LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines to Launch New Website

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA


GoldSeek Web

24 Karat Gold: The Top 5 Perks of American Buffalo Gold Coins

 -- Published: Thursday, 27 February 2014 | Print  | Disqus 

By Paul Shaefer


Gold - everyone loves it, especially when it comes in the form of something anyone can use. The gold coin. It's one of the most recognizable forms of money there is - even if it's not technically money. And, one of the more recognizable coins out there in the marketplace is the classic American Buffalo.


The coin was first minted in 2006, and are the only .9999 fine, 24-karat gold coins ever struck by the U.S. mint. The denomination on them is a mere $50, but don't treat it like $50. It's worth a whole lot more than that.


The gold version of this coin is modeled after the buffalo nickel, which was first issued in 1913. It's still one of America's most sough-after coins. Though obviously, the gold coin in much larger in size and heavier in weight, it features the exact same design as the old nickel. The obverse depicts the classic profile of a Native American chief. The reverse shows the American Bison.


Benefits Of Ownership


  • Gold Content - American Buffaloes are the only 24-karat bullion gold coins that are guaranteed in terms of weight and gold content by the U.S. government.

  • Easy To Store - American Buffaloes are really easy to store, come prepackaged by the U.S. Mint in transparent sheets for protection, and are compact and easy to store anywhere without worrying about scuffing or scratching. because these coins are very pure, and gold is a soft metal, you'll want to keep the protective sheet over them.

  • Perfect Mint Quality - The Buffalo coins are taken directly from the minting press and sealed in protective plastic sheets. This means the quality remains perfect. It's the closest thing you'll come to actually getting it straight from the mint.

  • Better Than Bars Or Ingots -  Most seasoned collectors know that gold buffalo coins are easier to handle, and they're also far easier to sell, store, and transport, if needed, than bars or ingots. They also don't incur the added cost of assaying when it's time to sell. This is something that most people overlook - especially amateurs. When you buy gold ingots or bars, you have to have the metal assayed before you can sell it. No dealer will buy from you if you don't. With a coin, that job has already been done and guaranteed by the government.

  • Instant Liquidity - The American Buffalo gold coin is saleable at gold market value in most areas of the world. It's also backed by the U.S. government for purity and weight, meaning that most recognized institutions and financial firms, and even gold dealers, should accept it wherever you go. And, for those that believe the apocalypse is coming, the coin is made of gold so it could really be used as money - albeit for large transactions.

| Digg This Article
 -- Published: Thursday, 27 February 2014 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.