Investment-Grade Gold American Buffalos
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser's design for the Indian Head nickel (Type 1), issued in early 1913.
The coin was created in order to compete with foreign 24-karat gold bullion coins. Since investors some times prefer 99.99% pure gold over the 91.67% gold used in the American Gold Eagle, many were choosing non-U.S. coins, such as the Canadian Gold Maple Leaf, to meet their bullion needs. With the American Buffalo coin, the U.S. government hopes to increase the amount of U.S. gold sales and cash in on the 24-karat sales, which makes up about 60% of the world gold market.
Mintage & Population Tables
The following tables gives mintage and population numbers for mint state (uncirculated), burnished, and proof Gold American Buffalos. You can use these data to determine the rarity of particular coins. The data in these tables are taken from U.S. Mint, NGC, and PCGS released data. These numbers may change over time.
- PR70 PCGS
- PF70 NGC
- MS70 PCGS
Gold Buffalo "Proof Strike" Coin Mintage
|Date||1 oz.||1/2 oz.||1/4 oz.||1/10 oz.|
Last updated 23 April, 2016