The 2014 American Buffalo Gold coin is a 24-karat 1 Troy Ounce bullion coin struck by the United States Mint. Extremely popular among both collectors and bullion buyers, the coin is based on the famous Indian Head nickel minted from 1913-1938. It has gained its nickname from the American Bison on the reverse side of the design. When this coin was first released in 2006 it marked the first time ever that the United States Government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender face value of US$50.
The obverse design features an American Indian, which is believed to be a composite of three different American Indian chiefs. Fraser identified two of the chiefs as Chief Two Moons (Cheyenne) and Chief Iron Tail (Lakota Sioux), while the identity of the third chief--believed to be either Chief John Big Tree (Onondaga tribe) or Chief John Two Guns, the son of White Calf--could not be recalled by Fraser.
The reverse features an American Buffalo (bison) standing on a raised mound. Popular opinion states that the bison was based on a model of Black Diamond, a beloved buffalo at the New York Zoological Gardens. Additionally, as was seen on some early buffalo nickels, the Buffalo Gold coin's fields are textured, not smooth, making the coin even more visually stunning.