Why purchase this $50 American 2019 1 oz Gold Buffalo?
The American Gold Buffalo brings together the designs of a classic American coin, the dependability of bullion backed by the US Mint, and a standard of purity that is virtually unparalleled. The series dates back to 2006, when the United States wanted a second gold bullion series to compete with other global issues on purity, as Gold Eagles are only .9167 fine. The gold Buffalo matches the highest standards set by world mints with .9999 fineness. It is struck at the West Point Mint, not far from the United States Military Academy.
Classic Buffalo Nickel Designs by James Earle Fraser
Both faces of this coin were adapted from James Earle Fraser's Indian Head nickel, which was issued from 1913-1938. On the obverse is Fraser's composite portrait of an elderly Native American man. He has distinct facial features and bears a stern countenance. He has feathers tied up at the back of his head, and his long hair is tied down over his shoulder. "LIBERTY" is inscribed along the rim in front of his face, and the date, "2019," and an "F" for Fraser are provided on his shoulder.
On the reverse is Fraser's American bison design, about which there is some controversy. Fraser said that he modeled it after Black Diamond but said that he did his sketching at the Bronx Zoo, which is not where Black Diamond lived. The massive size of the animal, which is native to the American plains, is captured in Fraser's full use of this face of the coin. Inscriptions on this face include but are not limited to the coin's face value, "$50," and its weight and purity, "1 OZ. .9999 FINE GOLD."
Flawless MS70 FDI with Black Core Holder
Numismatic Guaranty Corporation (NGC) set this coin in a black core holder, which many collectors prefer to the traditional white. The grading company also awarded the coin their highest grade, Mint State 70. Only coins that are perfect as seen under 5x magnification receive that grade. The coin also received First Day of Issue certification, a designation that only applies to coins that were submitted through an exclusive process.
Add this 1 oz Gold 2019 $50 American Buffalo to your collection today.
|Year of Issue:||2019|
|Release Type:||First Day of Issue|
|Holder:||Black Core Holder|
|Display Weight:||1 oz|
|Weight in Grams:||31.1035 g|
|Weight in Ounces:||1 oz|
|Legal Tender:||United States|
|Obverse Design:||Native American Head (modified Indian Head Nickel design)|
|Reverse Design:||American Bison (modified Indian Head Nickel design)|
The legacy of some of America’s best-known coins, including the Five Cent Indian Head (better known as the Buffalo Nickel) and the series that is based on it, the American Gold Buffalo, remain shrouded in mystery.