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The United States Gold Bureau is pleased to introduce
its new line of 24-karat gold coins.
American Buffalo Gold Bullion Coins are the first .9999 fine 24-karat gold coins ever struck by the United States Mint. The U.S. Gold Bureau is making these $50 gold coins available to members of the public seeking a simple and tangible means to own and invest in 24-karat gold in the form of legal tender coins, whose content and purity is guaranteed by the United States Government. Production of these highly anticipated coins is authorized by Public Law 109-145, dated December 22, 2005, also known as the Presidential $1 Coin Act.
History
The new American Buffalo Gold coin design features images originally prepared by noted American sculptor James Earle Fraser, once a student of Augustus Saint-Gaudens, for America's 5-cent coin (nickel). That popular coin, known as the Indian Head, or Buffalo nickel, was introduced in 1913 and showcases the native beauty of the American West.
Description
The Native American depiction on the coin's obverse is believed to be based on three different American Indians. Two of the American Indians who modeled for Fraser as he sculpted the coin were named by the designer before his death. They were known as Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne.
Although many have claimed to have had a sitting with Fraser for this design, he could not recall the name of the third person and satisfactory documentation has not been found to identify that individual. It is widely believed that the bison on the coins reverse was modeled after Black Diamond, a popular attraction at the New York Zoological Gardens. In the first year of the coin's issuance, 1913, there were two distinct varieties -- the first showing the bison on a mound and the second with the base redesigned to a thinner, straight line. American Buffalo Gold Coins bear the original Fraser Type I design.
Call our Precious Metals Hotline for up-to-the-minute pricing at 800-775-3504. Special arrangements can be made for orders of $50,000 or greater to buy at dealer's cost.
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United States Gold Bureau is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. Information on this web site is intended for educational purpose only and is not to be used as investment advice or a recommendation to buy sell or trade any asset that requires a licensed broker. As with all investments there is risk and the past performance of a particular asset class does not guarantee any future performance. The United States Gold Bureau, principals and representatives do not guarantee to clients that they will realize a profit or guarantee that losses may not be incurred as a result of following its coin collecting recommendations, or upon liquidation of coins bought from the U.S. Gold Bureau. All content and images are owned by USGB and may not be reproduced without written authorization. Copyright 2012.