The United States Mint began production of this coin in 2006 as a direct competitor to the Canadian Gold Maple Leaf and other pure gold bullion coins. It also provides an alternative to the popular 1 Oz American Gold Buffalo Coin, for investors with whom purity matters.
Coins of American Buffalo, are often lower than for the more popular Gold Eagle coin, but it is more than popular enough to ensure liquidity. Dealers buy and sell the coin in good volume - akin the world's other well known gold coins . such as the Canadian Maple Leaf, Austrian Philharmonic and Australian Kangaroo. Investors can buy it with confidence. They will be getting a coin with unique aesthetics, without paying a high premium.
1 oz Gold Buffalos are struck the US Mint in the facility at West Point, New York.
ABOUT THE DESIGN
American Buffalo coin(copy） is modeled after the famous Buffalo Nickel, created in the early 1900s. His design is perhaps the most beloved in the history of US coinage.
Native American (obverse) - The obverse shows the well-known Indian Head symbol. Fraser is said to have created a composite using images of 3 different Chieftains. He took inspiration from Chief Iron Tail, Chief Two Moons and Chief Big Tree who posed as models as he sketched.
The history behind the image is as intriguing as the coin itself. Some claim that an American buffalo named Black Diamond -- on display at New York's Central Park Zoo was the model for the coin. Conflicting accounts suggest it was a buffalo named "Bronx" located at the rival Bronx Zoo that Fraser used.
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