American Buffalo (coin)

The American Buffalo is a 24 -carat gold coin investment ( 99.99% fineness ). The weight is 1 troy ounce ( 31.1035 grams). It is published by the United States Mint ( Mint of the United States ) since 22 June 2006, minted in West Point (New York). This is the first coined by the U.S. Mint fine gold coin. The nominal value is 50 U.S. dollars. The coin can be used as legal tender.

The design of the front and back leaning against a 5 cent coin from 1913 on ( Indian Head Nickel, Buffalo Nickel ). On the front of the portrait of an Indian is shown, although it is not clearly established who it is exactly. Have been the model at that time Chief Iron Tail ( Lakota Sioux ), Chief Two Moons (Cheyenne ) and Chief John Big Tree ( Seneca ). Verso is depicted a standing on a grassy knoll North American buffalo. It is said to have acted as "Black Diamond", a popular attraction at the Central Park Zoo in New York.

For collectors additionally execution "proof " is embossed. This higher quality version helps to distinguish the mint mark "W" for West Point.

In the year 2006 323.000 American Buffalo coins were minted and sold by the U.S. Mint. 2007, there were 167,500 pieces.

Because of the still young embossing period and the still low number of pieces, the coin in Germany is difficult to obtain. Banks and savings banks and coin dealers generally offer on this coin.

Since 2008, the American Buffalo in sizes of 1/10, ¼, ½ ounce, but only in the proof version.