Wednesday, October 28, 2009

American Buffalo Gold Coins

American Buffalo Gold Coins
They're back! The U.S. Mint will begin supplying gold Buffaloes after October 25th.

To meet the demand of investors who seek the purest investment gold possible, the US Mint supplies a 1-ounce .9999 fine (24 Karat) legal tender $50 gold bullion coin based on the classic 1913 'buffalo nickel' designed by the world famous sculptor James Earle Fraser. You can view the design for the coin’s obverse and reverse below at left. The obverse features the classic profile of a Native American. The reverse features a majestic buffalo.

The Design
The 1913-1938 Indian Head nickel, with the buffalo reverse, is an essential bit of American nostalgia and history. Designed by the American master sculptor James Earle Fraser, it is just one of many enduring images he created. So popular is the Fraser “Indian Head” nickel that, prior to its selection as the U.S. Mint’s purest gold bullion coin, it was released by the U.S. Mint as a $1 uncirculated and proof silver coin in 2001.



Three men — Chief Iron Tail, Chief Big Tree and Chief Two Moons — sat for Fraser as he designed the coin. The buffalo used by Fraser was a denizen of New York City’s Central Park Zoo.

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