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Overview
In June 2006, the United States Mint began making America’s first 24-karat, pure gold (0.9999%), 1 oz. coin, the proof gold Buffalo.
Design
This beautiful coin is based upon American sculptor James Earle Fraser’s much-loved 1913 Buffalo Nickel. The 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.
Minting
Proof Buffalo gold bullion coins are among the world’s purest gold coins. Each contains its full, stated weight in pure gold. By law, the gold used must come from newly mined sources in United States territory. The coins are struck at the United States Mint at West Point, New York, but they lack a mint mark.
Quality Guarantee
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.
Valuation
This is a premium coin, meaning the coin’s price includes a premium above the melt value of the precious metal it contains, which includes Augusta’s margin. This premium is solely determined and controlled by Augusta, based on factors Augusta deems valuable in determining and controlling such premium. Other retailers may not recognize the premium value that Augusta recognizes for this premium coin and may only be willing to pay as little as the melt value for this coin (the value of the precious metal that the coin contains). If you sell this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale, then such sale may result in significant losses. Augusta cannot guarantee that it will buyback any item it sells and cannot guarantee another retailer will purchase this premium coin.
Investment in precious metals involves risk and is not suitable for all investors. Augusta Precious Metals recommends that you consult your own financial or investment advisors prior to investing in precious metals. Augusta is not qualified and does not offer financial, investment, legal, or tax advice. This site and the information provided by Augusta throughout its sales process is general in nature and is not tailored to any specific person, their circumstances, or their financial goals.
Opinions offered by Augusta Precious Metals are its own. Additionally, while Augusta attempts to provide factually accurate information, information presented by Augusta may turn out to be inaccurate or incomplete. You should conduct your own independent verification of any facts or opinions presented prior to making any investment.
All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.
* Past customers received silver coins as a thank-you for reviews. Mark Levin and Joe Montana are paid ambassadors for Augusta.
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