1 oz American Gold Buffalo (Year Varies)
Introduced in 2006, the American Gold Buffalo is the only 24-karat gold coin issued annually by the U.S. Mint. These striking gold bullion coins come in BU & Proof varieties. Highlights include: arrives in protective plastic, issued since 2006, 1 Troy oz of .9999 pure gold, face value of $50 (USD), Indigenous figure on obverse, American bison on reverse, various dates & abrasions possible. With .9999 purity, these coins are the only annual-issue coins from the US Mint with this fineness. Obverse design features an Indigenous figure created in 1913 by James Earle Fraser for the US Buffalo Nickel. Reverse depicts an American bison, again designed by Fraser for the Buffalo Nickel, allegedly inspired by Black Diamond, a bison from NYC's Central Park Zoo.
- Brilliant Uncirculated
Frequently Asked Questions:
1. What is the spot price of precious metals?
The spot price for precious metals is the current price in the marketplace at which a given asset can be bought or sold for immediate delivery.
2. What is the difference between an ounce and a troy ounce?
A troy ounce dates back to the Middle Ages. It was, and continues to be, used for weighing precious metals. One troy ounce is equal to approximately 31.1035 grams. Our modern day ounce (oz), is a metric commonly used to measure foods and other items, but not precious metals. It is the equivalent of 28.349 grams. A troy ounce is a little heavier, with a gram equivalent of 31.1.
3. What is the bid price of precious metals?
The bid price is the highest price a buyer will pay, in this case for gold, silver or platinum. The ask price refers to the lowest price a seller will accept for the precious metal. The difference between these two is known as the spread. So the smaller the spread means the greater the liquidity.