American Gold Buffalo 1 oz Coin.
The creation of the American Gold Buffalo could be seen as a reaction to the popularity of other
1 Troy ounce coins struck of solid gold. The American Gold Buffalo coin was authorized in 2005
by the Presidential Coin Act, and is to always be struck from .9999 pure gold mined and produced
in the United States of America. While the coin and it’s artwork are stunning, this legal tender
bullion coin has not reached the popularity or production of some of it’s other competitors.
Some who look with a keen eye toward the future like the fact that American Gold Buffalo is
rarer than other coins produced for the same market, as rarity and gold coins have done
well together throughout history.
Interesting Notes About The Artwork On The American Gold Buffalo
The front, or obverse side of the coin prominently features the profile of a Native American
Indian Chief sculpted by James Earl Fraser. It is said that this profile is an amalgamation of three
different Indian Chiefs that Fraser drew in preparation for the minting of these coins. His work
became extremely popular on the “Indian Head Nickel”, and was then later chosen to grace this new coin.
Fraser also designed the image for the back of the coin, and it is this depiction of a
buffalo that the coin takes it’s name from. The story goes that Fraser visited the New York
Central Park Zoo to study and draw Bison during research for potential coin designs.
If the image of the buffalo seems somewhat familiar to you, that is because you have
seen it on what was also known as the “Buffalo Nickel” which began production in 1913 and
has been a favorite of coin collectors and numismatists alike.
The Artists Of The US Gold Buffalo Coin
Even though the American Gold Buffalo is very new by coinage standards, the artwork is not
and is in fact steeped in American gold coin history. James Earl Fraser was a student of Augustus
Saint-Gaudens, and Augustus designed what is perhaps the most recognizable and beautiful
American gold coin ever produced, which is known by his name, the Saint-Gaudens $20 piece.
This strike has been popular for those placing gold in an IRA, as well as those looking for monetary
stability. Adding and Indian Chief and a powerful Buffalo to your portfolio can be done in one swift
action with the purchase of one or more of these truly great American gold pieces.