American Buffalo Gold Coin Vs American Eagle

Neither is a better buy than the other.

American buffalo gold coin vs american eagle.

Mint making this family of coins a popular choice for discerning gold owners. Of gold but does not contain the copper of the gold eagle. Of gold in addition to the copper used to make the coin harder. The american buffalo also known as a gold buffalo is a 24 karat bullion coin first offered for sale by the united states mint on june 22 2006 and available for shipment beginning on july 13.

These laws are coded in title 31 subtitle iv chapter 51 subchapter ii 5112 of the u s. The american gold eagle coins were first minted in 1986 under the gold bullion coin act of 1985 and the american gold buffalo coins were first minted in 2006 under public law 109 145. Code the same section mandating the minting of the american silver. The coin s obverse side displays lady liberty with flowing hair a torch in one hand and an olive branch in the other.

The design by augustus saint gaudens a prominent nineteenth century american sculptor. Today american gold bullion coins like the american eagle gold coin and the american gold buffalo coin are the only gold bullion coins whose weight content and purity are guaranteed by the u s. It s been pressed since 1985 and available in sizes ranging from one tenth of an ounce to a. 2020 american eagle gold proof coins on sale march 19 march 17 2020 washington the united states mint mint will begin accepting orders for 2020 american eagle gold proof coins on march 19 at noon edt.

The coin follows the design of the indian head nickel and has gained its nickname from the american bison on the reverse side of the design. The american gold eagle is an extremely popular choice among bullion collectors. First issued in 2006 the american buffalo one ounce gold. The idea behind minting gold buffalos in addition to gold eagles was to.

Florida stacker 7 685 views. The american gold eagle is a 22 carat gold bullion coin introduced in 1986 upon authorization by the gold bullion coin act of 1985. This was the first time ever that the united states.