Prior to 2006, the United States Mint had never issued a gold coin with a level of purity beyond 22-karat, or .9167. In 2006, that all changed with the introduction of the American Buffalo 1 oz Gold Coin. The first-ever 24-karat gold coin from the US Mint, the American Buffalo Gold Coin remains the only annual-issue gold coin with .9999 pure gold content. Today, you have the chance to purchase the 2020 American Buffalo 1 oz Gold Coin from Provident Metals.

Highlights:

• Arrives with a protective plastic flip or a tube of 20 coins!
• 15th year of release for the American Buffalo 1 oz gold coin!
• Contains 1 Troy oz of .9999 pure gold in BU condition.
• An indigenous tribal figure in right-profile relief is on the obverse.
• The American bison is depicted on the reverse of the coin.

From 1794 to 1933, the United States Mint issued most of its gold coins with just 90% gold content and a balance of copper. In 1834, gold purity was temporarily lowered from its original 22-karat content to a level below 90%. By 1837, all gold coins from the US Mint had 90% gold content with a balance of copper included in the core. In 1933, all gold coin production halted in the US. In 1986, when gold coins returned with the American Eagle 1 oz gold coin, 22-karat gold was the choice. The American Buffalo 1 oz Gold Coin changed that all.

Obverse

The obverse of 2020 American Buffalo 1 oz Gold Coins includes the right-profile portrait of an indigenous tribal figure. James Earle Fraser created this design in 1913 by combining the facial features of three real-life indigenous leaders of the era. This figure has braided hair with a feather woven in. Liberty and a date mark are inscribed on this side.

Reverse

For the reverse, 2020 American Buffalo 1 oz Gold Coins depict a large bison in left-profile relief standing on a mound of dirt. Fraser also created this image in 1913 and used Black Diamond, a resident bison of the Central Park Zoo in New York City, as the inspiration for his design.

History

The US Mint introduced the American Buffalo 1 oz Gold Coin in 2006 with 24-karat gold. It was the first time a coin of this purity was produced. Other commemorative gold coins in 24-karat gold have since been issued, but the American Buffalo is the only coin issued every year with 24-karat gold.

Ordering

The 2020 American Buffalo 1 oz Gold Coin you purchase here today arrives with an individual protective plastic flip or a tube of 20 coins. Each individual coin is in Brilliant Uncirculated condition. Please dont hesitate to ask questions of the Provident Metals customer service team. You can call us at 800-313-3315, chat with us live online, or email us directly.