The American Gold Buffalo
The American Gold Buffalo´s first edition was minted in June 2006, and is produced by the United States Mint. The Gold Buffalo gained its name as a result of the great American bison shown on the coin´s reverse side.
In contrast to the American Gold Eagle, the Buffalo is a 24 karat gold coin with a purity of 99.99% (.9999). The 2006 and 2007 coins have only been issued in a one-ounce version, but in 2008 three additional troy weights –1/10, ¼, and ½ ounces – were released.
A collector’s edition is produced alongside the regular bullion coin; the collector’s edition bears a mint mark (W) representing the West Point Mint, one of the US Mint´s subsidiaries.
Each coin is official legal tender in the United States.
The American Gold Buffalo´s design corresponds with a modified version of James Earl Fraser´s design for the Indian Head Nickel, which appeared in 1913. The American Gold Buffalo depicts the profile of a Native American, which has been adopted from the Head Nickel.
According to Fraser´s own statement he created a mixture of the features of three chiefs from different American Indian tribes. The first is Indian chief Iron Tail from the Oglala Sioux who fought at the Little Big Horn in 1876 against troops commanded by General Custer. The others are Big Tree from the combative Kiowa tribe and Two Moons from the Cheyenne.
Above the Indian profile the word LIBERTY is displayed on the right half of the coin. On the left the coin shows the respective year of issue. In memory of the coin designer James Earl Fraser, the capital letter F is shown underneath. With the collector’s coin, the capital letter W is displayed on the left side above the year of issue.
A mint mark is characterised by the W representing the West Point Mint.
The coins reverse side shows the profile of a bison, or buffalo to use the American name.
A number of people believe the animal to be the bison named Black Diamond, who lived in New York´s Central Park Zoo during the 1910s.
At the coin´s top the words "United States of America" are displayed in arc-shape. The Latin script "E Pluribus Unum" (translated: "Out of many, one") is shown underneath.
.
At the coin´s bottom the nominal value of the respective troy weight is indicated.
Additional information about the purity, the troy weight as well as the words "FINE GOLD" are displayed in arc-shape.
The left side shows underneath the bison´s head the words "IN GOD WE TRUST", which has appeared on all American gold coins since 1908.
The nominal values of the 1/10, ¼, ½ and ounce coins are 5, 10, 25 and 50 US dollars.
The coins´ pure gold content is 3.110 grams, 7.775 grams, 15.552 grams, as well as 31.103 grams respectively.
The nominal or face values of the gold coins only have symbolic character. The real value of each troy weight is much higher and depends on gold´s spot price.
Click Here To See Our Extensive Selection Of Certified Gold & Silver Coins
In contrast to the American Gold Eagle, the Buffalo is a 24 karat gold coin with a purity of 99.99% (.9999). The 2006 and 2007 coins have only been issued in a one-ounce version, but in 2008 three additional troy weights –1/10, ¼, and ½ ounces – were released.
A collector’s edition is produced alongside the regular bullion coin; the collector’s edition bears a mint mark (W) representing the West Point Mint, one of the US Mint´s subsidiaries.
Each coin is official legal tender in the United States.
According to Fraser´s own statement he created a mixture of the features of three chiefs from different American Indian tribes. The first is Indian chief Iron Tail from the Oglala Sioux who fought at the Little Big Horn in 1876 against troops commanded by General Custer. The others are Big Tree from the combative Kiowa tribe and Two Moons from the Cheyenne.
Above the Indian profile the word LIBERTY is displayed on the right half of the coin. On the left the coin shows the respective year of issue. In memory of the coin designer James Earl Fraser, the capital letter F is shown underneath. With the collector’s coin, the capital letter W is displayed on the left side above the year of issue.
A mint mark is characterised by the W representing the West Point Mint.
A number of people believe the animal to be the bison named Black Diamond, who lived in New York´s Central Park Zoo during the 1910s.
At the coin´s top the words "United States of America" are displayed in arc-shape. The Latin script "E Pluribus Unum" (translated: "Out of many, one") is shown underneath.
.
At the coin´s bottom the nominal value of the respective troy weight is indicated.
Additional information about the purity, the troy weight as well as the words "FINE GOLD" are displayed in arc-shape.
The left side shows underneath the bison´s head the words "IN GOD WE TRUST", which has appeared on all American gold coins since 1908.
The coins´ pure gold content is 3.110 grams, 7.775 grams, 15.552 grams, as well as 31.103 grams respectively.
The nominal or face values of the gold coins only have symbolic character. The real value of each troy weight is much higher and depends on gold´s spot price.
Click Here To See Our Extensive Selection Of Certified Gold & Silver Coins
No comments:
Post a Comment