American Buffalo Gold Bullion Coins

In 2006, the U.S. Mint released its first 24-karat (.9999 gold) gold bullion coin, the American Buffalo. The initial sets, both uncirculated and proofs, were only made in 1 oz versions, with a face value of $50, but the mint sold the coins for $800 each, which reflected the value of their gold content at the time.

The reason the United States decided it needed such a fine coin when it already had four denominations of 22-karat American Eagles is that it felt the need to compete with other countries that printed pure gold coins—in particular Canada, which had been very successful with its Canadian Maple Leaf coin.

The American Buffalo’s design pays homage to James Earle Fraser's Buffalo (Indian Head) nickel. The Buffalo nickel was the American five-cent piece from 1913 until 1938, with the exception of a few years during which no nickels were minted. The obverse depicts the profile of a Native American while the reverse shows a bison atop a mound of dirt. Unlike the Buffalo nickel, however, the legend under the gold bison’s feet reads “$50 1 OZ. .9999 FINE” instead of “FIVE CENTS.”

Like all bullion coins, the American Buffalo was minted at the West Point, New York, mint, though only the proof versions of the coin received the ‘W’ mintmark.

After printing only 1 oz coins in 2006 and 2007, the U.S. Mint decided to produce fractional American Buffaloes as well. These coins came in 1/10 oz, ¼ oz, and ½ oz weights, had face values of $5, $10, and $25 respectively, and were limited to runs of no more than 300,000.

In September of 2008, the U.S. Mint suspended production of all 24-karat coins due to that year’s economic crisis. Investors were looking for secure investments such as gold, and the Mint was concerned it could not satisfy all of the demand. In 2009, the Mint began striking American Buffaloes again, and in 2010, a proof version of the 1 oz coin could be purchased through the Mint for $1,460.


Best of the Web (“Hall of Fame”)

Legendary Coins and Currency

Legendary Coins and Currency

This online exhibition from the Smithsonian's National Museum of American History is a great way to get an overview… [read review or visit site]

Society of U.S. Pattern Collectors

Society of U.S. Pattern Collectors

Home to the Society of U.S. Pattern collectors, this well-organized site provides in-depth information on pattern c… [read review or visit site]



Clubs & Associations

Other Great Reference Sites

Most watched eBay auctions    

2008 Gold Buffalo Proof 4 Piece Coin Set Original Box & Paperwork Spot Free2014 W - Proof 1 Oz. Gold American Buffalo $50 - Ngc Pf 70 Ucam - Early Releases2013-w $50 Gold American Buffalo Reverse Proof First Strike Pcgs Proof-702014 W $50 Black Diamond One-ounce Gold Buffalo, First Strike Pcgs Pr 69 Dcam1oz Gold American Buffalo Proof $50 Coin 2011 W/box And Coa2008-w Proof American Gold Buffalo 1/10th Oz .9999 Fine With Ogp / Coa2014 - 1oz Gold American Buffalo Coin, Pcgs Ms 70 First Strike - .9999 Fine Gold2007 W Buffalo G$50 .9999 Fine Pf 70 Ultra Cameo Gold Star Lable 4155-071oz Gold American Buffalo Proof $50 Coin 2009 W/box And Coa2006 $50 Gold Buffalo Ngc Ms70 First Strikes2006-w $50 Proof Gold Buffalo Pcgs Proof 70 Dcam Blue Label .9999 FinePair (2) 2010 United States $50 Gold Buffalo & American Eagle. Pcgs & Ngc Ms69.2006-w $50 Proof Gold Buffalo Pcgs Proof 70 Dcam Blue Label .9999 Fine2013-w Reverse Proof Gold Buffalo Ngc Pf-70 Chicago Ana Release1oz Gold American Buffalo Proof $50 Coin 2010 W/box And Coa2013-w $50 Gold American Buffalo Reverse Proof First Strike Pcgs Proof-702006-w $50 Proof Gold Buffalo Pcgs Proof 70 Dcam Blue Label .9999 Fine2006 $50 Gold Buffalo First Strike Ms-70 Ngc 1oz .9999 Gold Coin2006-w American Buffalo Proof Gold Coin West Point Mint $50 .9999 Fine 1 Troy Oz2006-w $50 Proof Gold Buffalo Pcgs Proof 70 Dcam Blue Label .9999 Fine2008 W $5 Gold Buffalo 1/10 Oz Pcgs Pr 69 Dcam First Strike With Boxes And Coa1oz Gold American Buffalo Proof $50 Coin 2010 W/box And Coa2006-w American Buffalo Proof "west Point" Mint $50 .999 Fine Gold 1 Ounce Coa2008 W $10 Buffalo Gold 1/4 Oz Coin Ngc Pr 70 Ultra Deep Cameo Frosty * Perfect!2008 W $5 Gold Buffalo 1/10 Oz Pcgs Ms 69 First Strike With Boxes And Coa2013 Buffalo G$50 .9999 Fine Gold Early Release Ms 70 Ngc Dollar Coin4, In Case 2013 Gold Buffalo Coin Copys