American Gold Buffalo Coin Collecting

by Elizabeth Jonas

The American Gold Buffalo coin made by the United States Mint is a beautiful gold coin and is a favorite among coin collectors as well as those who collect precious metal. This 24 karat gold bullion became available June 2006, and the coins were only available in the one ounce size. In 2006 the US Mint release 300,000 and limited the number of coins purchased per household to 10. The face value of the one ounce coin is $50.

The design on this coin is nostalgic in that it uses the images designed by James Earle Fraser for the old “buffalo” nickel. The obverse side has a profile of a Native American Indian and an American Bison (buffalo) on the reverse side.

The initial 2006 proof coins have a “W” stamped on the obverse side beside the neck of the Native American Indian, which indicates that it was minted at the West Point Mint in New York.

Many people who collect coins like to collect a particular coin by each year they are produced. For the American Buffalo Gold coin, collectors have a choice of the following years: 2006, 2007 and 2008. For 2006 and 2007 coins, only the one ounce size is available. In 2008, the United States Mint made other sizes available including: 1/10 ounce – $5; 1/4 ounce – $10; 1/2 ounce – $25.

Although the face value of the coin is $50, the true value is more in the precious metal of gold. For example, the first 2006 proof Gold Buffalo coin cost $800, and the 2007 proof Gold Buffalo coin cost $899.95, which is an increase of 11%.

The American Gold Buffalo coins do have a few special productions. For example there is the 08-08-08 Double Prosperity coin set that includes a 1/2 ounce 24 karat gold buffalo coin as well as a 1/2 ounce 22 karat gold eagle coin. The date is commemorated because it is considered lucky and only happens once every 100 years.

Another exciting way to collect these coins is to buy the “first strike” or “first issue.” Many of the fractional sizes produced in 2008 are now sold out at the United States Mint and have become more valuable / collectible.

The American Gold Buffalo Coin is a wonderful coin to collect and you can depend on its purity of .9995 of 24 karat gold, since its purity is guaranteed by the United State Government.

Elizabeth Jonas writes articles and creates websites on many topics. If you are interested in learning more about the American Buffalo Gold Coins and where to find them at low prices, you may wish to visit her latest website at: http://americanbuffalosgold.com

By Elizabeth Jonas, Copyright 2009

Article Source: http://EzineArticles.com/?expert=Elizabeth_Jonas
http://EzineArticles.com/?American-Gold-Buffalo-Coin-Collecting&id=2996427

On eBay UK:

Pure Golden Coin 999.9 Fine Gold Brittannia 1/4 oz Unique Charles 25 pounds
Pure Golden Coin 999.9 Fine Gold Brittannia 1/4 oz Unique Charles 25 pounds
£ 550.00
1895 GOLD SOVEREIGN - QUEEN VICTORIA OLD HEAD. EXCELLENT CONDITION
1895 GOLD SOVEREIGN - QUEEN VICTORIA OLD HEAD. EXCELLENT CONDITION
£ 600.00
9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE
9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE
£ 29.95
Solid 24ct Gold £5 Coin 150th Anniversary Of The Birth Of Churchill / Sovereign
Solid 24ct Gold £5 Coin 150th Anniversary Of The Birth Of Churchill / Sovereign
£ 59.99
1900 Queen Victoria Gold Half Sovereign Coin
1900 Queen Victoria Gold Half Sovereign Coin
£ 280.00
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
£ 67.00
2020 Gold Proof Half Sovereign
2020 Gold Proof Half Sovereign
£ 345.00
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
£ 67.00
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
£ 67.00
1925 Gold Sovereign Coin - King George V - London
1925 Gold Sovereign Coin - King George V - London
£ 575.00
2017 UK Sovereign Gold Proof Coin Box CoA
2017 UK Sovereign Gold Proof Coin Box CoA
£ 995.00
The Memorial Full Sovereign 2022 Gold Bullion Coin in Blister
The Memorial Full Sovereign 2022 Gold Bullion Coin in Blister
£ 595.00
One Eighth Sovereign 22ct Solid Gold Centenary Of The Flying Scotsman 1/8 Coin
One Eighth Sovereign 22ct Solid Gold Centenary Of The Flying Scotsman 1/8 Coin
£ 104.99
British Isles 80th Anniversary Of D Day Solid 24ct Gold Proof £5 Coin Sovereign
British Isles 80th Anniversary Of D Day Solid 24ct Gold Proof £5 Coin Sovereign
£ 59.99
Full Gold Sovereign Coin
Full Gold Sovereign Coin
£ 560.00
Men’s 9ct Gold Full Sovereign Coin Pendant Mount
Men’s 9ct Gold Full Sovereign Coin Pendant Mount
£ 149.00
22 ct gold half sovereign coin
22 ct gold half sovereign coin
£ 280.00
1896 Queen Victoria Full Gold Sovereign Coin - M - Melbourne Mint
1896 Queen Victoria Full Gold Sovereign Coin - M - Melbourne Mint
£ 575.00
22ct gold quarter sovereign coin
22ct gold quarter sovereign coin
£ 185.00
2 Rand Gold Coin. 1964.   Same as Full Sovereign. Only 3994 minted in this year.
2 Rand Gold Coin. 1964. Same as Full Sovereign. Only 3994 minted in this year.
£ 590.00
View Coins on eBay UK
View Coins on eBay USA

On eBay USA:

Pure Golden Coin 999.9 Fine Gold Brittannia 1/4 oz Unique Charles 25 pounds
Pure Golden Coin 999.9 Fine Gold Brittannia 1/4 oz Unique Charles 25 pounds
£ 550.00
1895 GOLD SOVEREIGN - QUEEN VICTORIA OLD HEAD. EXCELLENT CONDITION
1895 GOLD SOVEREIGN - QUEEN VICTORIA OLD HEAD. EXCELLENT CONDITION
£ 600.00
9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE
9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE
£ 29.95
Solid 24ct Gold £5 Coin 150th Anniversary Of The Birth Of Churchill / Sovereign
Solid 24ct Gold £5 Coin 150th Anniversary Of The Birth Of Churchill / Sovereign
£ 59.99
1900 Queen Victoria Gold Half Sovereign Coin
1900 Queen Victoria Gold Half Sovereign Coin
£ 280.00
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
2018 - Solid 24 ct Gold Proof Coin - QEII - Niue - British Sovereigns - Free P&P
£ 67.00
One Eighth Sovereign 22ct Solid Gold Centenary Of The Flying Scotsman 1/8 Coin
One Eighth Sovereign 22ct Solid Gold Centenary Of The Flying Scotsman 1/8 Coin
£ 104.99
British Isles 80th Anniversary Of D Day Solid 24ct Gold Proof £5 Coin Sovereign
British Isles 80th Anniversary Of D Day Solid 24ct Gold Proof £5 Coin Sovereign
£ 59.99
View Coins on eBay UK
View Coins on eBay USA