American Buffalo Gold Proof Coins Shop

It might be useful to learn a little about the history of the American Buffalo Gold coin before making an investment. This beautiful gold coin was first offered for sale by the U.S. Mint in 2006. This actually is the first time that the US Government minted 24K gold coins for public consumption.
The American Buffalo coin has a legal tender of $50. The coin's evidence edition was sold for $800 and its price continued to rise as every year passed. There had been even a Presidential $1 Coin Act of 2005 that mandated a face price of $50 for the 24K coin together with a limit of only three hundred thousand pieces or about ten pieces per household to be minted and sold.

Here's some minutiae about the History of the American Buffalo Gold Coin:

The original copy of the coin with the drawing of the bison or the American buffalo came out in 1913 and was designed by James Earle Fraser.

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2009 W Gold Buffalo Proof Box $ 50 ONE OUNCE with COA    US $9.95

2011 W Proof $50 American Gold Buffalo Box COA No Coin    US $16.99

2 2009 American Buffalo Gold Proof Coins    US $3,665.51

2006 American Buffalo Proof $5000 Coin 9999 per gold    US $1,720.95

2009 W AMERICAN BUFFALO ONE OUNCE GOLD PROOF COIN 999 PURE GOLD NO RESERVE    US $1,877.33

2007 W AMERICAN BUFFALO 999 ONE OUNCE GOLD PROOF COIN NO RESERVE AWESOME    US $1,876.21

Reason of the gold coin creation
In order to compete with other 24K gold coins in the market, the U.S. Government ordered the creation of the American Buffalo Gold Coin. They were losing ground with Canada's Gold Maple Leaf coin as the preferred coin by stockholders due to its higher composition.

Even though the U.S. Government has the Gold Eagle coin, the American Buffalo Gold Coin is more attractive for financiers due to its 99.9% pure vs. the latter. So that's the reason why in 2008, minting of the buffalo gold coins momentarily stopped since it cannot keep up with the demands of the market.

The history of the American Buffalo Gold Coin has demonstrated that investors can easily seek safety with gold to get through the current economic downfall.