2016 $50 Gold Buffalo Coin

The 2016 $50 Gold Buffalo coin had a total mintage of over 219,000 coins struck at the Philadelphia Mint. This was another high mintage coin compared to many in the series. The Philadelphia Mint was known for its excellent craftsmanship and this coin benefited from the skills that came out of the mint. It’s possible to find the 2016 1 oz American Gold Buffalo in perfect Mint State condition. This is a regular strike, uncirculated coin that is sold to Mint Authorized Purchasers rather than directly to the public. 

 

History of the 2016 1 oz Gold Buffalo Coin

The 2016 1 oz Gold Buffalo coin is worth the effort to cherrypick for one that is well-struck with attractive surfaces. As was common with uncirculated coins from the Philadelphia Mint, it did not have a mint mark. The obverse of the coin features an image of a Native American Chief that was composed from the sketch of three different chiefs at the time. James Earle Fraser created the beloved design for this coin which was a modification of the Indian Head Nickel (Type 1). The reverse features a fully grown bison standing on a mound.

 

2016 $50 Buffalo Gold Coin Value

The 2016 $50 Gold Buffalo coin value reaches upwards of around $2,500 for the highest Mint State grades of the coin. It’s possible to find it at lower prices in lower grades, and is relatively easy to locate in higher grades, typically between MS68 and MS69. The 2016 $50 American Gold Buffalo would make a valuable addition to any Gold Buffalo coin series collection. 

 

Type of coin: .9999 Fine Gold

Year: 2016 $50 Gold Buffalo Coin

$50 Gold Buffalo Coin Mint Mark: Philadelphia

Total mintage: 219,500

Metal content: 99.99% Gold

Face value: Fifty Dollars

Weight: 31.11 grams

Edge: Reeded

Designer: James Earle Fraser

Diameter: 32.70 millimeters