Gold Buffalo
To meet the demand of investors who seek the purest investment gold possible, the US Mint has issued a 1-ounce .9999 fine (24 Karat) legal tender $50 gold bullion coin based on the classic 1913 “buffalo nickel” designed by the world famous sculptor James Earle Fraser. You can view the design for the coin's obverse and reverse to the right. The obverse features the classic profile of a Native American. The reverse features a majestic buffalo.
In 2008, for the first time, American Buffalo Gold Coins were available in four sizes - one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce.
Coin Design
The 1913-1938 “Indian Head” nickel, with the buffalo reverse, is an essential bit of American nostalgia and history. Designed by the American master sculptor James Earle Fraser, it is just one of many enduring images he created. So popular is the Fraser “Indian Head” nickel that, prior to its selection as the U.S. Mint's purest gold bullion coin, it was released by the U.S. Mint as a $1 uncirculated and proof silver coin in 2001.
Three men — Chief Iron Tail, Chief Big Tree and Chief Two Moons — sat for Fraser as he designed the coin. The buffalo used by Fraser was a denizen of New York City's Central Park Zoo.
Market Value
Coin pricing will move up or down with the daily price of gold. The spot price of gold (and all precious metals) is reported every business day in all major newspapers, television, radio and various websites.