The American Gold Buffalo was first released in 2006 by the U.S Mint. The obverse design features a Native American that was taken from James Earl Fraser's original Buffalo Nickel design back in 1916. The reverse of the Gold Buffalo features Black Diamond. Black Diamond was a famous buffalo that lived in the Central Park Zoo in New York.
The American Gold Buffalo typically is one troy ounce of gold and carries a $50 denomination. However, in 2008 the U.S Mint made a four coin fractional Gold Buffalo Set for the first and only time ever. The four coin set consisted of a tenth ounce, quarter ounce, half ounce, and full ounce. Additionally, two different fractional Gold Buffalo sets were made in 2008 which included a proof and burnished version. The 2008 Burnished Gold Buffalo set was significant because of its low mintage and because it was the only Burnished Gold Buffalo set ever made. Furthermore, in addition to the two finishes for the four coin fractional sets, the U.S. Mint also released a one ounce Gold Buffalo in Mint State condition in 2008. Thereafter, a Reverse Proof Gold Buffalo was released in 2013 which was a fan favorite.
Why Buy a Gold Buffalo?
The Gold Buffalo is a collector favorite because of its sheer beauty and because it is .9999 fine gold. The Gold Buffalo is one of the few coins that the U.S. Mint Strikes in .9999 fine gold in comparison with the typical .999 fine gold. Moreover, collectors love the ability to collect the different types of Gold Buffaloes such as the proof, reverse proof, burnished, and mint state versions.