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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 value determined by Augusta based on factors other than, and in addition to, the value of the precious metal the coin contains. Pricing factors relevant to the premium value assessed by Augusta may include, but are not limited to, speculative interest, collector and investor demand, available supply, industry promotions, perceived value, economic conditions, and other factors we deem relevant in our sole discretion. 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. For up-to-date market pricing and availability, please contact us directly.
Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Premium coins are sold for more than the spot price of the precious metal they contain. Augusta's sale prices and buy-back prices are determined and controlled by Augusta. The value assigned to the coins you purchase at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value the coins at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase coins purchased through Augusta. Augusta cannot guarantee another retailer will value a premium coin at the same rate as Augusta would in any given circumstance. In a worst case scenario, you might have to sell your precious metals at “melt value,” which is the value of the products determined solely by their intrinsic metal content, which could result in a significant loss. This purchase is speculative. Any opinions offered by Augusta are Augusta's opinions and not to be relied on by anyone for any purpose. Seek your own legal, tax, investment, and financial advice before opening an account with Augusta. Augusta’s content may contain errors, Augusta is not qualified to offer legal, tax, investment, or financial advice. You should not base any purchasing decisions on the content Augusta provides. All decisions regarding the purchase or sale of precious metals, including the decision of which precious metals to purchase or sell, are your decisions alone. Precious metals investment involves risk and is not suitable for all investors. You should carefully consider your investment objectives, level of experience and risk appetite before making a decision to purchase Augusta products.
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