American Gold Buffalo 1 oz
Dates – Our Choice – Brand New Coin
The regular issue non-proof production American Gold Buffalo 1 oz (Dates Our Choice – Investment Grade) is notable and popular because the premium over content is small. This series is the first pure (24-karat) gold coin to be authorized by the US Mint which began production in 2006 and has continued yearly production since.
The front of the American Gold Buffalo 1 oz coin features a rendition of the 20th Century James Earle Fraser composite Native American Indian first seen on the Buffalo nickle struck between 1913 and 1938. The word LIBERTY and the coin’s date are prominent. The letter “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 PLURBUS UNIUM – IN GOD WE TRUST – the 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 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 American Gold Buffalo 1 oz is not dealer reportable on Federal Form 1099B when the public either buys or sells.
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