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1 oz American Buffalo Gold Coin
In StockIf you would like to own a gold bullion coin that represents the North American heritage, that ... read more
We sell
We buy
Spread
5377,00 BGN
Weight
1 oz
Quantity
Price
5377,00 BGN
Customers rating for Tavex
Introduction
If you would like to own a gold bullion coin that represents the North American heritage, that is deemed legal tender by the United States Government, and that contains one troy ounce of .9999 fine gold, then look no further than the gold American Buffalo. Authorized by the US Congress in 2005 and minted the following year by the US West Point Mint, it is the first 24 karat legal tender gold coin to be issued by the US Government. Depicting graceful designs of iconic American hallmarks, the gold American Buffalo coin is a must for anyone who relishes the founding history of the United States.
Why Buy
- This 1 oz coin tracks the price of gold. The value of American Buffalo coins is primarily determined by their fine gold content which is linked to the prevailing price of gold.
- American Buffalo coins are money. American Buffalos are legal tender in the United States and are accepted and exchanged as such throughout the world.
- The gold American Buffalo is recognisable. The fact that American Buffalo coins are minted by the US West Point Mint and portray two iconic hallmarks of North America, the American Bison and the Native American Indian, guarantees their global recognition and liquidity.
- American Buffalo coins are 99.99 % pure gold. In many ways, it is more exciting to hold the 24 karat American Buffalo coin in your hands than an alloyed gold coin. Unlike alloyed gold, pure 24 karat gold has a lustrous gold colour and, being of higher density, also has a better heft or “feel” to it.
- American Buffalos gold coins are the equivalent of savings. Made of pure gold and backed by the United States Government, American Buffalo bullion coins are an ideal investment for any type of long-term saver who appreciates the security and stability of owning physical legal tender gold coins.
- American Buffalo coins are an excellent way to diversify your portfolio. Gold’s low correlation with other financial assets makes the gold American Buffalo coin serve as a portfolio hedge against market risk.
History
The American Buffalo carries the design of the famous five-cent nickel buffalo coin
James Earle Fraser, one of America’s most famous sculptors of the early 20th century, originally created the chosen die design for the gold American Buffalo coin. The original design was used for the copper – nickel five-cent coin that was minted and issued between 1913 and 1938 in the United States. It would take almost 70 years for this iconic coin design to be used once again on a circulating coin, only this time on a gold bullion coin. Besides making the original distinctive design for the gold Buffalo coin, Fraser also created several of America’s most prominent public monuments, such as the Benjamin Franklin National Memorial in Philadelphia and the Arts of Peace in Washington D.C.
The American Buffalo represents North American Heritage
The American Bison which is portrayed on the obverse of the American Buffalo coin is a species that once roamed freely on the grasslands of North America. Due to the excessive commercial hunting of the American Bison, also referred to as the American Buffalo, the animal was almost wiped out in the 19th century in the United States. Luckily, the species has recently made a comeback thanks to a few national parks and restricted private reserves.
By witnessing the growing popularity of other countries’ 24 karat gold bullion coins, of which Canada’s Maple Leaf and Austria’s Philharmonic gold coins are good examples, the United States Mint decided to issue for the first time in its history its own version of a .9999 fine legal tender gold coin. Until 2006, the only American legal tender gold bullion coin available for purchase was the gold American Eagle which, unlike the Gold Buffalo, is a 22 karat coin and is made of gold and a copper - silver alloy. The introduction of the gold American Buffalo coin was also a historical moment for the United States Mint which for the first time issued two separate legal tender gold coins that contained different gold purities.
Product weight in grams
31.10659
Gold weight in grams
31.10348
Fineness
999.9
Gold weight in troy ounces
1
Diameter (mm)
32.7
Thickness (mm)
-
Face value description
$50
Manufacturer
The United States West Point Mint, United States
Obverse
The obverse portrays a Native American who, according to the designer James Earle Fraser, was created by combining the facial characteristics of three American Indian tribal chiefs. The text “LIBERTY” is also imprinted on the obverse, as is the year of mintage and the designer’s initial “F”, which stands for Fraser.
Reverse
The reverse displays an American Bison, also referred to as the American Buffalo. Above the Buffalo is the engraving “UNITED STATES OF AMERICA” and the Latin words “E PLURIBUS UNUM” which translates as “one out of many”. Inscribed below the Buffalo are the words “IN GOD WE TRUST”, the nominal face value of $50, the weight, and the purity of the coin.
Packaging
Each coin is individually packaged in a hard plastic capsule. Multiples of 20 are available in original mint-sealed tubes.
Supported delivery methods
When placing an order through our online shop, you can choose one of the following options:
- delivery to address by Econt
- delivery to Econt office
- delivery by a secure (incasso) vehicle
- pick them up from a Tavex office
Delivery by Econt might take from 1 to 3 working days, and delivery by a secure vehicle – from 3 to 5 working days. Delivery times depend on when you placed the order and the payment for it, when paying by bank transfer.
Delivery by a secure (incasso) vehicle is carried out to an office of SOT 161, the exact address is subject to an additional agreement.
Orders placed before 3:00 p.m. are processed and delivered to the courier on the same working day, and those placed after this time – on the next working day.
In the case of payment by bank transfer, orders are processed after confirmation of your payment by 3:00 p.m.
You are welcome to come and pick-up your products from the office you chose during checkout at the same day after we have received your payment.
In all instances, you need to present a valid ID to collect the products. Take into consideration that the client, the payer and the recipient must be the same person.
Insurance
The package is fully insured, and in the extremely unlikely case that the package is lost or damaged, we will re-ship the items or refund your money.
Packaging
The products are encased in protective wrapping and placed in a discreet, unbranded padded package.
Delays
If a delivery delay occurs or if the ordered product is out of stock, we will always contact you by email or phone to give you details about the delivery.
Shipping prices
Prices of “Delivery to address”, and “Delivery to Econt office” are based on the total cart price. You can see detailed price information during checkout before you submit the order.
“Delivery by a secure (incasso) vehicle” to an office of SOT 161 within Bulgaria costs 60 lv. and for orders over 9 700 lv. it is free.
Safe delivery
Each shipment is discreetly packed and fully insured , so you can order products online without fear.
High stock availability
Most Tavex products are always in stock and therefore Tavex can deliver quickly and pick up on the same day at top prices on the market. Tavex is the official partner of the world’s largest mints, such as Perth Mint Australia, Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., PAMP Suisse and Valcambi refineries – market leaders in gold bullion production – but also of many other gold refineries and dealers.
Low prices
Thanks to over 25 years of experience and large transaction volumes, Tavex can offer you the best prices on the market. At the same time, you can maximize your return on investment due to the low margins and spreads operated by Tavex.
