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Friday, September 3, 2010

American Buffalo Gold Bullion Coins

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November 3, 2009 by goldguru · Leave a Comment 

Investors and collectors who appreciate the beauty and purity of 24-karat gold purchase coins like American Buffalo gold bullion coins, because modern bullion designs can also be tributes to classic coin designs from the past. One example of such a tribute is 22-karat, modern, $50 American Eagle bullion coin, whose obverse design is both a near replica and a tribute to the legendary $20 Saint Gaudens, 22-karat rare gold coin, minted from 1907 to 1933. Modern American Eagles are so popular in fact, that the U.S. Mint has suspended production of these coins until a sufficient inventory of blanks is accumulated to meet relentless public demand.

Not unlike the 22-karat American Eagle, 24-karat American Buffalo gold bullion coins are a tribute to the classic design that was created by artist James Earle Fraser, and used for the now legendary Buffalo nickel, which was first minted in early 1913. The obverse design is the profiled image of a Native American man, which is actually a composite of three different sketches that Fraser made of three men, who were John Big Tree, Iron Tail, and Two Moons, all from different tribes. The reverse design is a profiled image of the coin’s namesake, an American bison, or buffalo named “Black Diamond” who lived in the Central Park Zoo in New York during the 1910s. Investors can receive institutional discounts on their American Buffalo gold bullion coins by contacting one of our friendly specialists, who offer institutional discounts on these, and many other bullion, and rare coins.

Danny Burns

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