In June 2006, the United States Mint began making America’s first 24-karat, pure gold (.9999% fineness), 1 oz. coin, the American Buffalo. This beautiful coin is based upon American sculptor James Earle Fraser’s much-loved 1913 Buffalo Nickel.
The American Buffalo features Fraser’s classic Native American on the coin’s obverse (front) and an American bison on the reverse.
The Native American depiction on the coin’s obverse is thought to be a compilation of three men. Before his death, Fraser named two of the men as Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne. The third person has not been definitively identified.
Experts believe that the bison on the coin’s reverse was modeled after Black Diamond, a popular attraction at New York’s Zoological Gardens.
American Buffalo gold bullion coins are among the world’s purest gold coins. Each contains its full, stated weight in pure gold. The coins are struck at the United States Mint at West Point, New York, but they lack a mint mark.
Gold bullion coins from the United States Mint are the only official gold bullion coins whose weight, content and purity are guaranteed by the United States Government, making them investors’ top choice worldwide.
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