Gold American Buffalo Coin for the Conservative Investor

Written by admin on February 22, 2010 – 4:28 pm -

The Gold American Buffalo coin serves as one of the best investment options for worried investors today; this is because gold rates are steadily on the rise as other investment forms become increasingly volatile. Gold remains a popular investment option because the metal's rarity gives the metal it's increasing value. Conservative investors feel far safer buying Gold American Buffalo coin offerings because the coins can always be sold for a profit when the gold rates are high, and while gold rates may fluctuate from time to time, throughout history, gold has proven to be one of the most secure investment forms.

Conservative investors like to diversify their financial portfolio with the purchase of the Gold Buffalo coin; these types of investments might make up anywhere from ten to twenty percent of a person's financial portfolio. The little risk and high profit margin associated with Gold American Buffalo coin options make the coins a great base for anyone's financial nest egg and the conservative investor, who seeks peace of mind when investing, can rest assured in knowing that the Gold American Buffalo coin investments that he or she makes will maintain its value over time.

The Gold Buffalo coin has had a great value increase in the past three years or so since gold rates have steadily risen in that time period. Even in times of extensive financial crisis on a global scale, gold investments remain the best choice for an investor seeking to maximize their investment options with little associated risk. With a portion of one's monies invested in gold, investors can use the remainder of their investment funds to make riskier investments while simultaneously knowing that their gold investment will continue to profit.

Dividing one's investments is part and parcel of making sound investments. A percentage of any investments made should be put into investment forms that are enduring and secure. The other portion of one's portfolio can then be used to gamble on alternative investment options. With the creation of Gold American Buffalo coin offerings, even the conservative investor can feel better about investing in today's economy.


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Buffalo Gold Coins – A Hard to Come By Artistic Design

Written by admin on February 22, 2010 – 4:24 pm -

Buffalo Gold coins are among the very first coinage offered by the US Mint that have pure gold in their makeup. This coin has been called by a number of different monikers including the American Buffalo coin, the gold Buffalo coin, and Buffalo gold coins; the nicknames are, of course, derived from the image presented on the coin's backing which consists of a large buffalo standing upon a raised dirt mound. This coin has impressive artwork which has made the coin a true masterpiece in terms of its appearance, design, and appeal. Investors and coin collectors are often impressed by the impeccable, well defined lines, raised areas, and luster that such coins possess.

The image of the Buffalo that appears on the Buffalo Gold coinage was crafted based upon a bison named Black Diamond which originally resided in Central Park Zoo in New York City in the year 1910; the buffalo image later appeared on coinage in the year 1913. What's even more fascinating is that the coin's artist, James Earle Fraser, had to have help when drawing the buffalo representation. As the artist relied on a live bison for a model, another individual had to keep the attention of the bison maintained so that Fraser could view the profile of the bison and sketch it; this is the depiction that has come to appear on the Buffalo Gold coins as they are known today. This small tidbit of trivia can help investors and coin collectors come to truly appreciate the hard work, artistry and the incredible workmanship that is presented on every Buffalo gold coin for sale.

Of course, the obverse side of all Buffalo Gold coins also has a wonderful image which has a unique history too. When Fraser was creating the coin he used three different Indian chiefs as models and combined the attributes of the three men into the single, well recognized image that appears on the Buffalo Gold offerings today. Fraser successfully merged the facial characteristics of chiefs heralding from the Two Moons, the Big Tree, and the Iron Tail American Indian tribes for an unforgettable, artistic rendering.


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$50 Gold Buffalo

Written by admin on February 22, 2010 – 4:21 pm -

The $50 Gold Buffalo coin is available in three unique designs and styles for coin collectors interested in making such an investment. You can invest in a Gold Buffalo coin that is a proof version, an uncirculated version, or a bullion offering, and the coin is becoming a seriously popular option for investors and collectors because they have impressively designed features. These coins are skillfully crafted of 24 karat pure gold bullion and they are backed by the United States government in regard to their purity and authenticity.

The Gold Buffalo coin was originally created in the year 2006 and while it had a $50 face value, collector coins were selling for prices between $800.00 and $900.00. The coin is sometimes called the American Buffalo Coin, and the U.S. Congress passed a law in 2005 that allowed for the coin's production with 24 karat gold as its content. The coin is symbolic of timeless art and unrivaled excellence in terms of coin production.

The $50 Gold Buffalo coin one ounce offering is crafted with a diameter of 1.287 inches, thereby presenting the collector with a generously wide coin with a design of unrivalled beauty. The reeded edge on the coin is masterfully designed and flawless. This coin has been designed based upon the art of James Earle Fraser, a well-known sculptor, and the coin has been inspired by the imagery that appears on the Buffalo nickel as well as the Indian Head nickel. If you want a Gold Buffalo coin from a coin dealer and you desire a proof version or uncirculated version of the coin, you can identify the proof coin by checking for the appearance of a "W" on the coin face. The latter marking is known as the "minter's mark." The bullion versions of the $50 Gold Buffalo offering are absent of such a marking.

The $50 Gold Buffalo coins possess the image of a Native American on the obverse side and a buffalo on the reverse side of the coin. The imagery is based upon the depictions first presented on the 1913 nickel Type 1, this same image appears on the 2001 commemorative silver dollar too. The Gold Buffalo coin however, is the most coveted coin of its kind, and collectors have found this coin has become a classic collector's coin in the industry.


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Value of American Buffalo gold coin

Written by admin on October 28, 2009 – 3:08 pm -

First offered for sale in June of 2006, the American Buffalo gold coin was the first 24-karat gold bullion coin to be offered for sale by the United States Mint. This coin is also known as the "gold buffalo", which gained this nickname due to the image of the American Bison on the reverse side of the coin.

The American Gold Buffalo coin has an image of an Indian head on the front side. This is the first time in history that the United States government minted a pure gold coin which was available to the general public. The face value of the American Gold Buffalo coin is $50, but is much greater for a proof coin.

A proof coin is an early sample of the issue of a coin. In 2006, the proof coin value of an American Gold Buffalo coin was $800. In 2007 the value went up to $899.95, with the present value now being around $950 for an American Gold Buffalo proof coin. There were only 300,000 of these coins produced, and there was also a limit of 10 per household strictly enforced as well. The question is, how do you know the difference between a proof coin and a regular coin?

For the American Gold Buffalo coin, a proof coin is distinguished by a "W" on the front of the coin. You will find the "W" behind the neck of the Indian. The bullion version will not have this "W" on it, so be sure to check this first if you are interested in acquiring a proof coin of the American Gold Buffalo.

While these coins were only available as a one ounce gold coin, in 2008 smaller versions of these coins were issued. There now included a 1/10 of an ounce coin for $5, a 1/4 ounce for $10, and a 1/2 ounce version for $25. Sales of the American Buffalo coins were halted in September of 2008 as the U.S. Mint had trouble keeping up with the increasing demand of these coins.

While the face value of this gold bullion coin may only be $50, obtaining a proof coin is worth over 10 times that. Being lucky enough to have the available limit of ten per household could prove to be a nice investment for the future.


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Buy Cheap Gold Buffalo Coins Online Safely

Written by admin on October 25, 2009 – 8:04 pm -

gold buffalo coinsThe gold buffalo coin, is one that is readily on any collector’s wish list. But where to find the coin can be a problem. For a very nice deal, you may want to take a look on Ebay.

Many first time collectors start out on Ebay, and find that their purchases are of very good quality. That is because Ebay keeps an eye on what is being sold, and where it's being sold. They notify customers as well as patrons quickly, if they find the slightest detail wrong, or suspect something might be wrong.

Ebay is one of the top auction sites for finding old, rare, and quality deals, especially on coins. Ebay has many safety features installed to help prevent fraud and illegal selling of fake coins, therefore buying on Ebay, is a very good choice when it comes to adding to your collection, or simply getting a start.

Ebay is one of the highest recommended places for buying and selling coins on the Internet, because of their strict guidelines, procedures, and safety measures. The U.S. Mint would be another place that coins can be safely purchased.

According to the U.S. Mint, the American Buffalo Gold Bullion Coin represents the convergence of timeless elegance in numismatic design and quality in coinage production. The coin is made of .9999 pure fine gold.

Congress authorized the Gold Buffalo Coin in 2005 and first minted in June 2006, American Buffalo Gold Bullion Coins are among the world's purest gold coins, with the gold being obtained from newly mined sources in America.

United States Mint gold bullion coins are the only official investment-grade gold bullion coins whose weight, content and purity are guaranteed by the United States Government.  In October 2009, the number of American Bouillon coins sold was 86,000.


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American Buffalo 24-Karat Gold Coins Guide

Written by admin on October 24, 2009 – 6:37 pm -

Production the American Buffalo 24-karat gold coins were authorized by Public Law 109-145, dated December 22, 2005, also known as the Presidential $1 Coin Act.

The American Buffalo Gold coin's obverse and reverse designs feature images originally prepared by noted American sculptor James Earle Fraser, once a student of Augustus Saint-Gaudens, for America's 5-cent coin (nickel).

That popular coin, known as the Indian Head, or Buffalo, nickel was introduced in 1913 and showcases the native beauty of the American West.

The Native American depiction on the coins obverse is believed to be based on three different American Indians. Two of the American Indians who modeled for Fraser as he sculpted the coin were named by the designer before his death. They were known as Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne. Although many have claimed to have had a sitting with Fraser for this design, he could not recall the name of the third person and satisfactory documentation has not yet been found to identify that individual. It is widely believed that the bison on the coins reverse was modeled after Black Diamond, a popular attraction at the New York Zoological Gardens.

In the first year of the coin’s issuance, 1913, there were two distinct varieties, the first showing the bison on a mound and the second with the base redesigned to a thinner, straight line. American Buffalo Gold Coins bear the original Fraser Type I design.

United States Mint American Buffalo Gold Bullion Coins

American Buffalo Gold Bullion Coins are the first .9999 fine 24-karat gold coins ever struck by the United States Mint and offered for sale through a network of Authorized Purchasers. These $50 gold coins are available to members of the public seeking a simple and tangible means to own and invest in 24-karat gold in the form of legal tender coins whose content and purity is guaranteed by the United States Government.

American Buffalo Gold Bullion Coins are available at many coin and precious metals dealers as well as many brokerage houses and participating banks. Pricing for precious metal investment coins typically depends on the market price of the metal. Click here to locate a dealer.

United States Mint American Buffalo Gold Proof Coins

The United States Mint produces a proof version of these coins for collectors. The term "proof" refers to a specialized minting process that begins by manually feeding burnished coin blanks into presses fitted with special dies. Each coin is struck multiple times so the softly frosted and highly detailed images seem to float above the field.

An official Certificate of Authenticity accompanies each coin. American Buffalo Gold Proof Coins sell at a fixed price and can be purchased directly from the United States Mint.

Product Information

All 24-Karat American Buffalo Gold Coins are struck at the United States Mint at West Point. The 24-Karat American Buffalo Gold Bullion Coins are minted and sold in the same manner as American Eagle Bullion Coins.


United States Mint Sales Totals for American Buffalo Coins

Year 2008 Proof Product Option Total Unit
Sales
Price*
2008 One Ounce Gold Proof 11,060 -
2008 Half Ounce Gold Proof 4,366 -
2008 Quarter Ounce Gold Proof 5,322 -
2008 Tenth Ounce Gold Proof 11,081 -
2008 4 Coin Gold Proof Set 7,803 -
2008 Program Total 39,632


Year 2008 Uncirculated - Product Option Total Unit
Sales
Price*
2008 One Ounce Gold Uncirculated 3,025 -
2008 Half Ounce Gold Uncirculated 3,237 -
2008 Quarter Ounce Gold Uncirculated 3,900 -
2008 Tenth Ounce Gold Uncirculated 11,380 -
2008 4 Coin Gold Uncirculated 6,049 -
2008 8-8-08 Double Prosperity Set Program On each American Eagle & Buffalo Half Ounce 7,622 -
2008 Program Total 35,213
Year 2007 Proof Product Option Total Unit
Sales
Price*
2007 One Ounce Gold Proof 58,998 -
2007 Program Total 58,998
Year 2006 Proof Product Option Total Unit
Sales
Price*
2006 One Ounce Gold Proof 246,267 $800.00
2006 Program Total 246,267

Source: US Mint


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2009 American Buffalo Gold Proof Coin to be Released by U.S. Mint

Written by admin on September 28, 2009 – 7:35 pm -

The United States Mint announced today that it will begin accepting orders for the one-ounce 2009 American Buffalo Gold Proof Coin at noon Eastern Time (ET) on October 29, 2009. Its price will be based on the United States Mint’s pricing structure for numismatic products containing precious metals.

2009_proof_gold_buffalo_102209As a result of the numismatic product portfolio analysis conducted late last year, fractional denominations of the American Buffalo Gold Proof and Uncirculated Coins, as well as the American Buffalo Four-Coin Set, are no longer offered for sale.

The obverse (heads side) and reverse (tails) designs of the American Buffalo Gold Proof Coin are based on the original 1913 Type I Buffalo nickel by James Earle Fraser. The coin’s obverse bears the profile of a Native American. Inscriptions on the obverse include LIBERTY, 2009, the initial F for Fraser and the W mint mark for the United States Mint at West Point. The coin’s reverse features the revered American Buffalo, also known as the bison. Inscriptions on the reverse are UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, $50, 1OZ., and .9999 FINE GOLD.

Each 2009 American Buffalo Gold Proof Coin is presented in an elegant hardwood box with a matte finish and a faux leather inset. The coins are exhibited on a platform which can stand at an angle for display when the box is open. A custom-designed Certificate of Authenticity signed by the Director of the United States Mint is also included.

The United States Mint will accept orders for the 2009 American Buffalo Gold Proof Coin at its secure Web site http://www.usmint.gov/catalog or at the toll-free number 1-800-USA-MINT (872-6468). Please add $4.95 for shipping and handling. There is no mintage or household order limit for this product.

The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time October 29, 2009, noon ET, shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint’s Frequently Asked Questions, Answer ID #175.

By US Mint on Thursday, October 22, 2009


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Why Invest in American Buffalo Gold Coin

Written by admin on May 6, 2009 – 9:41 pm -

The American buffalo coin has a history that goes back to as far as the year 1913 when it was first produced by the US Mint. Just three years ago, the American buffalo coin saw an end to its mass production, but a coin very similar to its design came into being: the American buffalo gold coin. The American buffalo gold coin is created by the US mint, consists of 24 karat gold, and was first produced in the summer of 2006. People are choosing to make an investment in these stunning coins, not only because of their striking designs, but because they contain pure gold.

The American buffalo gold coin has an obverse side which presents the striking and sharp profile of a Native American Indian; the date of the coins creation is seen in the neckline of the profile, and the word “LIBERTY” appears in an arc in the upper right hand side of the obverse presentation of this coin. The reverse side of the American buffalo gold coin depicts a highly detailed American Buffalo with the numeration of $50.00 and the words “.9999 1 OZ. Pure Gold,” marked at the bottommost part of the reverse side of this coin. The uppermost part of the coin reveals the words “UNITED STATES OF AMERICA” as well as “E Pluribus Unum,” which literally translated comes to mean, “Out of one, many.” Uncirculated versions of the American buffalo gold coin have been severely limited in terms of production: only 300 thousand of these coins have been created and they are therefore among the most coveted types of buffalo gold coins presently available.

The American buffalo gold coin was made specifically to gain the attentions of avid coin collectors; the government sought to appeal to coin collectors seeking other gold coins from other parts of the world and therefore purposefully had the buffalo gold coin designed. These coins are not only amazingly crafted, but they will continue to increase substantially in value over time. Adding these coins to a collection not only serves as a wise investment, but proves to be a more than satisfying endeavor for the coin enthusiast.


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Overview of American Buffalo Gold Bullion Coins

Written by admin on April 24, 2009 – 6:41 pm -

Investors in Gold Have Another Choice

For the first time in its history, the United States Mint is proud to offer its customers the opportunity to purchase a 24-karat gold bullion coin.

The American Buffalo Gold Bullion Coin represents the convergence of timeless elegance in numismatic design and uncompromising quality in coinage production, the result of which is this one ounce coin made of pure .9999 fine gold.

Authorized by Congress in 2005 and first minted in June 2006, American Buffalo Gold Bullion Coins are among the world's purest gold coins in terms of the fineness of the metal they contain. Each coin contains its full, stated weight of pure gold. By law, the gold for United States Mint American Buffalo Gold Bullion Coins must be taken from newly mined sources in America. They are struck at the United States Mint at West Point, New York. While struck at West Point, American Buffalo Gold Bullion Coins do not have a mint mark.

Purity, Weight and Content Guaranteed

United States Mint gold bullion coins are the only official investment-grade gold bullion coins whose weight, content and purity are guaranteed by the United States Government. Like the U.S. dollar, gold bullion coins are welcome in major investment markets worldwide. Investment firms have for years considered pure, 24-karat (.9999) fine gold coins to be bullion eligible for U.S. Individual Retirement Accounts (IRAs). Consult with your investment firm on whether it has decided to include pure .9999 American Buffalo Gold Bullion Coins in its portfolios.

Easy to Buy and Sell

One measure of an investment is liquidity, or the ease with which an asset can be converted to cash. The American Buffalo Gold Bullion Coin, with its unique backing by the United States Government, can be sold for cash at most coin and precious metals dealers worldwide. Although the coin is also United States legal tender, its face value is largely symbolic as the value of the gold it contains has historically been far greater.

Source: US Mint


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US Mint Total Sales for American Buffalo Gold Coins

Written by admin on April 20, 2009 – 6:43 pm -

2009 American Buffalo Gold Coin Sales Totals (in ounces / number of coins)

Month One

( oz. / #coins )

January 0

0

February 0

0

March 0

0

April 0

0

May 0

0

June 0

0

July 0

0

August 0

0

September 0

0

October 116,500

116,500

November 67,500

67,500

December 16,000

16,000

Total 200,000

200,000

2008 American Buffalo Gold Coin Sales Totals (in ounces / number of coins)

Month One

( oz. / #coins )

January 21,500

21,500

February 6,000

6,000

March 15,000

15,000

April 13,000

13,000

May 5,500

5,500

June 5,500

5,500

July 9,500

9,500

August 34,500

34,500

September 36,000

36,000

October 0

0

November 25,500

25,500

December 0

0

Total 172,000

172,000

2007 American Buffalo Gold Coin Sales Totals (in ounces / number of coins)

Month One

( oz. / #coins )

January 14,000

14,000

February 37,500

37,500

March 28,000

28,000

April 6,500

6,500

May 4,500

4,500

June 5,500

5,500

July 5,500

5,500

August 13,000

13,000

September 8,500

8,500

October 5,000

5,000

November 15,500

15,500

December 24,000

24,000

Total 167,500

167,500

2006 American Buffalo Gold Coin Sales Totals (in ounces / number of coins)

Month One

( oz. / #coins )

January 0

0

February 0

0

March 0

0

April 0

0

May 0

0

June 99,500

99,500

July 117,500

117,500

August 22,000

22,000

September 33,500

33,500

October 21,500

21,500

November 10,000

10,000

December 19,000

19,000

Total 323,000

323,000

US Year-Dated Coins Sold for American Buffalo Bullion Coin (2006-Current)

2008 1 ounce Gold 189,50
2007 1 ounce Gold 136,503
2006 1 ounce Gold 337,012

Source: US Mint


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