Introduced in 2005 under the Presidential $1 Coin Act, American 1 oz Gold Buffalo Coins are the US Mint’s first pure gold (.9999 fine) gold bullion coin official to the USA. Struck at the Mint’s West Point, NY facility, these American gold buffalo coins are usually comprised of gold mined within the USA.
The American 1 oz Gold Buffalo Coin design is based on one of America’s most popular circulation coins, the “Indian Head” or “Buffalo Nickel” that was introduced in 1913. The original Tign was executed by the noted sculptor James Earle Fraser, who was a student of Augustus Saint-Gaudens, the designer of the coin that inspired the modern USA official 22k American Eagle gold coin.
On the obverse surface of the American 1 oz Gold Buffalo Coin is the portrait of a proud Native American male, paying homage to America’s first inhabitants and their rich history. A gold bison appears on the reverse surface of this American 1 oz Gold Buffalo Coin honoring the fauna and landscape of the great American West and the pioneering spirit that conquered it. Amidst these heroic emblems are inscriptions for guaranteed gold weight, face value and year of mintage for these popular gold coins.
The troy ounce weight, gold content, and gold purity of the American 1 oz Gold Buffalo Coin are guaranteed by the Government of the United States of America.