With a legal tender face value of $50, the American Buffalo adopted the iconic design of the Indian Head nickel which itself began production in 1913. The obverse of the gold coin depicts a classic American Indian profile design which its creator, James Earle Fraser, attributed to a combination of three famous American Indian chiefs: Big Tree of the Seneca nation, Iron Tail of the Lakota tribe and Two Moons of the Cheyenne tribe and the infamous Battle of Little Bighorn. The obverse also includes the word “Liberty” on the top right, the initial “R” to honor its creator Fraser and the “W” stamp to the left indicating production at the West Point Mint.
The reverse of this classic American gold coin depicts an American bison standing tall on top of a mound of dirt. The design is reportedly based on a bison named Black Diamond who lived in New York’s Central Park Zoo at the time of Fraser’s creation of the original Buffalo nickel. The reverse design is completed with the words “United States of America” and “E Pluribus Unum” (“Out of Many, One”) above the bison and “In God We Trust” just below its head, with the $50 face value and .9999 fineness markings dead center below.
The American Buffalo gold coin has achieved its purpose, competing favorably against foreign gold coin offerings that were more attractive to investors and numismatists due to their 99.99% gold content which is higher than the 91.67% gold content found in the American Gold Eagle. With an iconic American design and an elite level of gold purity that matches the finest foreign made gold coins, the American Buffalo is simply one of the finest offerings in the world for those looking to buy rare gold coins.
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