The American Gold Buffalo is one of the newest annual bullion products from the United States Mint. Introduced in 2006 as the first .9999 pure 24-karat gold coins from the US Mint, the program followed many of the tenets of American coin design in the modern era. The US Mint revived a classic design from the early 20th century for use on this bullion product. Right now, Gold Club Direct offers random year Gold Buffalo Coins for purchase by investors and collectors.
American Gold Buffalo coins were created by the United States Mint as a means of competing with bullion coins from other sovereign mints struck in 24-karat gold. The official gold bullion coin of the United States, the American Gold Eagle, is popular around the globe, but is produced in 22-karat gold rather than 24-karat gold.
James Earle Fraser’s 1913 Indian Head Nickel design was chosen for the obverse and reverse face of the Gold Buffalo program. Fraser was a native of Winona, Minnesota, and grew up on the American frontier in the late 19th century. The images he chose for the nation’s new five-cent piece reflected his vision of the American West.
On the obverse face of each coin is the left-profile image of a Native American chieftain, which was created by Fraser by combining the facial features of three real-world tribal leaders. An engraving of Liberty and the year of issue are featured on this side.
The reverse includes a depiction of Black Diamond, a resident bison at New York City’s Central Park Zoo in the early 20th century. The massive creature dominates the obverse face, with engravings of “United States of America”, “E Pluribus Unum”, “In God We Trust”, and the coin’s weight, purity, metal content, and face value surrounding it.