1 OZ Gold Buffalo ( Random years )

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1 OZ Gold Buffalo ( Random years )

The 1 OZ Gold Buffalo 2024 is a prestigious and iconic gold bullion coin that represents the finest in American minting. Here’s a detailed description of this coin:

Weight and Purity:

  • The coin contains 1 troy ounce (31.1 grams) of pure gold.
  • It is made of .9999 fine gold (24 karats), which means it is composed of 99.99% pure gold, making it one of the purest gold coins available on the market.

Design and Appearance:

  • Obverse (Front):

    • The obverse features the classic design of a Native American profile, which was originally created by sculptor James Earle Fraser for the Buffalo Nickel in 1913.
    • This side of the coin shows a composite image based on three different Native American chiefs from various tribes, embodying the strength and heritage of the indigenous peoples of North America.
    • The word "LIBERTY" is inscribed on the right side of the profile.
    • The year "2024" is typically engraved just below the profile's neck, along with a small "F" initial for Fraser, the original designer.
  • Reverse (Back):

    • The reverse side showcases the iconic image of an American bison, commonly referred to as a buffalo, which is the namesake of the coin. This design is also a homage to the original Buffalo Nickel.
    • The buffalo stands majestically on a mound of earth, with intricate details capturing the texture of its fur and the ground beneath it.
    • Inscriptions on the reverse include "UNITED STATES OF AMERICA" at the top, and below the buffalo, "E PLURIBUS UNUM" and "IN GOD WE TRUST."
    • The bottom of the reverse side indicates the coin’s weight and purity with "1 OZ. .9999 FINE GOLD" and the denomination "FIFTY DOLLARS."

Finish:

  • The Gold Buffalo typically features a brilliant uncirculated (BU) finish, which gives it a lustrous and detailed appearance. Some versions of the coin may also come in a proof finish, where the design is frosted against a mirror-like background, adding to its collectibility.

Packaging:

  • The 1 oz Gold Buffalo is usually sold in protective packaging to preserve its condition. If purchased in bulk, it may come in mint tubes or even in sealed mint boxes. Individual coins may also be encapsulated for added protection.

Reputation and Collectibility:

  • The Gold Buffalo was first introduced in 2006 as the first-ever 24-karat gold coin produced by the United States Mint. It has since become a staple for both investors and collectors.
  • Due to its high purity and classic American design, it is highly regarded not just in the U.S. but internationally as well.
  • The 2024 edition continues this legacy, making it a valuable and iconic piece of American numismatic history.

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