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The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin. The design of this coin copies faithfully that of James Earle Fraser's "Buffalo Nickel" (issued from 1913 to 1938). This was the first time ever that the United States Government has minted pure (.9999) 24-karat gold coins for the public.
Both Mint State and Proof versions have been produced, as well as special collector sets of different denominations. Mint State American Gold Buffalo coins are distributed through a select group of dealers, who sell them to the secondary market. Proof American Gold Buffalo coins are available directly from the U.S. Mint at a premium over their bullion value.
The value of American Gold Buffalo coins are directly affected by the price of gold, which fluctuates daily. In addition, the supply of gold and the demand for American Gold Buffalo coins has resulted in disruptions in the Mint's ability to produce the coins.
Depicts the head of an Indian facing right, with the motto "LIBERTY" on the top right, the year of mintage on the bottom left, and below that the letter F for Fraser.
A bison standing on a raised mound. The motto E PLURIBUS UNUM above the buffalo's lower back and the device UNITED·STATES·OF·AMERICA along the top. Differences that can be noted between the nickel and the fifty dollar piece are, on the gold American Buffalo coin the mound area of the reverse of the Indian Head nickel bearing the words, FIVE CENTS, has been changed to read $50 1 OZ. .9999 FINE GOLD. Also, the motto, IN GOD WE TRUST, appearing on all U.S. gold coins since 1908, can be seen on the reverse of the newer coin to the left of, and beneath, the buffalo's head.