Proof Gold American Buffalo

At 24 karat gold, the 1 oz Proof Gold American Buffalo is a new and elegant revitalization of a classic design, fully backed by the US Government, and quickly gaining in popularity with investors. As a matter of law, the mintage of this coin is very low and thus it can be exceptionally hard to find.

A pristine and sparkling minting, it’s the first .9999 pure 24 karat gold coin to be struck by the US Mint — truly a historic and stylish way to beef up your gold holdings.

About The Proof Gold American Buffalo Coin

The Buffalo Gold carries a face value of $50, and is US legal tender. Each proof coin comes in a unique mint box with its certificate of authenticity directly from the mint itself. The particular coin you receive will be from the year of our choosing based on what we have available. We are regularly able to meet requests for specific year of this beautiful coin. However, supplies are limited given the remarkable demand.

The obverse face of the coin features a Native American chieftain in profile, repurposed in tribute from James Earle Fraser’s original, iconic design of the 1913 Indian Head Nickel. The reverse side features the titular buffalo himself, in this case rendering of Black Diamond, an actual bison and well-known inhabitant of New York’s Central Park Zoo in the early 1900s.

About the New Pressing

The Buffalo Gold’s latest edition began its run in 2006, the first 24 karat gold coin of its kind, and has continued production annually to great popularity in the ensuing years. The pressing was prompted in part by the new gold selections recently minted by other nations, namely the Canadian Gold Maple Leaf and the Chinese Gold Panda.

The Proof Gold American Buffaloes are pressed in West Point, New York, and are legally restricted to minting of 300,000 coins a year. Each coin weighs one troy ounce of pure gold with a diameter of 32.7mm, a bit bigger than a US half dollar.

The IRA eligibility of this coin is somewhat of a grey area. While the coin meets the purity requirements for an eligible IRA asset. However, the Buffalo proof gold coin does not match the description of the American Eagle in the tax code and it may be considered a collectible which would prohibit it from inclusion in an IRA. As the IRA has never issued any definitive ruling on this matter, Midas Gold Group will not sell these coins to an IRA until the matter is more clearly addressed.

As always, Midas Gold Group is more than happy to advise prospective buyers on whether this coin is right for your collection. Any coin bought from us will always come to you in immaculate condition straight from the mint itself.