The American Gold Buffalo, an official gold bullion coin of the United States of America, was first released into circulation by the U.S. Mint in 2006 after the successful passage of the Presidential $1 Coin Act in 2005. It was the first time that the U.S. Mint, established under Congress’ Coinage Act of 1972, had ever struck a coin in 24-karat gold.
Comprised of one troy ounce of 99.99% pure gold with no metal alloys added, the American Gold Buffalo is well known in the numismatic world for its stringent purity standards and noteworthy design. The coin carries a legal tender face value of US$50, and its purity, weight, and content are guaranteed by both the U.S. government and the U.S. Mint.
Designed by the American master sculptor James Earl Fraser, these gold bullion coins are famous for their enduring images.