2022 1 oz American Gold Buffalo Coin BU
$2,800.00 $1,985.82
Product Specifications
- Product ID: BB17291
- Year: 2022
- Grade: Brilliant Unc
- Grade Service: None
- Denomination: 50 Dollars
- Mint Mark: W – West Point (Not Shown)
- Metal Content: 1 troy oz
- Purity: .9999
- Thickness: 2.95 mm
- Diameter: 32.7 mm
- Outer Pack: 360
Description
The American Buffalo Coin is a 24-karat gold bullion coin produced by the United States Mint. It was first struck in 2006 and available to the public in June of that year. The coin has similar designs to the Indian Head Nickel (also known as the Buffalo Nickel). The moniker “Buffalo” comes from the American Bison engraved on the reverse design. This was the first coin the United States Mint produced with a gold content of .9999 (24 karats).
Coin Highlights:
- 17th issue of the American Gold Buffalo coin;
- Bears a face value of $50, backed by the US Federal Government;
- Contains 1 Troy oz of .9999 fine gold content in BU (Brilliant Uncirculated) condition;
- Obverse depicts a profile bust of a Native American Chief, revamped from the Indian Head circulating coins;
- Reverse shows an American Bison, hence the coin’s nickname “Gold Buffalo”.
Design
The designs on both verses of this coin are modified versions of sculptor James Earle Fraser original designs for the Indian Head Nickel, first issued in early 1913. The obverse depicts the head of a Native American Chief wearing traditional hair decorations. According to the artist, the final design is a mixture of features from different Native American tribes, the Big Tree, the Iron Tail and the Two Moons. The inscription “LIBERTY” appears on the outer rim, right in front of the figure’s forehead. The mint year is marked on the Native Americans shoulder, with the designer’s initial “F” right below.
The reverse shows an American Bison standing on a mound of dirt. Above the Buffalo’s lower back is the motto “E PLURIBUS UNUM”. Beneath the animal’s head is the other motto, “IN GOD WE TRUST”, as seen in all American coinage since 1908. Arching on top is the country’s name, “UNITED STATES OF AMERICA”. On the lower side is the face value of “$50” and the precious metal content “1 OZ. .9999 FINE GOLD”.
Mintage
All American Gold Buffalo coins are produced in the West Point branch of the US Mint. They contain 1 troy ounce of .9999 pure gold in BU condition. The coin has a diameter of 32.7 mm (1.287 in) and a thickness of 2.95 mm (0.116 in) with reeded edges.
The United States Mint introduced this coin into the market in 2006 as a competitor to other 24k gold bullion coins. Because the American Gold Eagle coins are produced with 22-karat gold (.9167 fineness), the Gold Buffalos came as an alternative for those looking for a gold coin with a purer alloy.
This coin bears a face value of $50 and enjoys legal tender status within the United States of America.
Precious Metal IRA
For products to qualify for a Precious Metals IRA, they must meet minimum fineness requirements that are set by the IRS. These 1 oz American Gold Buffalo coins are eligible for Precious Metal IRAs because they meet the .999 fineness requirement.
10 reviews for 2022 1 oz American Gold Buffalo Coin BU
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Michael K –
very nice condition and good price
Anastasia L J –
Bright Bullion is very honest and competitive with their prices. I have been doing business with them for two years and will continue to make purchases. Very reliable shipping and great customer service.”
Morgan Wills –
Lowest price. Fairly fast shipping. Discrete box (smart)
Eric Richard –
I would highly recomend this coin from Bright Bullion to anyone looking for quality coins and bullion . Bright Bullion has always been on the up and up with me and I’ll continue to do business with them for as long as they are in business . Eric”
Sarah D –
I love the coins and Bright Bullion has the best price.
Samuel Russell –
Seems to take longer than it should to receive. Probably because of the check and Fed-Ex two day delivery(more like four to five days). Next time trying the free shipping, No issues with the price or the quality of the coins.
Jasmine Maya –
Poor payment system making payment to this company is a pain in the ass had to mail a check to their cashier before my order was delivered won’t be going through this stress fix your payment system.
Edgar M –
Great bullion company and a pleasure to buy from. Found the best price here and delivery was fast thanks BB.
Sybil Henderson –
Every other services here is perfect good price good customer support but making payment for your order is full of hassle needs to work on your payment system anyway thanks for the coins I love em
Rigobel Todd –
Love the detail on these coins! #endthefed and the price I got here had no competition you guys have boost my investment on Metals wish I found you earlier