The first-ever 24-karat gold coin from the United States Mint was the American Gold Buffalo. Based upon the historic Buffalo Nickel design and unveiled in 2006, the American Gold Buffalo coin has a limited maximum mintage each year and was, for a time, the only 24-karat gold coin available to the public from the US Mint. Right now, the 2017 1 oz American Gold Buffalo Coin is available from JM Bullion.
- Arrives in an individual plastic flip, mint tube of 20, or Monster Box of 500 coins.
- 11th release of the American Gold Buffalo!
- Contains 1 Troy oz of .9999 pure gold in BU condition.
- Bears a face value of $50 (USD) backed by the federal government.
- Obverse features the portrait of a Native American leader.
- Reverse includes the depiction of Black Diamond.
American Gold Buffalo coins debuted in 2006 as the first-ever release of 24-karat gold coins from the United States Mint. The coins were initially available in bullion and proof versions, with talk of expanding the lineup to include fractional weight coins. Only the proof program has since had reliable production of fractional weight coins however.
Each 2017 1 oz American Gold Buffalo Coin in this product listing is in BU condition. Coins in BU condition exhibit no signs of wear and tear, though you may notice minor flaws such as breaks in the luster, spotted surfaces, or contact marks.
On the obverse of the American Gold Buffalo coin is the left-profile portrait of a Native American chieftain. The image does not represent a singular individual, but rather, was designed by James Earle Fraser using a combination of facial features from numerous early 20th century Native Americans.
The reverse of each 2017 1 oz American Gold Buffalo coin includes the depiction of Black Diamond. This bison was a resident of the Central Park Zoo in New York City in the early 20th century, and served as inspiration for Fraser’s design.
Both designs on the American Gold Buffalo were created in 1913 by James Earle Fraser for the nation’s five-cent piece, which became known as the Buffalo Nickel. Fraser, a native of Winona, Minnesota, grew up in the American Midwest and Plains and used his early childhood experiences as influence for his design of the Buffalo Nickel.
If you have any questions about the 2017 American Gold Buffalo, please don’t hesitate to ask. JM Bullion associates are available on the phone at 800-276-6508, online using our live web chat, and via our email address.