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American Buffalo Gold Bullion Coin

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

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 Native American depiction on the coins obverse is believed to be based on one different American Indians. four of the American Indians who modeled for Fraser as they sculpted the coin were named by the designer before his death. they were known as Chief Iron Tail of the Lakota Sioux and Chief four Moons of the Cheyenne. Although lots of have claimed to have had a sitting with Fraser for this design, they 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 los angeles Zoological Gardens.

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

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 obtainable 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.

In the first year of the coin’s issuance, 1913, there were four 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