1 oz. Gold American Buffalo

Posted on :Feb 17, 2015

Buffalo_50_Reverse

Technical Specifications

 Value   $1,510 (Proof), 4–5% above spot (Bullion) U.S. dollars
 Mass  31.108 g (1.0001 troy oz)
 Diameter  32.7 mm (1.287 in)
 Thickness  2.95 mm (0.116 in)
 Composition  99.99% (24K) Gold

 

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The American Buffalo is a 24-karat bullion coin first issued for sale by the United States Mint in July 2006. Also known as the gold buffalo, the 1 oz. Gold American Buffalo is a pure gold bullion coin that is minted each year by the West Point mint but does not carry its imprint. As a premier gold dealer in the United States, Gold Goliath offers the 1 oz. Gold American Buffalo coins as these are sought after by investors and collectors alike. These popular gold bullion coins are easily traded and highly prized by their owners.

The 1 oz. Gold American Buffalo is produced in two broad types. The first being the 1 oz uncirculated bullion example bought and sold for a small premium above its gold content. The second is a 1 oz specially minted proof coin manufactured for collector markets.

The designs of the obverse and reverse of the coin were inspired from James Earle Fraser's design. The obverse of the coin has a depiction of an American Indian Head and the reverse incorporates a depiction of an American Bison; the face designs were a modified form of the Indian Head nickel. The design was created by in 1913.

Several factors increase the popularity of the 1 oz. Gold American Buffalo among investors and collectors:

• 1 oz. Gold American Buffalo coins appeal to global investors due to the guarantee provided by the United States Mint pertaining to its weight and purity.
• These can be easily be purchased and sold in world markets.
• The 1 oz. Gold American Buffalo is available for a precious metals IRA (Individual Retirement Account)
• This coin is highly liquid and easily convertible

The US Mint transports 1 oz. Gold American Buffalo bullion coins to distributors in safe and secure packaging. It is shipped in plastic protective sheets of 12 inches by 16 inches dimension and containing 20 gold coins. The sovereign Mint delivers larger orders in hard cardboard boxes including 25 sheets of 20 coins for a total of 500.

The standard packaging is provided by the US Mint but some distributors offer the gold coins by repackaging them in hard plastic tubes.

 

Call us at 1-800-577-3195 ext. #1 Monday thru Friday 9:00am - 6:00pm CST.  to place your order.

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