Why buy American Gold Buffalo Coins?
Call Kitco's Trade Desk at 1 866-971-2677
American Buffalo Gold coins are the official 24k gold coin of the United States of America.
The US Mint began striking the American Buffalo Gold coin in 2006 and the Gold Buffalo coin remains the official .9999 gold coin of the United States of America.
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1+ | $2,731.76 | $2,845.58 $2,845.58 |
American Gold Buffalo Coin features:
- Guaranteed to have 1 troy ounce of fine gold.
- USA legal tender with a $50 USD face value.
- 24k gold coin with a .9999 fine gold purity.
- Bought and sold with a price premium above the world’s fluctuating gold spot price.
- May ship in protective flips, US Mint Tubes of 20, or a sealed US Mint Case of 500 coins.
- Private investment & also currently exempt from IRS gold dealer reporting in the USA.
- Confidentially shipped to your door or to your non-bank gold storage account.
- Also eligible for Gold IRA or Gold RSP investments.
Since their inception, over 2,000,000 ounces of Gold American Buffalo coins have been purchased by investors and coin collectors around the world.
The U.S. government guarantees that each American Gold Buffalo coin contains .9999 fine gold with an explicit troy ounce weight struck on the coin. The U.S.A.’s Secret Service enforces the government’s American Buffalo Gold coin guarantee.
U.S. Gold coins are currently exempt from IRS 1099-B gold dealer reporting requirements in the United States. This makes the American Gold Buffalo coin one of the most private assets an investor can own outright, unencumbered by counter-party risks.
Gold Buffalo coins are offered in a 1 oz gold coin size. The American Gold Buffalo coin is considered by many gold bullion industry experts, one of the best gold coins available throughout the physical gold bullion market.
Gold Buffalo Coin Prices
American Buffalo Gold coin prices are based on the world’s fluctuating gold spot price.
When physical gold supplies cannot properly meet demand, the premium or price per Gold Buffalo coin over the gold spot price can increase sharply (e.g. 2008 Financial Crisis gold coin shortage).
These official 24k US gold coins also have low legal tender face values (compared to their precious metal market values) which assures these .9999 fine gold coins will not actively circulate nor compete with Federal Reserve Notes (most commonly called US dollars).
Higher Gold Coin Prices when Buying
American Gold Buffalo coins are one of the most popular 24k gold coins minted by a government in terms of overall sales volumes. These pure gold coins also demand some of the gold bullion industry’s highest gold coin buy back prices (the rate at which gold dealers are buying these gold coins back at).
In general gold dealers pay a price premium above the fluctuating gold spot price when buying American Buffalo Gold coins back from investors. This is often not the case with other less popular or well-known gold coins.
Higher Gold Coin Prices when Selling
American Buffalo 1 oz gold coins also demand perhaps the highest gold coin asking prices amongst other modern competing government 24k gold coins (e.g. 24k Canadian Maple Leaf gold coins or 24k Australian Perth Mint Kangaroo Gold coins).
In summation, an American Buffalo Gold coin’s price per ounce will usually be both slightly higher when (1) buying and (2) selling them than compared to other competing high mintage 24k gold bullion coins.
American Buffalo Gold Coin Design
The American Buffalo Gold coin’s is a throwback modification of James Earle Frasers Indian Head nickel design issued from 1913 to 1938.
This modern 24k US gold coin has its obverse (or front of the gold coin) stamped with the profile of a Native American. He is said to be a mixture of 3 chiefs from different American Indian tribes (Two Moons, Big Tree, and Iron Tail). Also struck on this 24k US gold coin’s front is the motto ‘LIBERTY’ on the top right, the year of strike on the bottom left, and below that the letter F for the last name of the .9999 fine gold coin’s designer (Fraser).
The gold coin’s reverse (or back side of this 24k gold coin) is struck with the depiction of an American Bison (commonly miscalled a buffalo which are only naturally found in Africa and Asia). Above the bison’s gold back are the words ‘UNITED•STATES•OF•AMERICA’ and ‘E PLURIBUS UNUM’ (Latin meaning: out of many, one). Also struck on this official American 24k gold coin’s reverse backside is its $50 USD legal tender face value and 1 OZ .9999 FINE GOLD. Finally the motto, IN GOD WE TRUST is struck underneath the golden bison’s head.
Gold Coin deliveries to door?
Safe shipment of gold bullion coins and bars in the mail is more common than you might think.
The majority of our customers take fully insured, physical gold delivery to their door or preferred mailing addresses.
Upon fully cleared payment of your order with Kitco, your gold coins or gold bullion bars are secured tightly in nondescript packaging. All parcels are shipped with full insurance, postal tracking, and an adult signature requirement.
Gold Coin storage with a 3rd party non-bank Gold Vault?
You can elect to deliver and store your gold coins and bullion bars safely and securely with Kitco’s Allocated Storage Program.
Kitco offers multiple third party non-bank gold vault options all fully insured, segregated, and allocated as your property at all times.
Kitcos network of top-tier gold vaults includes some of the most secure gold storage facilities in Canada, Hong Kong, the United States (COMEX approved), and the Cayman Islands (certain conditions apply).
Keep your physical gold bullion purchases outside of the banking and financial systems with our Gold Storage Solutions.
Why buy American Gold Coins?
Since around the year 2000, there has been an overall increase in gold prices in virtually all currencies with record numbers of gold coins being sold to private gold investors worldwide.
Since the financial crisis of 2008, the trend of online gold dealers selling gold coins and gold bullion bars to the investing public has dramatically increased as well.
It has become quite common for investors to buy gold bullion online and take physical delivery in order to better diversify risks to their wealth and investment portfolios.
Why buy American Gold Buffalo Coins from Kitco Metals?
Finding a trusted local or online gold coin dealer who promptly delivers quality gold coins and bullion bars at fair and reasonable prices can be difficult. We have been working in the gold bullion industry for over 40 years and have seen many a local and online gold bullion coin dealer come and go.
Since 1977, Kitco has been buying and selling gold and other precious metal bullion. We are the world’s #1 gold news website and a trusted online gold bullion coin dealer.
Want more information on how to buy and sell gold? How to buy and sell silver? Please reach out to our first class Customer Service Representatives by email <info@kitco.com> or by phone at 1 877 775-4826 (US and Canada) or 1 514 313-9999 (Worldwide).