2018 Gold American Buffalo Proof 70 Coin Description:
History of the coin: The Gold American Buffalo is perhaps one of the most celebrated pieces in modern American coinage. From its impressive gold contents to its historical significance, the Gold American Buffalo is an excellent addition to investment portfolios of all sizes and scales.
The Gold American Buffalo series began in 2006, growing out of the U.S. market's demand for a purer gold coin than had previously been issued. This coin would, in turn, it was hoped, compete with Canada's Gold Maple Leaf and offer Americans the opportunity to add an exceedingly pure gold coin of domestic origins to their asset holdings. As a result, the coin was conceived and cast in .9999 fine gold, serving as the first 24-karat gold coin struck for and issued to the public by the U.S. Mint. While the 2018 Gold American Buffalo Proof 70 coins do carry denominations of $50, their real value stems from the pieces' highly pure gold contents.
The 2018 Gold American Buffalo PF70 coin is an ode to early 20th century U.S. coinage, featuring a replica of James Earle Fraser's 1913 Type I Buffalo nickel design. The piece's obverse depicts a reproduction of Fraser's right-facing profile portrait of an unnamed male Native American figure donning two feathers in his hair. The word "LIBERTY" is inscribed in the top right "corner" of the coin, and the piece's year of mintage is struck in the bottom left. A "W" mintmark, indicating production at the West Point Mint, appears just above the man's right shoulder, and an "F" standing for the original designer's last name - Fraser - struck just below the mintage year.
The coin's reverse is also a replica of Fraser's 1913 Buffalo nickel design. It features a left-facing bison, the famed and beloved symbol of America, standing atop a grassy patch of land. The words, "UNITED STATES OF AMERICA" line the top edge of the coin while the country's motto, "E PLURIBUS UNUM" is inscribed in three single-word lines below. "IN GOD WE TRUST" appears in the bottom left area of the coin, along with the piece's $50 face value and "1OZ. .9999 FINE GOLD" contents in the bottom center.
First ever 24-karat gold coin struck by the U.S. Mint for public investments.
Design harkens back to Pre-1933 U.S. coinage with obverse and reverse imagery based on James Earl Fraser's original 1913 Type I Buffalo nickel depictions.
Accompanied by a certificate of authenticity and the label is hand-signed by 38th Director of the U.S. Mint, Ed C. Moy.
Proof 70 grade granted by the Numismatic Guaranty Corporation (NGC), officially deeming the coin to be of perfect quality.
Coin contains 1 Troy ounce of .9999 fine gold, placing them amongst the world's purest gold coins.
Measures 32.7mm (1.287in) in diameter and 31.108g in weight, making it easy to handle, transport and store.
W mintmark indicating production at the West Point Mint
Why should I invest in this? As the first 24-karat gold coin issued by the U.S. Mint, the Gold American Buffalo holds a unique place in the legacy of U.S. coinage. Additionally, the coin's historical design adds appeal for investors interested in both financial impact and artistic significance. Modern proof coins offered by the U.S. Gold Bureau carry a grade of 70 granted by the Numismatic Guaranty Corporation, which officially denotes the coins as being in "perfect" condition. A Proof 70 score raises investment values of the coins and lands them in a prestigious and exclusive class of top-quality coins. The U.S. Gold Bureau is also proud to offer our clients a one-of-a-kind opportunity to elevate the esteem and worth of their 2018 Gold American Buffalos even further. All of our Proof 70 coins are accompanied by a certificate of authenticity and are labeled with a hand-signed signature of Ed C. Moy, former Director of the U.S. Mint. This feature is exclusive to the U.S. Gold Bureau as part of our effort to continually provide customers with exceptional service and the highest quality pieces available today.