What's United States Buffalo Gold Coin
by Josue Eichmann
Dependent upon the prominent Indian Head nickel the US Buffalo Gold Coin has kept the interest of lovers and traders for many years. In today's volatile investment climates, gold coins are usually a good hedge against paper investment losses and rising prices. Unveiled during 2006, this coin was the very first 24 carat gold coin ever produced for open public use. The face valued <a href="http://50dollargoldcoin.org/">50 dollar gold coin</a> was initially market appraised at $800, and simply 300,000 had been produced.
The opposite side of this gold coin bears the image of the bison or buffalo; so the name. James Earl Fraser was the man who intended the initial Indian Head nickel in 1913. He developed the face based on facial features of USA Indian chiefs Big Tree, Iron Nail and two Moons. The model for the buffalo may have been the animal known as Black Diamond who resided in the New York Central Park zoo.
The American Gold Eagle holds only 91.67% gold versus the 99.99% purity of various international coins. Many investors and coin collectors were buying gold coins out of other countries searching for purity. Consequently, the Buffalo fifty dollar gold coin was developed so as to contest with international 24 karat gold coins. Owing to their historical value, a pair of coins has been housed at a Smithsonian Organization.
The U.S. Buffalo fifty dollar gold coin is minted at West Point mint in New York as well as all similar gold bullion coins from the United States. Their coin is issued to be a one oz. edition ($50 piece), 1/2 ounce ($25), 1/4 oz. ($10) and 1/10 ounce ($5). There as well exists a gold coated edition of the coin marketed by a private business, yet this version holds no face value on the coin nor will it hold the terms "1 OZ. .9999 FINE GOLD" stamped at it contrary to the original edition which does indeed carry this standard stamp.
In 2007, the mint proof Buffalo fifty dollar gold coin had been evaluated at $900. In The Year 2011, the exact value was $2010. This displays an awesome return on financial commitment in comparison with the $800 cost in 2006.
Josue Eichmann used to collect gold and silver coins like the <a href="http://50dollargoldcoin.org/where-to-buy-50-dollar-gold-coin/">fifty dollar gold coin</a>.
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New Unique Article!
Title: What's United States Buffalo Gold Coin
Author: Josue Eichmann
Email: akobbmarketing@gmail.com
Keywords: 50 dollar gold coin,american buffalo gold coin,buying gold coin,gold coin,gold,finance
Word Count: 347
Category: Hobbies
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