- Posted in: Gold Bullion
There’s no doubt that the history of the United States is tied into the rich legacy of gold – one of the most precious metals in the world. To honor our nation’s past and provide investors with a value option to increase their portfolio, the U.S. Mint has produced the exceptional 2016 1Oz. Gold American Buffalo coin.
Authorized under the Presidential $1 Coin Act of 2005, the American Gold Buffalo was the first 1 Oz. .9999 fine 24-karat gold bullion coin produced by the United States. Since its release in 2006, this valuable coin has become a sought after collector’s item – adding value and depth to any investment portfolio.
Historical Significance of the Gold Buffalo
The design of the American Gold Buffalo coin was based upon James Earle Fraser’s iconic Indian Head Buffalo Nickel design. On the obverse side of the American Gold Buffalo is a depiction of a regal Native American chieftain, whose likeness was derived from three powerful chiefs of the Sioux, Kiowa, and Cheyenne tribes.
On the reverse stands the famous American Buffalo. While Fraser originally claimed that the buffalo design was modeled after Black Diamond at the Bronx Zoo, there is some question as to the claim’s validity. Regardless of the buffalo model used to create the original design, the imagery of the coin remains a powerful representation of our nation’s history.
A Worthy Investment for any Collector
The $50 1 Oz. American Buffalo Gold Bullion coin is a tangible way for any investor to add to their collection. Investment in gold has long been a simple, stable way to increase the worth of your portfolio, and the 24-karat gold in the American Buffalo Gold coin is guaranteed by the U.S. Government.
When you’re ready to add the legacy of the American Gold Buffalo to your collection, GMRgold is the ideal way to diversify your portfolio options. Known as one of the most trusted names for valuable coins and precious metals, our friendly representatives always have the customer’s best interest in mind. To find out more, give us a call today and we can discuss the options available for you to own a piece of American history!
If you would like to learn more about this fantastic coin or other like it, contact a GMRgold representative today at 877-795-9585 today!