1 oz American Buffalo

The 1 oz American Buffalo Gold Coin, also known simply as the Buffalo, is a popular gold bullion coin introduced by the United States Mint in 2006. This coin is part of the American Buffalo series and features iconic American imagery, making it a favorite among collectors and investors.

Why is the Coin Famous?

The 1 oz American Buffalo Gold Coin is notable for being the first 24-karat gold coin produced by the United States Mint. Its design, inspired by the classic Buffalo Nickel, features a profile of a Native American on the obverse and an American bison on the reverse. The coin's high gold content and historical design have contributed to its popularity among investors seeking pure gold bullion and collectors who appreciate its aesthetic and cultural significance.

Who Designed the Coin and Why?

The design of the 1 oz American Buffalo Gold Coin is based on the original artwork created by James Earle Fraser for the Buffalo Nickel, which was minted from 1913 to 1938. Fraser's design was chosen for its representation of America's heritage and natural beauty. The obverse side features a composite portrait of three Native American chiefs, while the reverse side depicts a majestic American bison, symbolizing the nation's wildlife and frontier history.

Coin Specifications and Symbolism

• Weight: 1 troy ounce (31.1035 grams)
• Gold Content: 99.99% pure gold (24-karat)
• Diameter: 32.7 mm
• Thickness: 2.95 mm
• Edge: Reeded

The coin's high purity and classic design make it a symbol of American craftsmanship and natural heritage. The Native American profile and bison imagery reflect the nation's history and commitment to preserving its cultural icons.

1 oz American Buffalo Coin Value

The value of the 1 oz American Buffalo Gold Coin is primarily based on its gold content, which is one troy ounce of 24-karat gold. As such, its intrinsic value fluctuates with the current market price of gold. However, some mintage years may carry additional numismatic value due to lower mintages or increased demand.

For example, coins from the initial release year of 2006 are often sought after by collectors and can carry a premium over the melt value. Additionally, coins in exceptional condition, such as those graded MS70, can also fetch higher prices in the market.

The 1 oz American Buffalo Gold Coin is a significant piece of American numismatics, celebrated for its pure gold content and iconic design. It remains a strong choice for both investors looking for a secure asset and collectors who appreciate its historical and cultural significance.

1 oz American Buffalo Gold Coin Auctions