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1oz American Buffalo Gold Coin 2011
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1oz American Buffalo Gold Coin 2011
GST - Exempt, zero-rated for GST purposes in Malaysia & Singapore
Country: USA, Mint: United States Mint's, Diameter: 32.7 mm, Thickness: 2.95mm, Weight: 31.10g, Purity: 0.9999% Au Fine Gold (24 karat)
The 1 oz American Gold Buffalo is a relatively new coin, first offered in 2006, and is the first 24-karat gold coin minted by the US Government for public distribution. Its 99.99% gold purity ranks it as one of the purest gold coins in the world, and the coin also holds legal tender status in the USA, with a face value of $50.
Production of 24-karat American Buffalo Gold Coins was authorized by Public Law 109-145, dated December 22, 2005, known as the Presidential $1 Coin Act.
The American Buffalo Gold Coin’s obverse and reverse designs feature images by noted American sculptor James Earle Fraser, once a student of Augustus Saint-Gaudens, for America’s five-cent coin.
That popular coin, known as the “Indian Head,” or “Buffalo Nickel,” was introduced in 1913 and showcases the native beauty of the American West.
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