American Buffalo Gold Bullion Coin

American Buffalo
Fineness: .9999 Actual Gold Content: 1.0 troy ounce (31.103 grams)
Face value: $50 (also minted in 1/2, 1/4, 1/10 ounce sizes)
Note: 2006 mintage was one-ounce only

First offered for sale by the United States Mint on June 22, 2006, the American Buffalo gold bullion coins are struck by the United States Mint's facility at West Point and have the distinction of being the first pure gold (.9999 fine, 24-karat gold) coins ever struck by the U.S. Mint for public sale as an investment product. Production of these coins was authorized by the Presidential $1 Coin Act and provides for gold bullion to be minted in the form of $50 legal tender coins, conveying that the content and purity is guaranteed by the United States Government.

These gold bullion coins portray the images of the revered Buffalo Nickel of 1913, Type 1. The iconic James Earle Fraser image of an American bison graces the reverse (tails side), and Fraser's classic design of an American Indian is featured on the obverse (heads side). The American Buffalo Gold Coin has inscriptions of the coin's weight, denomination and gold content incused on the reverse (Buffalo side) in the design area commonly known as the "grassy mound.

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