Any serious coin collector is sure to have a few staples in their collection. The American Buffalo One Ounce Gold Proof Coin is the collector version of the official United States Mint American Buffalo Gold Bullion Coin. One of the most popular bullion coins worldwide, buying gold buffalo coins is an excellent choice for the novice as well as the mature collector. Here’s a bit of history and factual information on why the currency is so popular.
The American Buffalo, also known as the Gold Buffalo Coin, was first introduced to the United States in 2006. This 24-karat gold bullion coin was an instant hit with collectors. For the first time ever, the US Mint created pure gold coins that the public was able to get their hands on.
Authorized by Congress in 2005, the American Buffalo Gold Bullion coins are amongst the world’s purest gold coins. Each coin contains its full, stated weight. Stuck at West Point, New York, these coins do not have a mint mark. However, the chosen designs of the coin seep deep into American traditions. The Native American portrait honors the country’s first inhabitants, while the American Buffalo touches upon the spirit of pioneering with the Nation’s westward expansion.
The obverse inscriptions include the year of mint as well as the word, “liberty.” Whereas the reverse inscriptions state:
- United States of America
- E Pluribus Unum
- In God We Trust
- 1 oz. .9999 Fine Gold
One unique feature to consider if you buy gold buffalo coins is that they are the only official investment-grade gold bullion coins. These coins are guaranteed in weight, content, and purity by the United States Government. Although you should always consult with your financial advisor, most investment firms consider these fine gold bullion coins to be an eligible contribution to Individual Retirement Accounts.
Furthermore, the level of liquidity makes these coins an asset that can easily be converted into cash. Whether buying or selling, the American Buffalo Gold Coin can be exchanged at most local precious metal dealers.
- Content: Gold, 1.0000 Troy Ounce
- Weight: 1.0001 Troy Ounce
- Diameter: 1.287 in.
- Thickness: 0.116 in.
- Designer: James Earle Fraser
For more information on how to buy gold buffalo coins, contact Ken at Boston Bullion. Available by appointment, Boston Bullion can assist you with all of your collection needs. Call today at 781.710.8419.