Golf Coin - Information

The American Gold Buffalo was authorized under Public Law 109-145 dated December 22, 2005. The Gold Buffalo coin is the first United States gold bullion coin minted in .9999 fine (24 karat) gold. By comparison, the American Gold Eagle is minted in 22 karat gold. The coins were first issued in 2006 in both uncirculated and proof versions.

The design for the Gold Buffalo coin is taken from the Indian Head or Buffalo Nickel issued from 1913 to 1938. It was designed by James Earle Fraser, once a student of Augustus Saint Gaudens. The obverse depicts a Native American. The obverse inscriptions include "Liberty", the date, and mint mark. The reverse depicts a Buffalo on a raised mound. The reverse inscriptions include "United States of America", "E Pluribus Unum", "In God We Trust", ".9999 Fine Gold", the denomination, and gold content.

American Gold Buffalo coins have been issued as gold bullion coins sold through the US Mint's network of authorized bullion purchasers. Only one ounce bullion coins have been offered. Since 2006, the US Mint has offered collectible proof versions of the coin. In 2006 and 2007, only one ounce proof coins were issued.

For 2008 only, fractional denominations were announced. This included a one-half ounce coin with $25 face value, one-quarter ounce coin with $10 face value, and one-tenth ounce coin with $5 face value. These coins were offered both individually and as part of a four coin set containing one of each denomination. The fractional denominations were offered in both proof versions, and collectible uncirculated versoins bearing the "W" mint mark. After only one year of offering, the fractional versions of the Gold Buffalo Coins were discontinued.

Coin Specifications

Dates: 2006-present
Mint: West Point
Weight: varies based on denomination
Composition: 99.99% gold
Diameter: varies based on denomination
Thickness: varies based on denomination

More Gold information at www.easygoldinvestment.com