American Gold Buffalo 1 oz 2020
Traditional Production – Brand New Coin
This regular issue non-proof production American Gold Buffalo 1 oz 2020 is notable because it offers a popular choice at a small premium. The US Mint began producing this pure 1 oz gold bullion coin in 2006 and has continued yearly production ever since. This series is also the first pure (24-karat) gold coin to be authorized by the US Mint in its long history.
The front American Gold Buffalo 1 oz 2020 features a rendition of the 20th Century James Earle Fraser composite Native American Indian first seen on the familiar Indian head or Buffalo nickle struck between 1913 and 1938. The word LIBERTY and the coin’s date are prominent and the “F” under the date is the designer’s initial.
The reverse features a buffalo whose origin dates back to an actual buffalo named Black Diamond at the New York Zoo. The reverse also features the usual UNITED STATES OF AMERICA – E PURBUS UNIUM – IN GOD WE TRUST – the largely symbolic $50 face value and the coin’s weight and purity – 1 OZ .9999 FINE GOLD.
A popular bullion coin for many reasons: (1) The American Gold Buffalo appeals to a worldwide audience because its weight and purity is guaranteed by the United States. (2) The coin is a popular Individual Retirement Account choice. (3) The American Gold Buffalo 1 oz 2020 is easy to buy and sell because dealers post daily buy and sell prices. (4) Being the first pure gold coin ever struck by the US Mint – which adds to its importance and historic value.
The Gold Buffalo is not dealer reportable on Federal Form 1099B when the public either buys or sells.
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