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: https://americanbuffalosgold.com

By Elizabeth Jonas, Copyright 2009

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

On eBay UK:

1911 King George v Gold Full Sovereign 22ct Coronation Year 7.98g
1911 King George v Gold Full Sovereign 22ct Coronation Year 7.98g
£ 873.70
2022 Full Gold Sovereign Royal Arms bullion coin 7.99g 22ct unboxed
2022 Full Gold Sovereign Royal Arms bullion coin 7.99g 22ct unboxed
£ 895.00
22 Carat Full Gold Sovereign
22 Carat Full Gold Sovereign
£ 924.70
1873 Young Queen Victoria Full Gold Sovereign
1873 Young Queen Victoria Full Gold Sovereign
£ 935.59
1910 Royal Mint Full Gold Sovereign Sydney Mint – PCGS MS63 - Scarce in Grade
1910 Royal Mint Full Gold Sovereign Sydney Mint – PCGS MS63 - Scarce in Grade
£ 996.10
GEORGE V Half Sovereign Coin 22 Carat Gold 1913 3.99g XF - EHB
GEORGE V Half Sovereign Coin 22 Carat Gold 1913 3.99g XF - EHB
£ 600.00
22ct full gold sovereign coin,1958 Queen Elizabeth 2
22ct full gold sovereign coin,1958 Queen Elizabeth 2
£ 950.20
1902 King Edward VII Gold Half Sovereign Coin
1902 King Edward VII Gold Half Sovereign Coin
£ 455.74
1908 KING EDWARD VII GOLD HALF SOVEREIGN 22ct
1908 KING EDWARD VII GOLD HALF SOVEREIGN 22ct
£ 475.00
1894 Queen Victoria Gold Half Sovereign Jubilee Head
1894 Queen Victoria Gold Half Sovereign Jubilee Head
£ 460.60
1912 George V Gold Half Sovereign  22ct
1912 George V Gold Half Sovereign 22ct
£ 475.32
2018 Gold Full Sovereign Coin, Queen Elizabeth II, 22ct 7.98g
2018 Gold Full Sovereign Coin, Queen Elizabeth II, 22ct 7.98g
£ 917.36
Gold Half Sovereign Coin - 1912 King George V
Gold Half Sovereign Coin - 1912 King George V
£ 470.80
2024 Gold Sovereign 1/8th D-Day 22 Carat 1g Coin
2024 Gold Sovereign 1/8th D-Day 22 Carat 1g Coin
£ 167.10
22 Carat 2002Half Sovereign In a 9ct Gold Pendant.
22 Carat 2002Half Sovereign In a 9ct Gold Pendant.
£ 799.99
2022 QEII Memorial Gold Proof Quarter Sovereign – LOW COA #0011.
2022 QEII Memorial Gold Proof Quarter Sovereign – LOW COA #0011.
£ 968.78
Bullion Gold Half Sovereign Best Value
Bullion Gold Half Sovereign Best Value
£ 480.85
Best Value £2 British Gold Coin (Double Sovereign)
Best Value £2 British Gold Coin (Double Sovereign)
£ 1,909.55
1/4 Gold Sovereign Coin Genuine British Gold Collectable.  Excellent Condition
1/4 Gold Sovereign Coin Genuine British Gold Collectable. Excellent Condition
£ 400.00
2026 Quarter 1/4 Solid Gold Sovereign Coin 22ct in Royal Mint Sealed Pack
2026 Quarter 1/4 Solid Gold Sovereign Coin 22ct in Royal Mint Sealed Pack
£ 375.00
View Coins on eBay UK
View Coins on eBay USA

On eBay USA:

1911 King George v Gold Full Sovereign 22ct Coronation Year 7.98g
1911 King George v Gold Full Sovereign 22ct Coronation Year 7.98g
£ 873.70
2022 Full Gold Sovereign Royal Arms bullion coin 7.99g 22ct unboxed
2022 Full Gold Sovereign Royal Arms bullion coin 7.99g 22ct unboxed
£ 895.00
22 Carat Full Gold Sovereign
22 Carat Full Gold Sovereign
£ 924.70
1873 Young Queen Victoria Full Gold Sovereign
1873 Young Queen Victoria Full Gold Sovereign
£ 935.59
1910 Royal Mint Full Gold Sovereign Sydney Mint – PCGS MS63 - Scarce in Grade
1910 Royal Mint Full Gold Sovereign Sydney Mint – PCGS MS63 - Scarce in Grade
£ 996.10
GEORGE V Half Sovereign Coin 22 Carat Gold 1913 3.99g XF - EHB
GEORGE V Half Sovereign Coin 22 Carat Gold 1913 3.99g XF - EHB
£ 600.00
22 Carat 2002Half Sovereign In a 9ct Gold Pendant.
22 Carat 2002Half Sovereign In a 9ct Gold Pendant.
£ 799.99
2024 Gold Sovereign 1/8th D-Day 22 Carat 1g Coin
2024 Gold Sovereign 1/8th D-Day 22 Carat 1g Coin
£ 167.10
View Coins on eBay UK
View Coins on eBay USA