The American Buffalo gold coins are made of 24-karat gold and printed under the Presidential $1 Coin Act. It features design work by James Earle Fraser, who was a student of Augustus Saint-Gaudens, the artist who developed the popular Double Eagle design.
On the obverse of the American Buffalo gold coins, one will find a Native American depiction featuring two Indians known as Chief Iron Tail and Chief Two Moons. On the reverse side of the coin is the depiction of an American Buffalo which was sculpted based on Black Diamond, an American Buffalo that was a very popular attraction at the New York Zoological Gardens.
Originally printed back in 1913, this coin is still popular amongst many coin collectors and gold investors from around the globe. There were two variations of this particular coin in which the first one depicted the water buffalo on a mound, while in the second variation it is standing on flat ground.
These were the very first gold coins to ever be struck at the US Mint and today are still available in limited quantities. They are 99.99% fine 24-karat gold and today are made available at a heft price tag of $50 or more; depending upon the dealer selling them. They are also considered to be legal tender in the US, but no one would go around trying to use them as such.
The American Buffalo gold coins make a perfect investment irregardless of whether you are a coin collector or even if you are a gold and other precious metals investor. No matter how you look at it, these are definitely some stunning examples of why gold has and will continue to be a cherished metal to all generations. If you have never before collected or invested in precious metals, then this particular coin is definitely a great place to start.
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