History of the 2020 Gold Buffalo: The United States Mint began producing the Gold American Buffalo in 2006. It was the first coin minted by the United States Government with pure 24-karat gold and available to the public. The Gold American Buffalo was minted to compete directly with the Canadian Gold Maple Leaf and other foreign 24-karat gold coins.
The design of the coin should be familiar to any coin collector. The obverse of the 2020 Gold American Buffalo is similar to the Indian Head or Buffalo nickel featuring the design of late sculptor James Earle Fraser of the profile portrait of a Native American figure. The design doesn’t depict a particular Native American. Fraser himself wasn’t consistent with his story of the identity of the subject of his design. In 1913 he actually wrote to the Mint Director of the time claiming that he had done portraits of several Native Americans including Iron Tail and Two Moons and that the Native American on the coin is probably a combination of all of these.
The reverse of the coin should look very familiar as well. The American bison design is also from James Earle Fraser. Like the obverse design, there is doubt for the inspiration of the reverse design. The American bison Black Diamond at the Bronx Zoo was Fraser’s subject for the design. Although Fraser has a vivid recollection of Black Diamond, the American bison never lived at the Bronx Zoo. Instead he lived at the Central Park Zoo until 1915 when he was sold and slaughtered. The final design of the reverse does differ from the actual Black Diamond.
Regardless of the inspiration behind Fraser’s designs the 2020 Gold American Buffalo is a beautiful homage to the Buffalo Nickel. The nominal face value of the coin is $50 and is guaranteed by the United States Government.
2020 Gold Buffalo Highlights:
Each coin contains 1 oz. of .9999 fine gold
Obverse features the iconic Indian Head design
Reverse is the classic image of an American bison
Backed by the United States government
Why invest in the 2020 Gold Buffalo coin? The 2020 Gold American Buffalo is a beautiful investment and is minted in 24-karat gold. The Gold American Buffalo also pays homage to one of the most iconic designs in American coinage history making it popular among investors and collectors alike. Own one of the most popular gold bullion coins in the world and invest with a trusted precious metals company, the U.S. Gold Bureau.
*Our supply comes from the Mint in sealed tubes of 20 and boxes of 500 coins. Quantities ordered that are not multiples of 20 may include loose coins that are packaged in bubble wrap, rather than in the original tubes. Minor imperfections can occur during the minting, shipping or handling process. This does not constitute a valid reason for a return.