain, which was created by Fraser by combining the facial features of three real-world tribal leaders. An engraving of Liberty and the year of issue are featured on this side.
The reverse includes a depiction of Black Diamond, a resident bison at New York Citys Central Park Zoo in the early 20th century. The massive creature dominates the obverse face, with engravings of United States of America, E Pluribus Unum, In God We Trust, and the coins weight, purity, metal content, and face value surrounding it.