The American Gold Buffalo coin is the first coin from the United States Mint ever struck in .9999 fine gold. The US Mint lowered its gold coin content to .900 in 1837, and it wasn’t until the introduction of the Gold Eagle in 1986 that gold content was increased to pre-1837 levels. Right now, you can purchase a 2014 American Gold Buffalo from JM Bullion with a perfect PR70 grade from the Professional Coin Grading Service.
Coin Highlights:
- There are 1,998 coins in this grade and condition!
- Contains 1 oz of .9999 pure gold.
- Issued a face value of $50 (USD) by the United States government.
- Graded PR70 by the Professional Coin Grading Service.
- Available with Deep-Cameo finish.
- Bears a “W” mint mark from the West Point Mint.
- Part of the First Strike Series from the United States Mint.
- Gold Foil Label identifies coin’s grade, face value, and year of minting.
- Ships in a protective plastic slab.
Each of these American Gold Buffalo coins is struck with .9999 fine gold and features a face value of $50. These coins have been given a PR70 grade from the PCGS, indicating that each is a perfectly struck coin with no blemishes, contact marks, or hairlines. Inside each package is the unique Gold Foil Label issued by the PCGS, identifying the coin’s weight, grade, face value, purity, and bears an individual serial number. The DCAM designation is reserved for proof coins with a strong, frosted finish and deeply mirrored, clear background field.
The American Gold Buffalo coin was first introduced in 2006. The American Gold Eagle has been the standard bearer among gold coins from the US Mint, but the Mint wanted a .9999 gold coin to compete with the Canadian Gold Maple Leaf and other sovereign gold coins with higher gold contents. This coin reintroduces the Indian Head nickel design created by James Earle Fraser, which debuted on the famous nickel in 1913.
On the obverse side of the coin is Fraser’s depiction of an American Indian chieftain. The right-profile portrait was designed using a combination of facial features from three real-life chieftains. The reverse bears a recreation of Black Diamond, a resident bison at New York City’s Central Park Zoo in the early 1900s. The coin has a “W” mint mark on the obverse side, identifying it as a product of the West Point Mint.
The United States Mint was founded in 1792, making it one of the oldest facilities in the Western Hemisphere. The US Mint is the only facility responsible for producing circulation currency, commemorative coins, and honorary medals for the federal government.
If you have any questions about the American Gold Buffalo, we invite you to contact us on the phone at 800-276-6508. You can also connect with us online through our website’s live chat or shoot us an email.